101 W Main Cross ST, Edinburgh, IN 46124
101 W Main Cross ST, Edinburgh, IN 46124
101 W Main Cross ST, Edinburgh, IN 46124
101 W Main Cross ST, Edinburgh, IN 46124
101 W Main Cross ST, Edinburgh, IN 46124
101 W Main Cross ST, Edinburgh, IN 46124
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Rick Daves

Rick Daves

+1(317) 614-5484
Listed by Travis Carpenter • Indiana Ford Realty LLC
$ 475,000
Est. payment | /mo

14,718 SqFt

Save
$ 475,000
Est. payment | /mo
Save

14,718 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 14,718 sqft

Price per Sqft $32

MLS Listing ID 22077472

Year Built 1919

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Sub-Type Mixed Use

Property Description

Located at the absolute center of downtown Edinburgh, IN, this massive historic commercial building is one of the most prominent and recognizable properties in the downtown corridor. (check out town's Comprehensive Plan). Sitting directly on the charming main strip, the building benefits from constant visibility, walkability, and long-term relevance within the community. The exterior of the property has recently undergone a full cosmetic renovation, completed at no cost to the owner, through the Historic Buildings Program administered by Indiana Landmarks. The result is a beautifully restored facade that preserves historic character while presenting exceptionally well for tenants, residents, and investors alike. The current owner invested significant time and effort securing a variance that allows for five (5) residential apartment units on the 2nd and 3rd floors. While construction was never started, rough plans and layout concepts were completed, envisioning: Two (2) four-bedroom, two-bath units, Two (2) three-bedroom, two-bath units, One (1) studio unit. The ground floor is already income-producing, with two established commercial tenants in place: A photography studio and a thrift store. This creates immediate cash flow while preserving substantial upside through future residential development above. Additional highlights include: Full basement with unusually high ceilings, offering flexible use potential. Extremely high ceilings on the 2nd and 3rd floors, estimated at 15-20 feet, ideal for loft-style apartments or premium finishes. Strong blend of cash flow + appreciation, combining stabilized commercial income with value-add residential upside. Rare opportunity to own a cornerstone historic asset in a growing small-town downtown environment. Whether positioned as a mixed-use redevelopment, long-term hold, or phased value-add investment, this property offers scale, history, and upside that are increasingly difficult to find in downtown Indiana markets

Location

State IN

County Johnson

Zoning Commercial

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected

Building

New Construction false

Schools

Elementary Schools East Side Elementary School

Middle Schools Edinburgh Comm Middle School

High Schools Edinburgh Community High School

School District Edinburgh Community School Corp

MIBOR MLS
© 2026 All listing information is courtesy of MIBOR Broker Listing Cooperative(R) as distributed by MLS Grid. All rights reserved.

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Rick Daves

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 614-5484

rick@bluprintrealestategroup.com

6357 W US Highway 52 New Palestine, IN 46143, New Palestine, IN 46163, USA

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101 W Main Cross ST