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Flex Space with Office and Shop
For Sale
$214,900

1985 S Old US 41, Vincennes, IN 47591

COMMERCIAL, Vincennes, IN

Property SizeContact for details
Lot Size0.70 Acres
Days on Market25

Property Features for 1985 S Old US 41

General Information

Property type Commercial Sale
Property subtype Other
Directions From Willow, turn onto S Old US 41, property will be on the right.
Subdivision Knox County
Standard status Active
APN 42-12-33-302-001.000-023
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Clauss SD Lot 1
Tax Annual Amount 2781
Legal Description Clauss SD Lot 1

Utilities

Cooling system Central Air

Building Details

Year built 1957
Flooring type Concrete, Tile - Ceramic
Roof type Metal
Listing Agency: F.C. TUCKER EMGE
Listed By: Robin Montgomery · License #RB14018611
Added: Aug 12 Changed: Sep 3 Last Checked: Sep 5 at 11:06AM
MLS# 202632792

Copyright © 2026 Southwest Indiana Association 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 flex property at 1985 S Old US 41 combines shop, warehouse, and office areas within one commercial building. The layout supports a range of business operations requiring work, storage, and administrative space, while the site includes room for expansion. Concrete and ceramic tile flooring are present, with central air conditioning serving the building. A metal roof and 1957 construction date further define the existing improvements.

The property sits in Vincennes, Indiana, in Knox County, with a 0.7-acre site. Its established commercial setting and combination of functional areas provide a straightforward option for an owner or operator seeking integrated shop, warehouse, and office space.

Key Highlights

  • Flex property with shop, warehouse, and office areas
  • 0.7‑acre site with room for expansion
  • Located at 1985 S Old US 41 in Vincennes, IN 47591

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Auto Parts Store Furniture & Home Goods Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

100
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47591, IN

24,984
Population
11,874
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
166.5 sq mi
ZIP Area
150
Density / Sq Mi
$57,862
Median Household Income
$37,295
Median Earnings
$794
Median Rent
$140,800
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Combined work, storage, and office areas occupy a site with room for expansion.
Where is this flex space located?
The property is located at 1985 S Old US 41 Vincennes, IN.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Flex property with shop, warehouse, and office areas; 0.7‑acre site with room for expansion; Located at 1985 S Old US 41 in Vincennes, IN 47591
More about this property
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