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!
Active under contract
$399,900
118 S Elizabeth St, Angola, IN 46703
4beds
4,790sqft
Multi Family
Built in 1920
-- sqft lot
$384,500 Zestimate®
$--/sqft
$-- HOA
What's special
Private entrance
- 11 days
- 1,007
- 62
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Christy Thomson Cell:260-316-9940,
RE/MAX Results
Source: IRMLS,MLS#: 202643985
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 2
- 1/2 bathrooms: 2
Heating
- Natural Gas, Forced Air, Wall Furnace, Other, Fireplace(s)
Cooling
- Central Air, Other, Ceiling Fan(s)
Appliances
- Included: Tankless Water Heater
- Laundry: Washer Hookup
Features
- Ceiling-9+, Walk-In Closet(s), Eat-in Kitchen, Entrance Foyer
- Flooring: Carpet, Ceramic Tile, Laminate, Part Carpet, Vinyl
- Has basement: No
- Has fireplace: Yes
Interior area
- Total structure area: 4,790
- Total interior livable area: 4,790 sqft
- Finished area above ground: 4,790
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Parking features: Public, On Street, Off Street Parking
Accessibility
- Accessibility features: ADA Features
Features
- Levels: Two
- Stories: 2
- Patio & porch: Deck
- Fencing: None
Lot
- Size: 9,016 Square Feet
- Dimensions: 120 x 75
- Features: Corner Lot, 0-2.9999, City/Town/Suburb
Details
- Additional structures: None
- Parcel number: 760626311516.000012
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Brick, Wood Siding
- Foundation: Slab
- Roof: Other
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Electric: REMC
- Sewer: City
- Water: City
Community & HOA
Community
- Features: Sidewalks
- Security: Smoke Detector(s)
- Subdivision: None
Location
- Region: Angola
Financial & listing details
- Annual tax amount: $1
- Date on market: 10/23/2026
- Listing terms: Cash,Conventional,Other
- Inclusions: Building
- Lease term: Month To Month
- Total actual rent: 21600
- Tenant pays: None
- Road surface type: Paved
Estimated market value
$384,500
$365,000 - $404,000
$1,708/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/23/2026 | Listed for sale | $399,900 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 46703
Nearby schools
Schools provided by the listing agent
- Elementary: Hendry Park
- Middle: Angola
- High: Angola
- District: MSD of Steuben County
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.



