Mitchell, IN Industrial Properties for Sale

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Updated: Jun 16

Industrial Property with NNN Lease

240 South Meridian Road, Mitchell, IN 47446

Contact for pricing

78,361 sqft 7.53 AC lot

Freestanding industrial facility built in 1980 on an estimated 7.53‑acre parcel
Approximately 78,000 rentable SF of building space
20‑year Triple Net (NNN) lease with commencement upon close of escrow
Current annual rent is $560,625 with 2.00% scheduled annual increases

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Updated: Nov 15, 2025

Corner Lot Retail and Flex Building

2465 Old Highway 60 West, Mitchell, IN 47446

$249,000

22,521 sqft 0.50 AC lot

Income‑producing two‑building commercial property on a half‑acre corner lot at the intersection of Hwy 37 and Hwy 60 in Mitchell, IN
Main retail building totals 2,820 SF and includes about 725 SF of finished office space, plus an updated metal roof
Includes an attached three‑car garage on the main retail building for storage or additional workspace
Second building is a 36’ x 48’ post‑frame metal structure for workspace, storage, or business operations
Tenant‑occupied buildings provide immediate rental income; both buildings are currently occupied

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Flex Office Warehouse with Loading Docks

25 Boone Lane, Mitchell, IN 47446

Contact for pricing

Heated, air-conditioned office buildout plus large garage/work areas with three loading docks and eight garage bay doors.

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Based on your search, we've compiled 79 Potential Opportunities for your consideration. Besides 3 Active listings in Mitchell, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

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

Pole Barn Workshop with Hydraulic Lift

616 7th Street lot: 9, Bedford, IN 47421

$99,000

0.23 AC lot

Pole barn with a vehicle hydraulic lift on a city-lot setting with city utilities, sold as-is.

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Flex Space with Overhead Garage Door

2134 Washington Avenue, Bedford, IN 47421

$175,000

0.25 AC lot

Adaptable flex space with office-ready layout, private restroom, and tall garage door plus ample on-site parking.

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Historic Salem Warehouse Opportunity

301 W Mulberry, Salem, IN 47167

$199,900

10,000 sqft

Over 10,000 sq ft building with diverse potential uses.

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Manufacturing Business with Real Estate

1302 E Hackberry Street, Salem, IN 47167

$639,000

Second generation manufacturing business with real estate for sale.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Bloomington Commercial Land For Sale

72 N Oard Road, Bloomington, IN 47404

$350,000

1.57 AC lot

1.57 acre commercial land parcel in Bloomington, Indiana.

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Light Industrial Development Land

2185 W Industrial Park Drive, Bloomington, IN 47404

$595,000

3.30 AC lot

3.3-acre light industrial site with utility access, mostly cleared acreage, and about 300 feet of road frontage.

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Light Industrial/Commercial Land

3260 W Woodyard Rd, Bloomington, IN 47404

$1,400,000

28.76 AC lot

Light industrial or commercial land with utilities accessible and subdividing considered near major regional routes.

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Industrial-Residential Development Land

4441 Reas Lane, New Albany, IN 47150

$2,500,000

97.38 AC lot

97.38-acre development site near the New Albany Industrial Park with close access to I-265 via Grantline Road.

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Off-Market Properties in Mitchell, IN

Consider similar Off-Market properties in Mitchell, 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.

MINI-WAREHOUSE, STORAGE

3173 Fleenor Rd, Mitchell, IN 47446

Value Estimation by Request

1,920 sqft 2.01 AC lot

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INDUSTRIAL (GENERAL)

410 8th St, Mitchell, IN 47446-1723

Value Estimation by Request

1,800 sqft 0.63 AC lot

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MANUFACTURING (LIGHT)

240 Meridian Rd, Mitchell, IN 47446-8015

$1,265,000

Estimated value

78,361 sqft 7.10 AC lot

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HEAVY INDUSTRIAL

575 Teke Burton Dr, Mitchell, IN 47446-5393

Value Estimation by Request

17,404 sqft 4.82 AC lot

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MANUFACTURING (LIGHT)

1100 Teke Burton Dr, Mitchell, IN 47446-5398

$1,175,000

Estimated value

32,714 sqft 16.51 AC lot

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INDUSTRIAL (GENERAL)

3032 Poplar St, Mitchell, IN 47446-8025

Value Estimation by Request

1,200 sqft 9.29 AC lot

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MINI-WAREHOUSE, STORAGE

690 State Rd 37, Mitchell, IN 47446

$745,000

Estimated value

3,000 sqft 6.10 AC lot

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HEAVY INDUSTRIAL

1955 State Rd 37, Mitchell, IN 47446-6012

$1,235,000

Estimated value

14,860 sqft 5.88 AC lot

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Industrial properties

3030&3032 Poplar St, Mitchell, IN 47446

Value Estimation by Request

9.91 AC lot

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INDUSTRIAL (GENERAL)

Yockey Rd, Mitchell, IN 47446

Value Estimation by Request

0.51 AC lot

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INDUSTRIAL (GENERAL)

12998 Us Hwy 50, Mitchell, IN 47446

Value Estimation by Request

2.00 AC lot

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STORAGE YARD, OPEN STORAGE

12998 Us Hwy 50, Mitchell, IN 47446

Value Estimation by Request

6,000 sqft 3.00 AC lot

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HEAVY INDUSTRIAL

190 Tv Tower Rd, Mitchell, IN 47446-5405

Value Estimation by Request

337 sqft 3.64 AC lot

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STORAGE YARD, OPEN STORAGE

363 Tv Tower Rd, Mitchell, IN 47446-5407

Value Estimation by Request

5,280 sqft 0.80 AC lot

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INDUSTRIAL (GENERAL)

501 Teke Burton Dr, Mitchell, IN 47446

Value Estimation by Request

6,572 sqft 0.66 AC lot

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STORAGE YARD, OPEN STORAGE

571 Teke Burton Dr, Mitchell, IN 47446-5393

Value Estimation by Request

5,529 sqft 1.49 AC lot

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MINI-WAREHOUSE, STORAGE

8800 State Rd 60th W, Mitchell, IN 47446-7547

$1,035,000

Estimated value

9,000 sqft 3.09 AC lot

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TRUCK TERMINAL (MOTOR FREIGHT)

3020 State Rd 60th W, Mitchell, IN 47446-7556

Value Estimation by Request

11,834 sqft 99.12 AC lot

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TRUCK TERMINAL (MOTOR FREIGHT)

State Rd 37, Mitchell, IN 47446

Value Estimation by Request

6,480 sqft 3.10 AC lot

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WAREHOUSE, STORAGE

2563 State Rd 37, Mitchell, IN 47446-6015

Value Estimation by Request

2,919 sqft 1.50 AC lot

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STORAGE YARD, OPEN STORAGE

3158 State Rd 37, Mitchell, IN 47446-1607

$760,000

Estimated value

3,730 sqft 2.23 AC lot

View details

Mitchell, IN Industrial Properties Market Trends and Statistics

Explore 71 industrial properties for sale in Mitchell, IN, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 100,882 square feet of properties for sale, with an estimated market value of $249,000.

Sale prices for industrial buildings in Mitchell, IN average $249,000 — 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 9,259

Population Growth (5Y) -12.4%

Median Household Income $53,182

College Educated 28.0%

High-Yield Neighborhoods for Investment

Identify Mitchell submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
47446	$3.9M

Taxes & Financing

Tax Rate (average for all types) 1.75%

Property Tax per SF $41.11 per SF

Tax Rate vs County Average 0.65 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lawrence County

New Delisted

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Mitchell, IN Industrial Properties for Sale

240 South Meridian Road, Mitchell, IN 47446

2465 Old Highway 60 West, Mitchell, IN 47446

25 Boone Lane, Mitchell, IN 47446

Opportunities in Nearby Cities

616 7th Street lot: 9, Bedford, IN 47421

2134 Washington Avenue, Bedford, IN 47421

301 W Mulberry, Salem, IN 47167

1302 E Hackberry Street, Salem, IN 47167

Potential Development Sites for Consideration

72 N Oard Road, Bloomington, IN 47404

2185 W Industrial Park Drive, Bloomington, IN 47404

3260 W Woodyard Rd, Bloomington, IN 47404

4441 Reas Lane, New Albany, IN 47150

Off-Market Properties in Mitchell, IN

3173 Fleenor Rd, Mitchell, IN 47446

410 8th St, Mitchell, IN 47446-1723

240 Meridian Rd, Mitchell, IN 47446-8015

575 Teke Burton Dr, Mitchell, IN 47446-5393

1100 Teke Burton Dr, Mitchell, IN 47446-5398

3032 Poplar St, Mitchell, IN 47446-8025

690 State Rd 37, Mitchell, IN 47446

1955 State Rd 37, Mitchell, IN 47446-6012

3030&3032 Poplar St, Mitchell, IN 47446

Yockey Rd, Mitchell, IN 47446

12998 Us Hwy 50, Mitchell, IN 47446

12998 Us Hwy 50, Mitchell, IN 47446

190 Tv Tower Rd, Mitchell, IN 47446-5405

363 Tv Tower Rd, Mitchell, IN 47446-5407

501 Teke Burton Dr, Mitchell, IN 47446

571 Teke Burton Dr, Mitchell, IN 47446-5393

8800 State Rd 60th W, Mitchell, IN 47446-7547

3020 State Rd 60th W, Mitchell, IN 47446-7556

State Rd 37, Mitchell, IN 47446

2563 State Rd 37, Mitchell, IN 47446-6015

3158 State Rd 37, Mitchell, IN 47446-1607

Mitchell, IN Industrial Properties Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

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