2240 S US Highway 35 - Freestanding FOR SALE


Knox, IN 46534
$305,000 USD
2240 S US Highway 35, Knox, IN for Sale
$305,000 USD
Freestanding - FOR SALE
1/26
null | Request Cap Rate

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2240 S US Highway 35
Knox, IN 46534


HIGHLIGHTS

  • Heavy traffic count
  • Redevelopment opportunity
  • Possibility of purchasing the lot next door

OVERVIEW

Commercial Opportunity in Knox! Existing lawn mower and small engine repair business available with the real estate, offering a rare turnkey opportunity for an owner-operator or savvy investor. The 4,949 square foot heated building is well-suited for service, repair, and light industrial use and features two overhead doors for easy access and efficient workflow. The existing business includes a strong local presence, parts sales, and repair operations, with inventory negotiable to allow flexibility for the next owner. Whether you choose to continue the current operation or repurpose the space for another commercial use, the layout and functionality provide endless potential. Additional upside: the neighboring property to the South is also listed for sale and available for purchase and may be packaged with this sale, creating a unique opportunity for expansion, redevelopment, or an increased investment footprint. Ideal for investors, mechanics, contractors, or entrepreneurs seeking a versatile property with income-producing possibilities in a convenient Knox location. Opportunities like this—combining real estate, an established business, and expansion potential—don't come along often.

FOR SALE DETAILS

PRICE

$305,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.4 AC

LAND SF

17,595 SF

ZONING

Commercial

APN/PARCEL ID

75-06-35-101-035.000-003

ASK ABOUT THIS PROPERTY

Jim SamuelsonTeam Pursue Commercial DivisionMore Info

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Jim SamuelsonTeam Pursue Commercial DivisionMore Info

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