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Billie Shively

billie.shively@exprealty.com +1(574) 527-1533

$ 235,000

Est. payment | -/mo

1 Bed

2 Baths

4,356 SqFt

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$ 235,000

Est. payment | -/mo

Save Virtual Tour

1 Bed

2 Baths

4,356 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,356 sqft

MLS Listing ID 202610753

Style Other

Bedrooms 1

Half Baths 2

Abv Grd Liv Area 4,356

Total Fin. Sqft 4356

Year Built 1965

Tax Year 2026

Lot Size 4,356 Sqft

Property Sub-Type Duplex

Property Description

Two rentals. Separate Electric meters both with 200 amp Service. Separate Gas meters. BRAND NEW WELL. HIGH VISIBILITY. TENANT IN PLACE THAT WANTS TO STAY. Located at 418 E Defiance Street in Howe, this commercial building sits directly on State Road 120 with steady daily traffic and strong visibility for a business or investment property. The structure is divided into two separate units with individual gas and electric, allowing for mixed-use options including owner-occupant with rental income or full investment use. One side is currently leased to a dog grooming business, providing immediate income, while the other side is set up as open commercial space and was previously used by an HVAC company, making it suitable for service, retail, storage, or light commercial use. The building was originally a bus service facility for the city of Howe IN and you might remember driving by and seeing the back end of the bus extending out of the side of the building. The layout offers multiple entry points and the ability to modify for overhead doors if desired. Utilities include a new well installed in 2024, city sewer, and NIPSCO gas and electric, with both units having INDIVIDUAL 200-amp service. The metal roof is approximately 10 years old, and drainage has been improved with downspouts routed to underground piping. Additional features include a basement area for storage or storm use, finished upper-level storage above one unit, exterior outlets, Lighted signage, and keypad entry on a secondary entrance. Parking is available on the east side & US 120 with additional nearby overflow options. The property is approximately 2 miles from the I-80/90 Toll Road (Exit 121 at SR 9) and about 5 miles from US 20, providing convenient access for regional travel, service routes, or commuting. Zoning is B4, supporting a range of commercial uses. This is a straightforward opportunity for a user or investor looking for a functional building with income in place, flexible space, and a strong location along a primary route through Howe.

Location

State IN

County Lagrange County

Area Lagrange County

Direction SR 9 North turn right on 120 aka Defiance street follow to property on right.

Rooms

Dining Room 0 x 700

Interior

Flooring Concrete, Mixed, Tile, Vinyl

Appliance Building, Land

Laundry , 8

Exterior

Garage Spaces 1.0

Amenities Available Basement, Ceiling Fan, Off Street Parking, Attic Storage, Attic-Walk-up, Countertops-Laminate, Detector-Smoke, Eat-In Kitchen, Open Floor Plan

Roof Type Metal

Total Parking Spaces 8

Building

Lot Description Corner, Level, Other, 0-2.9999

Story 1

Structure Type Metal

New Construction No

Schools

Elementary Schools Lakeland Primary

Middle Schools Lakeland Intermediate

High Schools Lakeland Jr/Sr

School District Lakeland School Corp

Others

Financing Cash,Conventional

Virtual Tour https://view.mikethomasrealtor.com/order/3d08841f-f6f1-4d16-23f0-08de89980cf0?branding=false

IDX information provided by the Indiana Regional MLS

Listed by Daniel Orlando • Mike Thomas Associates

Nearby Locations

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Billie Shively

REALTOR®, Broker Associate | Lic# RB22001465

billie.shively@exprealty.com

+1(574) 527-1533

2174 N Pointe Dr, Warsaw, IN, 46582, USA

418 Defiance Street Howe, IN 46746

Billie Shively

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

418 Defiance Street