$2,500,000
bedrooms
0
bathrooms
0
square feet
21,300
Acreage
3.05
Open Houses
-
year built
1986
Full Baths
0
Half Baths
0
This 3.05-acre property presents a fantastic value-add opportunity with both retail and industrial components, offering versatility and potential for increased returns. The retail site, zoned C4, consists of 15,000 square feet and is currently configured with 8 units, with the potential to be converted into 9 units. Most spaces are built out but would benefit from CAPEX improvements to modernize and maximize rental income. The industrial building, zoned I4, offers 6,300 square feet and is ideal for various industrial uses, providing flexibility for owner-users or tenants. This property is perfect for investors looking to enhance value through renovations and lease-up strategies. With strong zoning designations and ample space for improvements, this site is ready for its next phase of growth!
Location | |
Subdivision | - |
County | Marion |
Elementary School | - |
Middle School | Pike Central Middle School |
High School | Pike Central High School |
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 22033393
Listing agent:
Jason Alsup
#RB14035549
Listing broker:
Exp Realty
(812) 734-6048
Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Tuesday, April 22 2025 at 2:26 p.m. EDT
Kotohomes National