1128 Locust St - Storefront Retail/Office FOR SALE


Terre Haute, IN 47807- Downtown Terre Haute
$1,795,000 USD
317-607-0884
1128 Locust St, Terre Haute, IN for Sale
$1,795,000 USD
Storefront Retail/Office - FOR SALE
1/11
null | 9% Cap Rate

1128 Locust St
Terre Haute, IN 47807
Downtown Terre Haute


HIGHLIGHTS

  • The property allows for a wide range of retail, services and commercial uses.
  • High-traffic tenants, providing stable cash flow.
  • Minutes from Indiana State University.

OVERVIEW

County Market Square is a well-established shopping center in downtown Terre Haute, Indiana. This retail offering is part of the shopping center and features two high-traffic tenants, providing stable cash flow and long-term investment potential. This center is sited on 2.86 acres and includes an 8,500 square foot building occupied by Family Dollar, a nationally recognized discount retail chain, and an 8,000 square foot building leased to PlasmaCare, a critical medical services provider that draws consistent customer traffic. Zoned C-3, the property allows for a wide range of retail, service, and commercial uses, making it a versatile asset in a walkable retail corridor. With strong visibility and excellent access, County Market Square is an attractive opportunity for investors seeking income and retail opportunity. The site is minutes from Indiana State University, the 8th largest college in Indiana, as well as near the Vigo County Courthouse in the center of downtown Terre Haute. This dual store opportunity in County Market Square presents an exceptional retail investment for cash flow today and future growth. A separate frontage lot is available for sale separately. Future development is developing nearby to bring more local shoppers to the future of retail here.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

9%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

County Market Square

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

137

LAND DETAILS

LAND ACRES

2.86 AC

LAND SF

124,582 SF

ZONING

C-3

APN/PARCEL ID

84-06-15-382-006.000-002

ASK ABOUT THIS PROPERTY

Sharon ThompsonKW Commercial IndianaMore Info
317-607-0884

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Sharon ThompsonKW Commercial IndianaMore Info
317-607-0884

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.