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Nursing Home Building
For Sale
$299,000

1817 S Park Avenue, Alexandria, IN 46001

Commercial Sale, Alexandria, IN

Property Size29,115 SF
Lot Size4.48 Acres
Price / SF$10.27
Days on Market71

Property Features for 1817 S Park Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning B-2
Elementary school Alexandria Monroe Elementary School
Middle school Alexandria-Monroe Jr./Sr. High School
Elementary school district Alexandria Community School Corp
Middle school district Alexandria Community School Corp
High school district Alexandria Community School Corp
Directions GPS Friendly
Subdivision 4805 - Madison - Monroe
Standard status Active
APN 480630200031000022
Lot size 4.48 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Pt W2 Nw 4.4780Acres Str: 30218 Section: Plat: 00 In: Out:
Legal Description Pt W2 Nw 4.4780Acres Str: 30218 Section: Plat: 00 In: Out:

Building Details

Year built 1971
Floors in Building 1
Listing Agency: RE/MAX Real Estate Solutions · RE/MAX International
Listed By: Sonya Pickett · License #RB14045648
Added: Jun 28 Changed: Sep 1 Last Checked: Sep 6 at 8:06AM
MLS# 22110227

Copyright © 2026 Broker Listing Cooperative®. 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 29,115-square-foot building was constructed in 1971 as a convalescent nursing home. The facility has remained vacant for several years and is offered in its existing condition, providing a substantial existing structure for evaluation by healthcare or other permitted commercial users.

The property occupies 4.48 acres at 1817 S Park Avenue in Alexandria, Indiana, with frontage along State Road 9 North. B-2 zoning applies to the site. The building and land are being offered together, with the property’s existing improvements conveyed as-is.

Key Highlights

  • 29,115 Sq Ft building
  • 4.48‑acre property
  • Former convalescent nursing home

Property Analytics

Current Use

Nursing homes

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Nail Salon Pharmacy Auto Repair Shop

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
Paved road access

Location Intelligence

Trade Area within ½ mile

105
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46001, IN

10,676
Population
5,065
Households
2.1
Avg Household Size
43
Median Age
21%
College-Educated
91%
High-School Grad
77.2 sq mi
ZIP Area
138
Density / Sq Mi
$66,379
Median Household Income
$42,283
Median Earnings
$875
Median Rent
$136,500
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Nursing home - Former convalescent care facility with B-2 zoning, offered vacant and in its existing condition.
Where is this nursing home located?
The property is located at 1817 S Park Avenue Alexandria, IN.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 29,115 Sq Ft building; 4.48‑acre property; Former convalescent nursing home
More about this property
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