About This Home

This 4-bedroom, 4-bathroom residential multi family at 118 S Elizabeth St in Angola, IN is listed for $399,900 ($83 per sqft). Built in 1920, the home offers 4,790 sqft of living space on a 0.21 acres lot.

Key Features

  • Built in 1920
  • 0.21 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
2 full, 2 half
1920

Amenities

FireplaceA/C
Listing Description

Calling all entrepreneurs and investors! Here's a unique opportunity in downtown Angola where business, investment, and residential living come together! Formerly home to The Hatchery restaurant, this property offers a combination of established commercial space, additional business possibilities, and a spacious 4-bedroom, 2-bath upper-level residence with its own private entrance.

The main level is currently home to Cork N' Barrel, while the owners have retained the kitchen and rear portion of the building for their use. That additional space offers plenty of possibilities! Start your own business, explore expanding the existing tenant's space through negotiation, or bring an entirely new vision to life.

Upstairs, you'll find a residence as spacious as many single-family homes, offering the opportunity to live where you invest or potentially rent it out for additional income. The current owners occupy the upper level and will vacate upon sale. With an existing commercial tenant, flexible space, restaurant history, and a full 4-bedroom residence, this property is anything but ordinary! Bring your ideas and discover the possibilities!

Monthly Cost Estimate

$2,139/mo

20% down · 6.5% · 30 years

Principal$289
Interest$1,733
Insurance$117

Estimates only. Actual payments may vary.

Location

118 S Elizabeth St

Angola, IN 46703

Property Details

Flooring

VinylCarpetLaminateTile - Ceramic

Cooling

Central Air

Questions & Answers

This 4-bedroom, 4-bathroom residential multi family at 118 S Elizabeth St is listed at $399,900 ($83/sqft). The estimated monthly payment is $2,139 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 0.21 acre lot, 2 stories, Fireplace.

This property is listed by Christy Thomson.

CT

Christy Thomson

Agent at Stockwell Real Estate, Inc. dba RE/MAX Results

Listed by Stockwell Real Estate, Inc. dba RE/MAX Results · Broker phone: (260) 665-2414 · Broker website

MLS# 202643985· Source: Northeastern Indiana Association of Realtors· 9 days on PropertySimple

Copyright © 2026 Northeastern Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

118 S Elizabeth St, Angola, IN 46703

Open this listing in: