Key facts
- Living area
- 3,728 sqft
- Lot
- 0.07 acres
- Year built
- 1900
- Type
- Commercial Sale · Mixed Use
- MLS #
- 22130297
- County
- Henry
- Total building area
- 3,728 sqft
About this home
For Sale or Lease. Rare Mixed-Use Investment Opportunity in Historic Downtown Knightstown! This exceptional property offers a unique opportunity to own a substantial portion of the community square in the heart of historic Knightstown. The property features two commercial spaces on the main level, currently combined and operating as a state-of-the-art, turnkey restaurant with equipment and an established restaurant operation in place. The upper level includes two separate apartments, providing additional rental income and creating an attractive mix of commercial and residential uses. Each unit is equipped with its own HVAC system, providing independent climate control for added convenience and flexibility. The historic building has benefited from multiple updates and improvements and is ready for continued commercial and residential use. Whether you're looking to expand an existing business, operate a restaurant while generating residential rental income, or add a distinctive mixed-use property to your investment portfolio, this property offers versatility and strong potential. Opportunities to acquire a property of this size and location on the historic Knightstown community square are rare. Don't miss your chance to own a piece of downtown Knightstown with multiple income-producing possibilities.
Description provided by the listing brokerage.
Exterior
- Roof
- Parking and garage
- Other equipment
Systems
- Heating
- Cooling
- Utilities
Lot and HOA
- Zoning
- commercial
Schools
- Elementary school
- Knightstown Elementary School
- High school
- Knightstown High School
- School district
- C A Beard Memorial School Corp
Taxes
- Estimated annual tax
- $5,830 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
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