Mixed-Use Investment Property

15026 Center Street, Leo-Cedarville, IN 46765

  • For Sale $319,000
  • Property Type Retail - Freestanding
  • Property Size 2,071 SF
  • Units 2
  • Lot Size 0.16 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1876
  • Year Renovated 2017
  • Date Updated Apr 14, 2025
Located in the city center of Leo on Center StreetIntroducing a historic gem in the heart of Leo-Cedarville! This 2,071 SF free-standing building, dating back to 1876 and thoughtfully renovated in 2017, offers a rare investment opportunity with residential and commercial use. Boasting a versatile live/work space and restaurant potential with a 2-way liquor license, this property provides dual tenant income through its 1-bed, 1-bath apartment and commercial space rental. With its ample storage, small-town charm, and prime downtown location, this property is the perfect canvas for entrepreneurs seeking a distinctive investment opportunity in the thriving Leo-Cedarville area.
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Highlights

  • Versatile Live/Work Space – Perfect for entrepreneurs, this property offers a unique blend of residential and commercial opportunities.
  • Restaurant Potential – Existing tenant has brought the building up to code for a 2-way liquor license, making it ideal for a dining establishment.
  • Dual Tenant Income with a 1-bed, 1-bath apartment and commercial space rental.
  • Ample Storage with 1,100 sq. ft. of additional basement storage for business or personal use.
  • Historic Charm & Prime Location – Late 1800s hardwood floors, small-town character, and a prime spot along the main road through downtown with ample parking for retail or office use.

Contacts

broker

Xplor Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    34/100 Car-Dependent
  • Bike Score ®

    34/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Leo-Cedarville, IN
  • Neighborhood Leo-Cedarville
  • Zip Code 46765
  • Market Fort Wayne

Points of Interest

  • Marathon

    4.64 miles

  • Shell

    4.68 miles

  • Meijer

    5.26 miles

  • BP

    5.61 miles

  • Lassus Handy Dandy

    5.86 miles

  • Speedway

    6.02 miles

  • Quickstop Marathon

    6.04 miles

  • Miller's

    6.09 miles

  • Tesla Supercharger

    9.94 miles

  • Pufferbelly Trail Parking - Shoaff Road

    7.38 miles

  • Lot 16

    8.73 miles

  • Lot 12

    8.74 miles

  • Parking Garage 3

    8.76 miles

  • Lot 13

    8.78 miles

  • Lot 15

    8.79 miles

  • Lot 11

    8.82 miles

  • Parking Garage 2

    8.92 miles

  • Lot 9001

    9.06 miles

  • Parking Garage 1

    9.07 miles

  • Dairy Sweet

    2.08 miles

  • Big Eyed Fish Express

    4.44 miles

  • Joanna's Family Restaurant

    4.53 miles

  • Lexy's Pizza

    4.58 miles

  • Subway

    4.59 miles

  • Smoothie King

    5.40 miles

  • Giordano's

    5.40 miles

  • Taco Bell

    5.40 miles

  • Qdoba

    5.41 miles

  • Arby's

    5.43 miles

  • Save-A-Lot

    2.11 miles

  • Meijer

    5.30 miles

  • Walmart Supercenter

    6.66 miles

  • Kohl's

    6.74 miles

  • Marshalls

    6.85 miles

  • Kroger

    6.94 miles

  • Target

    7.60 miles

  • Big Lots

    7.79 miles

  • Shoppes of Coventry

    8.00 miles

  • ALDI

    8.95 miles

Frequently Asked Questions

How much does Mixed-Use Investment Property cost?

The space currently listed for sale at Mixed-Use Investment Property asks for $319,000.

What is the total square footage of Mixed-Use Investment Property?

Mixed-Use Investment Property totals 2,071 square feet.

When was this property built?

Mixed-Use Investment Property was built in 1876.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker

Xplor Commercial Real Estate

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