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46,182sqft 4.8acre Redevelopment 1137 3rd Ave Local commercial 4 290 m² 100 % Loué À vendre Terre Haute, IN 47807 1 064 125 € (248,02 €/m²)
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INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- C-5 zoning offers maximum flexibility — ideal for retail, flex, or climate-controlled storage redevelopment.
- High-visibility corner site near downtown and ISU with 195 parking spaces and multiple access points.
- Potential state and local tax incentives may be available to support and enhance the redevelopment of this project.
- Large building footprints (±45,600 SF) allow cost-efficient conversion vs. new construction.
- Strong market fundamentals — rising demand for modern retail, service, and storage uses in Terre Haute’s growth corridor.
RÉSUMÉ ANALYTIQUE
FOR SALE – Redevelopment Opportunity | 1140 Locust St & 1137 3rd Ave, Terre Haute, IN
Two adjoining commercial parcels totaling over 45,000 square feet of building space available for redevelopment in Terre Haute’s urban core. These properties will be sold together, offering a rare opportunity for a large-scale commercial project with exceptional flexibility and visibility.
Property Details:
- 1140 Locust St: Approx. 42,000 SF solid brick building, previously operated as a supermarket.
- 1137 3rd Ave: Approx. 3,600 SF brick building with excellent structural integrity.
- Zoning: C5 – wide-open commercial zoning allowing nearly all commercial uses (excluding multi-family).
- Total Acreage: Combined parcels provide ample space for redevelopment or outdoor storage.
Highlights:
- Excellent access and visibility in a central Terre Haute location.
- Strong structural bones—both buildings are solid brick construction, ideal for adaptive reuse.
- Perfect candidate for climate-controlled self-storage, flex industrial, retail redevelopment, or mixed commercial use.
- Large parking and lot area providing flexibility for additional storage or expansion.
- Multiple possible tax incentive available for developers.
Whether you’re an investor, developer, or owner-user looking for a versatile commercial site, these properties
provide the foundation for your next project.
Two adjoining commercial parcels totaling over 45,000 square feet of building space available for redevelopment in Terre Haute’s urban core. These properties will be sold together, offering a rare opportunity for a large-scale commercial project with exceptional flexibility and visibility.
Property Details:
- 1140 Locust St: Approx. 42,000 SF solid brick building, previously operated as a supermarket.
- 1137 3rd Ave: Approx. 3,600 SF brick building with excellent structural integrity.
- Zoning: C5 – wide-open commercial zoning allowing nearly all commercial uses (excluding multi-family).
- Total Acreage: Combined parcels provide ample space for redevelopment or outdoor storage.
Highlights:
- Excellent access and visibility in a central Terre Haute location.
- Strong structural bones—both buildings are solid brick construction, ideal for adaptive reuse.
- Perfect candidate for climate-controlled self-storage, flex industrial, retail redevelopment, or mixed commercial use.
- Large parking and lot area providing flexibility for additional storage or expansion.
- Multiple possible tax incentive available for developers.
Whether you’re an investor, developer, or owner-user looking for a versatile commercial site, these properties
provide the foundation for your next project.
INFORMATIONS SUR L’IMMEUBLE
Type de vente
Investissement ou propriétaire occupant
Condition de vente
Projet de requalification
Type de bien
Local commercial
Sous-type de bien
Surface de l’immeuble
4 290 m²
Classe d’immeuble
C
Année de construction
1980
Prix
1 064 125 €
Prix par m²
248,02 €
Pourcentage loué
100 %
Occupation
Multi
Hauteur du bâtiment
1 étage
Quais de chargement
3 Extérieur
Coefficient d’occupation des sols de l’immeuble
0,22
Surface du lot
1,94 ha
Zonage
C5 - Commercial - C-5 zoning in Terre Haute allows a wide range of commercial, office, service, and light industrial uses—ideal for adaptive reuse and redevelopment.
Stationnement
190 places (44,28 places par 1 000 m² loué)
Façade
88 m sur 3rd Avenue
PRINCIPAUX COMMERCES À PROXIMITÉ
Fifth Third Bank
TAXES FONCIÈRES
| N° de parcelle | Évaluation des aménagements | 343 670 € | |
| Évaluation du terrain | 79 001 € | Évaluation totale | 422 670 € |
TAXES FONCIÈRES
N° de parcelle
Évaluation du terrain
79 001 €
Évaluation des aménagements
343 670 €
Évaluation totale
422 670 €
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46,182sqft 4.8acre Redevelopment | 1137 3rd Ave
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