15027 State Road 1st Rd, Leo, IN 46765-9323

$210,000
2
BD
2
BA
2,060
SqFt

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List Price
$210,000
MLS#
202632418
Property Type
Residential
Levels
Two
Bedrooms
2
Bathrooms
2
Sqft. of Residence
2,060
Year Built
1900
Status
ACTIVE

Property Description

Unique Mixed-Use Opportunity in the Heart of Leo! Located in the town center of Leo, 15027 State Road 1 offers a versatile property with endless possibilities for an investor, business owner, or owner-occupant. The second floor features a two-bedroom, one-full-bath apartment with cathedral ceilings, providing immediate residential use or rental income potential. The main level offers flexible commercial space ideal for retail, professional office, studio, or service-based use. For those looking to maximize the property’s residential potential, the main floor could also be renovated into an additional apartment, creating a potential multi-unit investment opportunity. Outside, the property includes a detached two-car garage and a small side yard, adding valuable storage, parking, and outdoor space. With its central Leo location and combination of residential and commercial possibilities, this property offers a unique opportunity to create a space that fits a variety of needs!

Additional Information

Style
Historic Antique
Basement
Cellar
Foundation
Block
Acres
0.08
Cooling
Central Air
Water
Well
Financing
Clear
Region
Allen County
School District
East Allen County

Listing courtesy of Brandon Schueler from Mike Thomas Assoc., Inc.

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Calculator source: Real Geeks

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID.