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234-244 E Main Street, 
Gas City, IN 46933

$1,200,000


8

Beds


15

Baths


19,000

Sq Ft


Multi-Family


Virtual Tour

Active

Listed by

Tyler Shirley, Cell: 765-251-5676

Crandall Real Estate Group

Last updated:

July 23, 2026, 04:46 AM

MLS#

202624020

Source:

Indiana Regional MLS

About This Home

234-244 E Main Street

Step into opportunity and own a remarkable piece of Indiana history in the heart of downtown Gas City! This stately brick multi-use building combines timeless architectural character with exciting potential for the right investor. The ground floor is home to six attractive storefronts, all fully leased to a variety of businesses including professional offices, a beauty salon, and a sports academy. Above, the second story showcases historic residential apartments with soaring 14-foot ceilings, exposed brick, and hardwood floors that exude charm and character. Of the 12 possible units, 8 have already been thoughtfully renovated and are occupied, while the remaining 4 stand ready for transformation—an excellent opportunity for investors looking to increase cash flow and add long-term value. Even better, the unfinished lofts will now feature a brand-new flat roof—setting the stage for a smoother renovation process. Recent updates add peace of mind, including reinforced foundation, separately metered storefronts, updated commercial front doors and windows, and the convenience of an on-site parking lot. The building’s prime downtown location places it within walking distance of City Hall, the public library, coffee shops, restaurants, and other local favorites—making it a central hub for business and community life. Whether you’re an experienced investor or looking for your next project, this property combines historic charm, modern updates, and outstanding upside—all in one exceptional downtown package. Don’t miss your chance to shape the next chapter of this Gas City landmark.

Home Facts

Multi-Family

15 Baths

8 Bedrooms

Built in 1906

Price Summary

1,200,000

$63 per Sq. Ft.

MLS #:

202624020

Last Updated:

July 23, 2026, 04:46 AM

Added:

a month ago


Rooms & Interior

Bedrooms

Total Bedrooms:

8

Bathrooms

Total Bathrooms:

15

Full Bathrooms:

8

Interior

Living Area:

19,000 Sq. Ft.


Structure

Structure

Architectural Style:

Two Story

Building Area:

25,000 Sq. Ft.

Year Built:

1906


Lot

Lot Size (Sq. Ft):

20,354


Finances & Disclosures

Finances

Price:

$1,200,000

Price per Sq. Ft:

$63 per Sq. Ft.

Source:Indiana Regional MLS
IRMLS information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IRMLS Data is deemed reliable but is not guaranteed accurate by the MLS. IRMLS information provided by the Indiana Regional MLS. Copyright 2026 Indiana Regional MLS LLC.

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.