EXCEPTIONAL. VERSATILE. OPPORTUNITY. Rare opportunity to own TWO adjoining commercial properties in the heart of Medora, offering multiple income-producing spaces and outstanding flexibility for investors, entrepreneurs, or owner-operators. Together, these properties provide the unique opportunity to generate residential rental income while operating one or more businesses from a prime location. The first property features a fully equipped café, complete with a spacious dining area, separate commercial kitchen, restroom, and ample storage, making it ideal for continued restaurant or café operations. Attached to the café is a spacious THREE bedroom, TWO bathroom apartment featuring a bright living room, kitchen, dining area, laundry room, and fenced-in front yard. Also included is a studio apartment filled with natural light, offering an open living area, kitchen with generous cabinet space, and a bathroom with a stand-up shower. Recent improvements include a fire suppression system in the kitchen, all new electrical completed in 2021, all new plumbing completed in 2021, new flooring, and sealed concrete and brick. The second property is situated on a highly visible corner lot and features a spacious storefront with abundant natural light, creating a welcoming environment for customers and clients. Inside, you'll find a flexible open layout, a private office, beautiful hardwood flooring, and plenty of storage, making it well suited for retail, office, boutique, studio, or a variety of other commercial uses. Utilities are provided by Duke, Town of Medora Water, and Midwest Natural Gas. Whether you're looking to expand your investment portfolio, operate multiple businesses, or combine business ownership with residential rental income, this one-of-a-kind offering provides endless possibilities in a convenient location. With four distinct spaces across two properties, this exceptional package presents a rare opportunity to invest, live, work, and grow all in one location.
Medora is located in Indiana. Medora, Indiana has a population of 917. Medora is less family-centric than the surrounding county with 18.88% of the households containing married families with children. The county average for households married with children is 30.19%.
The median household income in Medora, Indiana is $46,625. The median household income for the surrounding county is $59,504 compared to the national median of $69,021. The median age of people living in Medora is 37.1 years.
The average high temperature in July is 85.6 degrees, with an average low temperature in January of 21.4 degrees. The average rainfall is approximately 46.5 inches per year, with 14.8 inches of snow per year.
