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    124 N 2Nd St Terre Haute, IN 47807

    For Sale
    $729,000

    Mixed Use, Vacant - Terre Haute, IN

    Type:Mixed Use
    Lot size:
    0.63 Acres
    Days on Market:
    52
    Last Refresh:
    Dec 6 at 7:06 am

    Property Features for 124 N 2Nd St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    84-06-21-408-005.000-002
    Parking features
    Off Street
    Interior features
    Block, Overhead Door 1, Overhead Door 2
    Exterior features
    Overhead Door 1, Overhead Door 2
    Lot size
    0.63 Acres

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    1946
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Block
    Roof type
    Rubber
    Architectural style
    Other

    FC Tucker/Bloomington REALTORS (812) 336-7300 [email protected]

    Listing agent Chris Cockerham (812) 336-7300 License #RB14027897

    Listing date Oct 16, 2025

    MLS# 202541949 Listing URL

    Copyright © 2025 Indiana Uplands Realtor® Association. 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 Mixed-Use Building Near ISU

    Located a few blocks from Indiana State University in Terre Haute, this block building presents an investment or owner-user opportunity. The property is divided into two units. Unit 1 features six garage bays suitable for automotive, storage, light industrial, or creative workspace uses. Unit 2 offers a flexible retail space with an open showroom layout, plus a connected warehouse/storage area with garage door access. Situated in a strategic location near downtown and campus foot traffic, this property is suited for redevelopment or continued commercial use. The lot size is 0.625 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Circle Distributing-XL Parts Auto Parts Store Taylor Service Center ... Auto Repair Shop

    Suggested Use

    Restaurant Realty agency Spa & Massage Building Supply Dental Office Law Firm Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.415729
    Latitude
    39.46824

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building near Indiana State University with redevelopment potential.
    Where is this mixed-use property located?
    The property is located at 124 N 2Nd St Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $729,000.
    What are key features of this property?
    This property features: - Prime location near Indiana State University and downtown Terre Haute, benefiting from high foot traffic.; - Versatile block building suitable for investment, owner-user, redevelopment, or continued commercial use.; - Two distinct units offer flexibility for multiple tenants or uses.
    (812) 336-7300
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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
    124 N 2Nd St Terre Haute, IN 47807
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