Two rentals. Separate Electric meters both with 200 amp Service. Separate Gas meters. BRAND NEW WELL. HIGH VISIBILITY. TENANT IN PLACE THAT WANTS TO STAY. Located at 418 E Defiance Street in Howe, this commercial building sits directly on State Road 120 with steady daily traffic and strong visibility for a business or investment property. The structure is divided into two separate units with individual gas and electric, allowing for mixed-use options including owner-occupant with rental income or full investment use. One side is currently leased to a dog grooming business, providing immediate income, while the other side is set up as open commercial space and was previously used by an HVAC company, making it suitable for service, retail, storage, or light commercial use. The building was originally a bus service facility for the city of Howe IN and you might remember driving by and seeing the back end of the bus extending out of the side of the building. The layout offers multiple entry points and the ability to modify for overhead doors if desired. Utilities include a new well installed in 2024, city sewer, and NIPSCO gas and electric, with both units having INDIVIDUAL 200-amp service. The metal roof is approximately 10 years old, and drainage has been improved with downspouts routed to underground piping. Additional features include a basement area for storage or storm use, finished upper-level storage above one unit, exterior outlets, Lighted signage, and keypad entry on a secondary entrance. Parking is available on the east side & US 120 with additional nearby overflow options. The property is approximately 2 miles from the I-80/90 Toll Road (Exit 121 at SR 9) and about 5 miles from US 20, providing convenient access for regional travel, service routes, or commuting. Zoning is B4, supporting a range of commercial uses. This is a straightforward opportunity for a user or investor looking for a functional building with income in place, flexible space, and a strong location along a primary route through Howe.
Howe is located in Indiana. Howe, Indiana has a population of 952. Howe is less family-centric than the surrounding county with 13.27% of the households containing married families with children. The county average for households married with children is 37.99%.
The median household income in Howe, Indiana is $46,117. The median household income for the surrounding county is $75,624 compared to the national median of $69,021. The median age of people living in Howe is 27.8 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 15.8 degrees. The average rainfall is approximately 37.7 inches per year, with 29 inches of snow per year.
