Outstanding mixed-use investment opportunity! This move-in-ready commercial building offers exceptional flexibility with a retail/office storefront plus two income-producing apartments. New updates within the past five years with updated flooring, paint, updated electrical and plumbing, mini split in ground level unit and a newer water heater for the upper unit. The spacious upper-level one-bedroom apartment features soaring ceilings, abundant natural light, a full kitchen, and a full bath with a Jacuzzi tub. The main-level one-bedroom includes private front and rear entrances, a full kitchen with appliances, full bath, and in-unit washer and dryer. Maximize your investment by maintaining both rental units, creating additional commercial space, or operating your business downstairs while living upstairs. Perfect for investors, entrepreneurs, or owner-occupants seeking multiple income opportunities. High-visibility location, endless possibilities, and immediate income potential make this a property you won’t want to miss!
Hwy 30, to Bourbon Exit (331), 331 south turns into Main Street. Building located in downtown block.
| MLS # | 202631963 |
|---|---|
| Date Listed | 2026-08-06 |
| Status | Active |
| Property Type | Investment |
| Property SubType | Duplex |
| Finished Square Feet | 4,667 sqft |
| Total Square Feet | 5,144 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Duplex |
| Basement | Yes |
| Bedrooms | 2 |
| Bathrooms | 3 (2 Full, 1 Half) |
| Annual Taxes | $2,100.00 |
| Year Taxes Payable | 2025 |
| Year Built | 1915 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 57 |
| Homestead Year | No |
| Family Room | 750 × 750 | Level |
| 4th Bedroom | 2 × 2 | Level |
| 5th Bedroom | 2 × 2 | Level |
| Recreation Room | 2 × 1 | Level |
| Extra Room | 1 × 2 | Level |
| Full Baths | 2 Main |
| Construction | Duplex |
|---|---|
| Lot Size | 2,614 sq ft |
| Acreage | 0.06 Acres |
| Lot Dimensions | 22.4x126 |
| Fence | None |
| Area | Marshall County |
|---|---|
| County | Marshall |
| Subdivision | None |
| Township | Bourbon |
| City | Bourbon |
| State | IN |
| Zip | 46504 |
| School District | Triton School Corporation |
|---|---|
| Elementary | Triton |
| Middle School | Triton |
| High School | Triton |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202631963
Listing Provided Courtesy of Kelly Wentzlof
Milestone Realty, LLC
Cell: 574-532-1332
Listing updated August 7, 2026 at 1:45 pm
Last checked 9 minutes ago
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