This property is being offered through a 60-day sealed-bid auction, with all bids due by February 6, 2026. During this period, the seller will accept sealed bids; however, the seller further reserves the right to accept, reject, or negotiate any offer at any time prior to the close of the 60-day sealed bid window. Purchase must be cash only, with no financing contingencies accepted. Buyers are strongly encouraged to submit their highest and best offer, as the seller reserves the right to counter the highest bid. The buyer's intended use of the property must be approved by the Town of Knightstown, and buyers should complete all zoning and use research prior to submitting their bid. Please note: The Town of Knightstown restricts all adult-use businesses, and all proposed uses are subject to town approval. The property is being sold As-Is, and all inspections must be completed prior to bid submission. No post-bid inspections, renegotiations, or repair requests will be permitted. This is a rare opportunity to acquire a large, versatile building in the heart of Knightstown. Serious buyers should conduct all due diligence in advance and be prepared to submit their best cash offer by February 6, 2026.
Location! Location! Location! Don't miss this rare opportunity to own a charming mixed-use commercial property (zoned C-1) in the heart of Knightstown. This beautifully maintained building features a spacious open retail area on the main level, ideal for a boutique, cafe, gallery or office. Current use is a winery. Large windows, high ceilings and architectural details give this space great character and wonderful curb appeal. Upstairs you'll find a 2 bedroom open concept apartment. The apartment has its own entrance. Apartment and Retail space are on separate meters making it easy to keep expenses separated. The bar and bar back with mirror will be included with the purchase of this property (excluded items are tables, chairs, slushy machines, refrigerators under bar, distillery equipment, wine, wine bottles and wine racks.) The appliances and furniture in the apartment are included (excluding the short wood table in living room).New updates to the building include roof, additional attic insulation, upgraded plumbing for the main level and 2 new HVAC systems. Whether you're looking to start your own business, you are a business owner looking to shorten your drive to work or even an investor looking for a downtown space with income potential, this property could be perfect for you. With quick access to I-70 and 45 mins from Downtown Indy. What are you waiting for? Schedule your showing today.
Updated investment property that checks all the boxes. Fully occupied, five unit building in historic Knightstown. Charming finishes, location, and appeal. Original hardwood floors, tall ceilings, and exposed brick walls mix with modern plumbing and electrical throughout. Unit 24 houses Historic Knightstown Inc and includes a show room, kitchenette, bathroom and storage. Unit 26 exudes character and features a lobby, three private offices and washer/dryer connection. Unit 28A (2nd FL) is features 14' ceilings and two large/open rooms. Unit 28B (2nd FL) is a fully renovated two bedroom apartment with open floor plan. Unit 32 is also fully renovated commercial unit. Each unit features an updated bathroom. Tenant pays gas & electric (individually metered). Owner pays water.
Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176
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Knightstown is located in Indiana. 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.
