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Otwell, IN

Otwell, IN Commercial Real Estate for Sale

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Washington, IN Jasper, IN Petersburg, IN Loogootee, IN Kentland, IN Winslow, IN Dubois, IN Huntingburg, IN

Former School Building with Gym

Updated: Aug 28

Former School Building with Gym

1869 N State Road 257, Otwell, IN 47564

$390,000

42,079 sqft 10.79 AC lot

Approximately 42,079 square feet under roof on +/-10.79 acres
16 classrooms plus office, library, kitchen, stage, gym, and cafeteria areas
Combined gymnasium and cafeteria spans approximately 8,000 square feet
Built in 1973 with a 2001 addition featuring two‑sided access
Complete building plans included with the sale

Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 74 Potential Opportunities for your consideration. Besides 1 Active listings in Otwell, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 69 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Purpose-Built Gymnastics Facility

Purpose-Built Gymnastics Facility

412 N Truman Road, Jasper, IN 47546

$1,130,000

0.84 AC lot

Operating dance and gymnastics business offered with its facility, equipment, furnishings, and inventory.

Brick Grocery and Convenience Store

Brick Grocery and Convenience Store

2870 S State Road 61, Winslow, IN 47598

$450,000

0.38 AC lot

Brick construction, dedicated storage, and a half bath support daily retail operations.

Turnkey Restaurant and Bar with Liquor

Turnkey Restaurant and Bar with Liquor

4970 W State Road 56, Jasper, IN 47546

$600,000

0.63 AC lot

Turnkey restaurant and bar offering a 10-burner outbuilding and a 3-way liquor license, with equipment and furniture included.

Tillable Agricultural Land

Tillable Agricultural Land

E Co. Rd. 350 S, Winslow, IN 47598

$405,000

67.35 AC lot

Tillable acreage is complemented by wooded sections across two separate parcels.

Off-Market Properties in Otwell, IN

Consider similar Off-Market properties in Otwell, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

2230 Spg St

PARKING GARAGE, PARKING STRUCTURE

2230 Spg St, Otwell, IN 47564-5408

Estimated value:

$255,000

9,440 sqft 1.02 AC lot

2017 State Rd 257

AUTO REPAIR, GARAGE

2017 State Rd 257, Otwell, IN 47564-8755

Estimated value:

$265,000

3,156 sqft 0.15 AC lot

10080 State Rd 56

RETAIL STORES (PERSONAL SERVICES)

10080 State Rd 56, Otwell, IN 47564-8892

Estimated value:

$1,170,000

11,028 sqft 1.72 AC lot

9993 State Rd 56

COMMERCIAL (GENERAL)

9993 State Rd 56, Otwell, IN 47564-8891

Estimated value:

$255,000

1,200 sqft 1.52 AC lot

Nn State Rd 257th At E State Rd 56

VACANT COMMERCIAL LAND

Nn State Rd 257th At E State Rd 56, Otwell, IN 47564

Estimated value:

$230,000

2.00 AC lot

8264 State Rd 56

THEATER (MOVIE)

8264 State Rd 56, Otwell, IN 47564-8877

Estimated value:

$305,000

3,780 sqft 0.63 AC lot

9969 State Rd 56

COMMERCIAL (GENERAL)

9969 State Rd 56, Otwell, IN 47564-8891

Estimated value:

$255,000

939 sqft 1.00 AC lot

7702 State Rd 356

INDUSTRIAL (GENERAL)

7702 State Rd 356, Otwell, IN 47564-8863

Estimated value:

$625,000

24,750 sqft 3.27 AC lot

5700 State Rd 356

COMMERCIAL (GENERAL)

5700 State Rd 356, Otwell, IN 47564

Estimated value:

$375,000

4,136 sqft 2.21 AC lot

7702 State Rd 356

COMMERCIAL (GENERAL)

7702 State Rd 356, Otwell, IN 47564-8863

Estimated value:

$270,000

5,892 sqft 0.94 AC lot

7702 State Rd 356

COMMERCIAL (GENERAL)

7702 State Rd 356, Otwell, IN 47564-8863

Estimated value:

$260,000

2.51 AC lot

1665 State Rd 257

MEDICAL BUILDING

1665 State Rd 257, Otwell, IN 47564-5425

Estimated value:

$270,000

2,907 sqft 1.10 AC lot

2055 State Rd 257

OFFICE (GENERAL)

2055 State Rd 257, Otwell, IN 47564-5461

Estimated value:

$425,000

2,233 sqft 0.34 AC lot

Ee State Rd 56th At N State Rd 257

PARKING LOT

Ee State Rd 56th At N State Rd 257, Otwell, IN 47564

Estimated value:

$275,000

2,220 sqft 0.88 AC lot

2141 State Rd 257

COMMERCIAL (GENERAL)

2141 State Rd 257, Otwell, IN 47564-5414

Estimated value:

$265,000

7,440 sqft 0.81 AC lot

State Rd 257

VACANT COMMERCIAL LAND

State Rd 257, Otwell, IN 47564

Estimated value:

$230,000

0.31 AC lot

1011 State Rd 257

OFFICE BUILDING

1011 State Rd 257, Otwell, IN 47564-5418

Estimated value:

$285,000

1,080 sqft 3.57 AC lot

State Rd 257

VACANT COMMERCIAL LAND

State Rd 257, Otwell, IN 47564

Estimated value:

$185,000

2,750 sqft 0.09 AC lot

2348 State Rd 257

AUTO REPAIR, GARAGE

2348 State Rd 257, Otwell, IN 47564-8710

Estimated value:

$255,000

3,708 sqft 0.20 AC lot

2234 State Rd 257

THEATER (MOVIE)

2234 State Rd 257, Otwell, IN 47564

Estimated value:

$325,000

3,524 sqft 0.25 AC lot

State Rd 257

PARKING LOT

State Rd 257, Otwell, IN 47564

Estimated value:

$280,000

546 sqft 0.09 AC lot

State Rd 257

VACANT COMMERCIAL LAND

State Rd 257, Otwell, IN 47564

Estimated value:

$160,000

1,408 sqft 0.37 AC lot

2171 State Rd 257

RETAIL STORES (PERSONAL SERVICES)

2171 State Rd 257, Otwell, IN 47564-8789

Estimated value:

$270,000

1,920 sqft 0.21 AC lot

Otwell, IN Commercial Real Estate Market Trends and Statistics

Explore 70 commercial real estate for sale in Otwell, IN on our real estate platform. These investment opportunities span a total of 42,079 square feet of properties for sale, with an estimated market value of $390,000.

Sale prices for business properties in Otwell, IN average $390,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 1,500

Population Growth (5Y) +26.5%

Median Household Income $59,125

College Educated 13.5%

Taxes & Financing

Tax Rate (average for all types) 2.58%

Property Tax per SF $55.74 per SF

Tax Rate vs County Average 0.24 pp above county avg

Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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