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Storefront Property with Existing Lease
For Sale
$80,000

10372 E US Highway 40, Charlottesville, IN 46117

COMMERCIAL, Charlottesville, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market229

Property Features for 10372 E US Highway 40

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Directions GPS Friendly
Subdivision Hancock County
Standard status Active
APN 30-08-35-303-021.000-011
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Orig Cville Ed L39
Tax Annual Amount 349
Legal Description Orig Cville Ed L39

Utilities

Cooling system Central Air

Building Details

Year built 1920
Flooring type Concrete, Mixed
Roof type Shingle
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Kayla Walker
Added: Jan 16 Changed: Sep 2 Last Checked: Sep 2 at 11:06PM
MLS# 202601724

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront property includes 574 square feet leased to the U.S. Post Office, while the balance of the building is available for renovation. Existing improvements include central air, concrete and mixed flooring, and a shingle roof. The building dates to 1920.

Located on US Highway 40 in Charlottesville, the property occupies a 0.1-acre lot with off-street parking behind the building. The occupied space is secured by a lease running through November 2028. Remaining interior area provides additional space for renovation or future rental use, as supported by the existing layout and condition.

Key Highlights

  • 574 square feet leased to the U.S. Post Office
  • Lease secured through November 2028
  • 0.1‑acre lot with off‑street parking at the rear

Property Analytics

Current Use

United States Postal ... Post Office

Suggested Use

Top Pick HVAC Service Building Supply Garden Center Big Box & Wholesale Store Pet Store & Service Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46117, IN

689
Population
262
Households
2.6
Avg Household Size
44
Median Age
27%
College-Educated
88%
High-School Grad
10.9 sq mi
ZIP Area
63
Density / Sq Mi
$57,750
Median Household Income
$47,045
Median Earnings
$229,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - A portion is occupied by the U.S. Post Office, with additional area available for renovation.
Where is this storefront property located?
The property is located at 10372 E US Highway 40 Charlottesville, IN.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: 574 square feet leased to the U.S. Post Office; Lease secured through November 2028; 0.1‑acre lot with off‑street parking at the rear
More about this property
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