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    207-209 N Sale St Ellettsville, IN 47429

    For Sale
    $364,900

    Retail - Ellettsville, IN

    Type:Retail
    Lot size:
    0.06 Acres
    Days on Market:
    25
    Last Refresh:
    Dec 7 at 4:06 am

    Property Features for 207-209 N Sale St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2
    Bathrooms
    2
    APN
    53-04-10-202-028.000-013
    Interior features
    Drywall, None
    Exterior features
    None
    Lot size
    0.06 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1928
    Floors in Building
    1
    Flooring type
    Carpet
    Building materials
    Other
    Roof type
    Rubber
    Architectural style
    Other

    Century 21 Scheetz (317) 844-5111

    Listing agent Craig Dohman (812) 336-2100 License #RB17001882

    Listing date Nov 13, 2025

    MLS# 202545822 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

    Ellettsville Retail/Office Investment Opportunity

    This commercial building, situated in downtown Ellettsville, presents an opportunity for retail, office, or investment use. The property, zoned C-3, offers flexibility for various business types. The building has 2,580± sq ft and includes two parcels that could be divided into two separate units. The building was renovated in 2011, with updates to the plumbing, electrical systems, flooring, and walls. The current layout allows for single-user occupancy of the entire building or division into two suites with minimal modification. One unit could be 1,320± sq ft, and the other could be 1,260± sq ft. Two existing exterior entrances along Sale Street facilitate leasing one side while operating a business in the other, or renting both for investment potential. The property benefits from visibility and accessibility, with free public parking available along the street, across the street, and behind the building. The property is located in Monroe County. The lot size is approximately 0.06 acres.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Ellettsville
    County
    Monroe
    State
    Indiana
    Longitude
    -86.624002
    Latitude
    39.234623

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    FAQs

    What type of property is this?
    Retail space - Rare commercial building in downtown Ellettsville, perfect for retail/office.
    Where is this retail space located?
    The property is located at 207-209 N Sale St Ellettsville, IN.
    What is the asking price?
    The asking price for this property is $364,900.
    What are key features of this property?
    This property features: - Prime downtown Ellettsville location with excellent visibility and accessibility.; - Flexible C-3 zoning suitable for retail, office, or investment purposes.; - Move-in ready condition after a complete renovation in 2011 (plumbing, electrical, flooring, walls).
    (812) 336-2100
    Request Owner's contact information
    207-209 N Sale St Ellettsville, IN 47429
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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
    207-209 N Sale St Ellettsville, IN 47429
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