Listing provided courtesy of The Real Estate Co.Haley McLaughlinMLS# 202549904MLS Provider
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Can you Imagine the Possibilities!? This blank canvas is ready to be transformed into the next Powerhouse for Your Business. Bring Your Vision, Activate the Space into Yours, and Shape its Next Chapter. Quick access to State Road 37, Close Proximity to other businesses and residences, a BOOMING Town, a GROWING Area. This ±8,000 sq ft Solid Historic Building—with a proven history of multiple uses—offers Exceptional Income Potential and the Rare Opportunity to be Reimagined into virtually Any Vision, subject to zoning and municipal approvals. Currently zoned PR (Professional Residential) with a Proprietary Retail Variance. Owner had plans to host an upscale vintage market and rent out booth space to sell vintage items. Although already Popular Among the Vendors who booked booths, seller has plans to pursue other ventures elsewhere. Seller's business plan projects potential Gross Monthly Income Exceeding $6,000, plus an Additional 5% of Sales to Owner. Supporting details available upon request. Not interested in Retail? How about Office Space? Build a drop ceiling and dividing walls to rent out office rooms. Imagine each office having a Large Vintage Window! Apartments? Yes! Sprinkler system? Check! Newer metal roof? Check! Fresh, blank canvas? Check! Basement features 2 emaciating pumps for sewage and 2 regular sump pits which keep the Basement Dry and Odor-Free. Additionally in the basement there is a Brand New Furnace and another that had been Recently Serviced by Lenox. Want to brainstorm a New Business Plan with this building? Call your Favorite Realtor! More details available upon request including full list of building use as PR. More photos coming soon.

Source: Indiana Regional MLS, MLS#: 202549904

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  • Property Type
    Commercial Sale
  • Lot
    0.41 acres

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 512 P Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/18/2026Source: Indiana Regional MLS Status Change
Pending
6/18/2026Source: Indiana Regional MLS Status Change
Pending
6/17/2026Source: Indiana Regional MLS Status Change
Pending
6/3/2026Source: Indiana Regional MLS Price Reduction
$190,000 -11.6%
6/3/2026Source: Indiana Regional MLS Price Reduction
$190,000 -11.6%
4/27/2026Source: Indiana Regional MLS Added to Database
April 27, 2026
4/24/2026Source: Indiana Regional MLS Added to Database
April 24, 2026
3/17/2026Source: Indiana Regional MLS Price Reduction
$215,000 -14.0%
2/13/2026Source: Indiana Regional MLS Price Reduction
$250,000 -13.8%
12/30/2025Source: Indiana Regional MLS Added to Database
December 30, 2025
3/13/2025Source: Indiana Regional MLS Status Change
Sold
1/16/2025Source: Indiana Regional MLS Status Change
Cont-AccptngBackupOffers
1/7/2025Source: Indiana Regional MLS Added to Database
January 07, 2025