116 S Maple Street, Orleans, IN 47452

$275,000
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BEDS1 BATHS1 full 2 partial SQUARE FEET3,360 MLS#202629554
STATUSActive PROPERTY TYPEMulti Unit - Multiple SCHOOLOrleans Community Schools

Property Description

VERSATILE. ESTABLISHED. OPPORTUNITY. Prime commercial opportunity offering a versatile layout with one full bathroom, two half bathrooms, and an upper-level apartment, making it ideal for business owners, investors, or those seeking a live-work setup. Step inside to a spacious, well-lit main level, currently operating as a dance studio. The open floor plan provides exceptional flexibility and could easily accommodate a variety of commercial uses, including retail, office space, fitness or dance instruction, salon services, creative studios, or professional services. A convenient half bathroom serves the main level, while the open layout allows for efficient operations and customer flow. Located at the rear of the building is a private entrance leading to the upper-level apartment. Upstairs, you'll find a welcoming foyer with a cozy electric fireplace, a large open living room and kitchen, a spacious bedroom filled with natural light, an additional one full and a half bathroom, and a laundry area. The apartment comes complete with kitchen appliances, providing an excellent opportunity for owner occupancy, employee housing, or rental income. Whether you're looking to establish your own business, expand your investment portfolio, or take advantage of a property that offers both commercial and residential functionality, this unique property delivers outstanding flexibility and long-term potential. Some of the most recent updates include all new wiring, all new plumbing, and new flooring throughout. Additional improvements include new front windows and front door, both bathrooms updated, and a remodeled kitchenette. The property also features new hot water heaters and all appliances are included. Exterior updates include a new "face" on the building and a rear concrete pad. With a flexible commercial layout, valuable upper-level living quarters, and endless possibilities for business or investment, this property is ready to bring your vision to life.

116 S Maple Street | MLS# 202629554

This multi-family property located at 116 S Maple Street, Orleans, IN 47452 is currently listed for sale with an asking price of $275,000. S Maple Street is located within the Orleans Community Schools school district. Search Orleans real estate on www.ikeyrealty.com today.

Property Features

Property Type: Multi Unit - Multiple
Basement: Yes
Basement: Partial Basement
Cooling: Central Air
Heating: Gas, Forced Air
Home Style: Apartment Building
Lot Size: 0.06 Acres
Roof Type: Other
Stories: 2.0
Year Built: 1900

Feature Descriptions

Above Grade Finished SQFT: 3360
Amenities: Off Street Parking
Days on Site: 29
Exterior: Brick
Lot: Irregular
Lot Dimensions: 24 x 102
Owner Pays: Maintenance
Sale Inclusions: Building
Sewer: City
Tenant Pays: Electric, Fuel, Heating
Total Finished SQFT: 3360
Units: 1
Water: City

Local Schools

High School: Orleans
Middle School: Orleans
Elementary School: Orleans
School District: Orleans Community Schools

Listed By / Shown By

Listed By

Agency Name: Williams Carpenter Realtors
Agent Name: Natasha Johns
Agency Phone: 812-275-4401

Shown By

Agency Title: Key Realty
Agency Phone: 877-539-7589

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Estimated Payment

$ 1,618.48 per month $1,538.27 Principal & Interest $0.00 Property Tax (data not provided by mls) $80.21 Homeowner's Insurance

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