110 S Main St Local commercial 343 m² À vendre Kirklin, IN 46050 344 381 € (1 002,95 €/m²)

110 S Main Street presents a prime mixed-use investment opportunity situated directly in Kirklin's historic downtown core. This 3,696-square-foot commercial building offers a highly desirable income-producing setup with a fully leased commercial tenant on the ground floor and a residential occupant on the second floor. Benefiting from significant recent property enhancements and a highly visible footprint along Main Street, this asset is strategically positioned to capture the overflow of central Indiana's booming northern growth corridor. With its dual income streams and location just minutes from major economic development zones, this property is an excellent acquisition for an investor seeking immediate cash flow and long-term regional upside.
Property Highlights
Income-Producing Mixed-Use Layout: The property generates dual income streams, featuring a fully leased ground-floor commercial space alongside a residential tenant occupying the second floor.
Building Specs: The building offers a sizable 3,696-square-foot footprint in a general commercial zone, providing substantial space for current operations and future flexibility.
Recent Property Upgrades: The 2025 tax assessment reflects a significant 26.3% ($9,800) jump in the building's improvement value compared to 2024, indicating recent capital enhancements or renovations.
Prime Main Street Exposure: The property sits directly on Kirklin's main thoroughfare, granting excellent visibility for the ground-level tenant and easy access for residential tenants. Kirklin is a historic town in Clinton County that is rapidly emerging as a strategic location within central Indiana's economic expansion corridor.
The LEAP Innovation District: Kirklin is located just 16 miles from Lebanon, home to the massive LEAP Innovation District which features Eli Lilly's ~$2.1 billion manufacturing campus and Meta's $10 billion data center.
Suburban Proximity: The town sits in a highly strategic pocket of the state, located roughly 20 miles from the affluent and rapidly growing Indianapolis suburbs of Zionsville and Westfield, and about 25 miles from Carmel.
Future Monon Trail Expansion: Kirklin is positioned along the route of a proposed northern extension of the Monon Trail. With strong support from the Town Council, this potential recreational corridor presents unconfirmed but significant upside for future local tourism and downtown foot traffic.