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Listed by Tyler Stock • Coldwell Banker Martin Miller Lamb
$ 1,495,000
Est. payment /mo
Pending
2550 N State Highway 7 North Vernon, IN 47265
27,924 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
Square Footage 27,924 sqft
Price per Sqft $53
MLS Listing ID 22106901
Year Built 1973
Tax Year 2025
Lot Size 13.632 Acres
Acres 13.632
Property Sub-Type Retail
Property Description
INVESTMENT OPPORTUNITY - REAL ESTATE ONLY! Purchase with long-term commercial tenant already in place. Property also has approx. 6.5 additional acres to be developed. The plumbing supply store and barns have more than 27,000 sq. ft. The retail store has approx. 5,500 sq. ft retail showroom and 2,000 sq. ft. of office space. There are also two warehouse barns and 3.4 AC open lot which is currently used for plumbing pipe. The entire property totals more than 13.6 acres and is located next to the busiest intersection in Jennings County where Highway 50 and Highway 7 intersect. Also located 20 mins from the I-65 ramp and 30 mins from the I-74 ramp. Also an hours drive from Indianapolis, Cincinnati, and Louisville. The property is also located within city limits and has all major utilities including water, sewer, natural gas, and electric. The property also receives additional income from two separate billboards. If you're a commercial real estate investor this is a dream property.
Location
State IN
County Jennings
Zoning Commercial and Ag
Interior
Fireplace N
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
View Y/N true
View City
Roof Type Metal
Building
Story 1
New Construction false
Schools
Middle Schools Jennings County Middle School
High Schools Jennings County High School
School District Jennings County School Corporation
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