$235,000

418 Defiance Street, Howe, IN 46746

  • 1 bed |
  • 2 baths |
  • 5,006 sqft
  • Property Icon Duplex
  • Property Year Built Icon Built in 1965
  • Property Lot Size Icon4,356sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $47/sqft
  • Property List Date Icon Listed 4 days ago

Property Description

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.

Listing Status:
Active
Date Added:
March 31, 2026
Data Last Updated:
April 5, 2026 at 2:58AM
Listing Office:
Mike Thomas Associates : 260-463-2881
Listing Agent:
Daniel Orlando : 260-993-2577
MLS ID:
202610753
  • Basement: Partial BasementUnfinished
  • Flooring: ConcreteMixedTileVinyl
  • A/C: Central Air
  • Heating: Forced AirGasMultiple Heating SystemsHeat Pump
  • General: Metal
  • Style: Other
  • Other Structures: None
  • Parking: GravelOff StreetOtherStreetParking spaces: 8
  • Roofing: Metal
  • School District: Lakeland School Corp
  • Driveway: Gravel
  • Zoning: SKAGGS LIMA REPLAT - LOT 1 - .23 AC44-02-30-300-001.100-012

This listing courtesy of Daniel Orlando , Mike Thomas Associates

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

Lakeland Primary School

1 Lemaster Cir, Lagrange, IN, 46761

Grades KG-2

5.36 miles away

L

Lakeland Intermediate School

805 E 075 N, Lagrange, IN, 46761

Grades 7-12

4.60 miles away

L

Lakeland Intermediate School

805 E 075 N, Lagrange, IN, 46761

Grades 7-12

4.60 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.