3.4 Acre Commercial site on new US 50 Bypass and SR 7

Retail-Commercial for Sale
Catylist Listing ID: 28248058
Property Subtypes: Free-Standing Building
Building Size (RSF): 3,760 SF
Gross Building Area: See Agent
Gross Land Area: 3.40 Acres
Sale Price: $325,000
Unit Price: $86.44 PSF
Property Use Type: Vacant/Owner-User
Building Name: Clancy Building
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 6/7/2017

Overview / Comments

Commercial site presently used as a tool & truck rental business.New stoplight and US 50 Bypass within 500' of property. This site has frontage on State Hwy 7 North of North Vernon, Indiana. It includes two buildings and a large lot partially paved. This site has 3.4 acres and the potential for many commercial or retail uses. It is located in a highly visible and heavy traffic area. Jennings County is growing at a fairly rapid rate with several large industries moving to the area, as well as MUTC expanding. This site has lots of potential. See attachments

Attachments & Media

Additional Details

Nearest MSA: North Vernon
County: Jennings
Tax ID/APN: 40-09-29-100-017.000-003
Zoning: COMMERCIAL
Market Type: Small
Retail Clientele: General
Side of Street: Northeast
Road Type: Highway
Property Visibility: Excellent
Largest Nearby Street: State Hwy 7
Transportation: Highway, Airport
Site Description: Commercial site presently used as a tool & truck rental business. This site has frontage on State Hwy 7 North of North Vernon, Indiana. It includes two buildings and a large lot partially paved. This site has 3.4 acres and the potential for many commercial or retail uses. It is located in a highly visible and heavy traffic area. Jennings County is growing at a fairly rapid rate with several large industries moving to the area, as well as MUTC expanding. This site has lots of potential.
Area Description: Commercial site presently used as a tool & truck rental business. This site has frontage on State Hwy 7 North of North Vernon, Indiana. It includes two buildings and a large lot partially paved. This site has 3.4 acres and the potential for many commercial or retail uses. It is located in a highly visible and heavy traffic area. Jennings County is growing at a fairly rapid rate with several large industries moving to the area, as well as MUTC expanding. This site has lots of potential.
Total Number of Buildings: 2
Number of Stories: 1
Property Condition: Fair
Roof Type: Gable
Parking Type: Surface
Heat Type: Electricity
Internet Access: Cable, DSL, Satellite
Zoning Description: Commercial

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,388 13,403 18,681
Median Age: 39.2 36.61 37.55
Households: 1,712 5,131 7,077

Contact

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