Versatile Commercial Property on 4.7
1632 S State Road 101 Dillsboro, IN 47018
1632 S State Road 101, Dillsboro, IN, 47018
$425,000
For Sale
$425,000
MULTI_FAMILY - Dillsboro, IN
Property Size2,400 SF
Lot Size4.72 Acres
Price / SF$177.08
Days on Market414
Property Features for 1632 S State Road 101
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Standard status
- Active
- APN
- 69-15-18-300-012.000-021
- Size
- 2,400 SF
- Lot size
- 4.72 Acres
Building Details
- Year built
- 1945
Listing Agency
Lohmiller Real Estate
(812) 537-1023
523 W Eads Parkway, Lawrenceburg, IN
Listed by
Andrew Lohmiller · License #217844
(812) 584-6880
Added: May 30, 2025 Checked: Jul 17 at 2:06 pm
MLS# 205155
Copyright © 2026 Southeastern Indiana Board of Realtors. 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 4.7-acre property is located in a high-visibility area at the intersection of US 50 and SR 101, with a daily traffic count of 9,722. The site's highest and best use is redevelopment for commercial purposes, such as a large gas station and convenience store. Currently, the property features multiple income sources with three buildings. Building 1 includes two units in excellent condition, with a 1,287 sq ft residential apartment on the first floor and a professional office on the second floor. Building 2 is a 2,400 sq ft multi-purpose single-story building suitable for retail, office, or warehouse use, though it requires some work. Building 3 is a 784 sq ft structure divided into 10 mini self-storage units, each with exterior access. All units on the property are currently vacant, allowing for flexible setup by the new owner. Note that the septic system needs replacement, and 0.28 acres adjacent to the US 50 / SR 101 intersection is owned by the State of Indiana and will not be conveyed.
Key Highlights
- Great Location on Major Hwy
- Rustic and Ready
- Various types of businesses will fit
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - High-visibility Dillsboro property with redevelopment potential and multiple income streams.
Where is this mixed-use property located?
The property is located at 1632 S State Road 101 Dillsboro, IN.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Great Location on Major Hwy; Rustic and Ready; Various types of businesses will fit
