Have you been looking for a property that will provide both commercial and residential spaces and/or income? Your ideal opportunity is now available! This mixed-use 3500 sq ft commercial building (zoned C-1) is located in the heart of the growing town of Knightstown! Currently used as a winery, this property offers a large and beautifully updated open retail area on the main level with built in bar, wooden floors, wash room, and half bath. The 1750 sq ft main level could continue to be a winery, or could easily become a coffee shop as well. Upstairs is a well maintained 2 bedroom, 1 bath apartment with both interior and street access doors. The 1270 sq ft apartment also showcases hardwood floors and includes a large open living room and kitchen area. The kitchen will come complete with appliances! The upstairs also includes a 480 sq ft storage area that could be used either for the apartment or for the downstairs business. The business and apartment are on separate meters making it easy to keep expenses separated. This is a unique opportunity as you could either live where you work, or you could lease out the apartment to help with your main level business expenses. New updates to the building include a new roof, additional attic insulation, upgraded plumbing for the main level, new siding, 2 new furnaces and 2 new central air units. The building also contains a 1750 sq ft basement. Quick access to I 70 and just 45 minutes from downtown Indianapolis. Schedule your showing today to envision your possibilities!
Great Commercial Business opportunity in Knightstown, Indiana. The property is located on the Square in Knightstown. Offering 2,520 sq. ft. of restaurant space, fully operational kitchen, and bakery. In addition the property has two studio apartments adding additional passive income. Both apartments are approximately 800 sq. ft., currently occupied on month to month. Price includes most restaurant equipment. Zoned C-1
The median home value in Knightstown, IN is $310,000. This is higher than the county median home value of $152,900. The national median home value is $338,100. The average price of homes sold in Knightstown, IN is $310,000. Approximately 52.33% of Knightstown homes are owned, compared to 27.89% rented, while 19.78% are vacant. Knightstown real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Knightstown real estate agent to arrange a tour today!
Knightstown, Indiana has a population of 2,109. Knightstown is more family-centric than the surrounding county with 28.72% of the households containing married families with children. The county average for households married with children is 28.42%.
The median household income in Knightstown, Indiana is $55,000. The median household income for the surrounding county is $54,154 compared to the national median of $69,021. The median age of people living in Knightstown is 39 years.
The average high temperature in July is 83.7 degrees, with an average low temperature in January of 18.4 degrees. The average rainfall is approximately 44 inches per year, with 23.9 inches of snow per year.