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208 S Market Street

Delphi, IN 46923
  • $1,200,000
  • STATUS: Active
  • ON SITE: 27 Days
  • MLS #: 202514317
UPDATED: 34 min ago
$1,200,000
  • 0
    BEDS
  • 0.1
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 13,745
    SQFT
Neighborhood:
None
Type:
Commercial-Lease
Built:
1880
County:
Carroll
Area:
Carroll

School Ratings & Info

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Listing provided by Grant Thompson of Raeco Realty: .

Description

Discover an incredible opportunity to own a 20 unit building in Delphi, Indiana that overlooks the historic courthouse square! Originally built in 1880, this fully-leased property features 17 apartments and 3 commercial spaces. Its perfectly situated in a high visibility location just steps from Delphis vibrant downtown district that includes restaurants, retail, and more. The property presents a rare chance for investors to acquire a stable, cash-flowing asset with rent increases for the foreseeable future. Whether youre looking to expand your portfolio or make your first foray into real estate, this wonderful property offers a prime location and a steady return on investment. Dont miss out on this unique opportunity in one of Indianas most welcoming and historic communities.



© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2025-05-22T07:28:09.593.

www.movingwithteammelton.com/homes/162927154
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208 S Market Street Delphi, IN 46923

  • Price: $1,200,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 34 min ago
  • MLS #: 202514317
0
Beds
0
Baths
0
½ Baths
0.1
Acres
13,745
SQFT
$87
$/SQFT
1880
Built
Neighborhood:
None
County:
Carroll
Area:
Carroll
Property Description
Discover an incredible opportunity to own a 20 unit building in Delphi, Indiana that overlooks the historic courthouse square! Originally built in 1880, this fully-leased property features 17 apartments and 3 commercial spaces. Its perfectly situated in a high visibility location just steps from Delphis vibrant downtown district that includes restaurants, retail, and more. The property presents a rare chance for investors to acquire a stable, cash-flowing asset with rent increases for the foreseeable future. Whether youre looking to expand your portfolio or make your first foray into real estate, this wonderful property offers a prime location and a steady return on investment. Dont miss out on this unique opportunity in one of Indianas most welcoming and historic communities.
Exterior Features

Construction Type1 Commercial Driveway None Exterior Brick Fence None Fire Doors YN No Location City Lot Dimensions 38x120 Parking Street Parking YN No Road Access City Roof Material FlatOtherRolled Security Light YN No Signs YN No Water Features None Waterfront YN No

Interior Features

Basement Foundation Partial Basement Basement YN Yes Bldg1 Above Grd Sq Ft 13745 Bldg1 Below Grd Sq Ft 2318 Bldg1 Fin Office Sq Ft 4549 Ceiling Height 8 Ft Column Spacing N/A Cooling Central Air Flooring Vinyl TileWood Heating Fuel GasForced Air Interior Height N/A Interior Walls Drywall Internal Rooms KitchenOffice Special Features 220 VoltsSingle PhaseFreight ElevatorOffice Space Total Restrooms 20

Property Features

Annual Taxes 10490.84 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN Yes Documents Available Lease Easements None Electric Company Duke Energy Indiana Enterprise Zone No Equipment YN No Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Gas Company NIPSCO Ingress Egress None Lease Available YN Yes Lease Term Remaining Yearly New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Office/ShowroomOther Property Sub Type Mixed Use Property Use Investment Property Proposed Financing CashConventional Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer Hook-UpMun. Water Hook-Up Reo YN No Restrictions None Sale Includes BuildingLeaseInventory Sewer City Smoke Fire Alarm YN No Special Assessments None Sprinkler System YN No Tax Abatement No Township Deer Creek Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2025

Listing provided by Grant Thompson of Raeco Realty: .

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2025-05-22T07:28:09.593.

 
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Team Melton | ERA First Advantage Realty
8711 W Highway 66
Newburgh IN, 47630
Listing provided by Grant Thompson of Raeco Realty: .