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    111 Aiken St Hope, IN 47246

    For Lease
    $14,500 /Mo ($9 SF/Yr)

    Warehouse - Hope, IN

    Type:Single Family Residence
    Property size:
    18,400 SF
    Lot size:
    1.30 Acres
    Days on Market:
    31
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 111 Aiken St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Single Family Residence
    Standard status
    Active
    Zoning
    C
    APN
    030721230007300014
    Size
    18,400 SF
    Lot size
    1.30 Acres

    Building Details

    Year built
    1977
    Architectural style
    Other

    Keller Williams Indy South (317) 882-5900 [email protected]

    Listing agent Morgan Mathauer (317) 882-5900 License #RB23000355

    Listing date Nov 6, 2025

    MLS# 22066589 Listing URL

    Copyright © 2025 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Commercial Property in Hope

    Located in Hope, Indiana, 111 Aiken Street is a commercial property featuring approximately 18,400 square feet. The flexible layout is suitable for retail, office, service businesses, warehousing, or light industrial operations. Constructed in 1977, the property has been recently updated with new interior and exterior lighting, as well as fresh paint throughout. The property is equipped with 2 loading dock doors and 2 overhead drive-in doors, facilitating efficient shipping and receiving. 3-phase power is available at the street. Ample on-site parking is available for tenants, staff, and customers. The property is zoned commercial, making it suitable for a wide range of uses. The property benefits from its proximity to major transportation routes, including U.S. Route 31 and Interstate 65, providing easy access to surrounding communities and Columbus and Seymour.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Studebaker International Auto Parts Store Paden Engineering Co Engineer

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Whitt's Self Storage

    Location Insight

    • Map
    • Local Demand
    City
    Hope
    County
    Bartholomew
    State
    Indiana
    Longitude
    -85.757656
    Latitude
    39.299499

    FAQs

    What type of property is this?
    Warehouse - 18,400 sq ft commercial space suitable for various businesses.
    Where is this warehouse located?
    The property is located at 111 Aiken St Hope, IN.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Large, versatile 18,400 sq ft commercial space suitable for retail, office, warehousing, or light industrial operations.; - Excellent loading access with **2 loading dock doors and 2 overhead drive-in doors**.; - Convenient location in Hope, Indiana, with easy access to U.S. Route 31 and Interstate 65, near Columbus and Seymour.
    (317) 882-5900
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    Hope, IN 47246
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    111 Aiken St Hope, IN 47246
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