18 Jefferson St Knightstown, IN 46148

This exceptional mixed-use property, located at 18 N Jefferson Street in Knightstown, Indiana, presents a unique investment opportunity. The 5,250 square foot building sits on a 0.04-acre lot and is zoned C-1, offering flexibility for a variety of commercial ventures. Currently configured as a winery, the main level boasts a beautifully updated 1,750 square foot open retail space, complete with a built-in bar, hardwood floors, a washroom, and a half-bath. This space is easily adaptable to other uses, such as a coffee shop. Upstairs, a well-maintained 1,270 square foot, two-bedroom, one-bathroom apartment provides additional income potential or comfortable living space. This apartment features hardwood floors, a large open living room and kitchen area with included appliances, and separate street access. A 480 square foot storage area is also available, accessible from both the apartment and the main level. Separate utility meters for the commercial space and apartment simplify expense management. Recent upgrades include a new roof, additional attic insulation, upgraded main-level plumbing, new siding, two new furnaces, and two new central air units. A 1,750 square foot basement provides ample storage. The property enjoys convenient access to I-70 and is situated just 45 minutes from downtown Indianapolis. This property offers the rare opportunity to combine commercial operations with residential living or generate supplemental income through leasing. The combination of its prime location, versatile layout, and recent renovations makes this a truly compelling investment.