234-244 E Main Street, Gas City, IN 46933
Local realty services provided by:CENTURY 21 Circle
Listed by: tyler shirleyCell: 765-251-5676
Office: crandall real estate group
MLS#:202624020
Source:Indiana Regional MLS
Price summary
- Price:$1,200,000
- Price per sq. ft.:$48
About this home
Step into opportunity and own a remarkable piece of Indiana history in the heart of downtown Gas City! This stately brick multi-use building combines timeless architectural character with exciting potential for the right investor. The ground floor is home to six attractive storefronts, all fully leased to a variety of businesses including professional offices, a beauty salon, and a sports academy. Above, the second story showcases historic residential apartments with soaring 14-foot ceilings, exposed brick, and hardwood floors that exude charm and character. Of the 12 possible units, 8 have already been thoughtfully renovated and are occupied, while the remaining 4 stand ready for transformation—an excellent opportunity for investors looking to increase cash flow and add long-term value. Even better, the unfinished lofts will now feature a brand-new flat roof—setting the stage for a smoother renovation process. Recent updates add peace of mind, including reinforced foundation, separately metered storefronts, updated commercial front doors and windows, and the convenience of an on-site parking lot. The building’s prime downtown location places it within walking distance of City Hall, the public library, coffee shops, restaurants, and other local favorites—making it a central hub for business and community life. Whether you’re an experienced investor or looking for your next project, this property combines historic charm, modern updates, and outstanding upside—all in one exceptional downtown package. Don’t miss your chance to shape the next chapter of this Gas City landmark....
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Home facts
- Year built:1906
- Listing ID #:202624020
- Added:1 day(s) ago
- Updated:June 19, 2026 at 03:54 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:15
- Full bathrooms:8
- Flooring:Wood
- Basement Description:Crawl
- Living area:19,000 sq. ft.
Heating and cooling
- Cooling:Central Air, Window
- Heating:Gas
- Central air:Yes
Structure and exterior
- Year built:1906
- Building area:19,000 sq. ft.
- Lot area:0.47 Acres
- Lot Features:Corner
- Architectural Style:Two Story
- Construction Materials:Brick
- Levels:2 Stories
Schools
- High school:Mississinewa
- Middle school:R J Basket
- Elementary school:Westview/Northview
Utilities
- Water:City
- Sewer:City
Finances and disclosures
- Price:$1,200,000
- Price per sq. ft.:$48
- Tax amount:$5,244
Features and amenities
- Amenities:Cable Ready
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