Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    216 Maple Ave Terre Haute, IN 47804

    For Sale
    $1,995,000

    Retail/Service - Terre Haute, IN

    Lot size:
    1.44 Acres
    Days on Market:
    313
    Last Refresh:
    Dec 5 at 6:06 pm

    Property Features for 216 Maple Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    c-2
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3
    Bathrooms
    3
    Interior features
    Fixtures, Restroom(s), 220 Volts, Rec. Facility, Handicap Access, Handicap Restroom
    Accessibility
    Accessible Approach with Ramp
    Lot size
    1.44 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    Other

    Remax Real Estate Associates (812) 235-4433 [email protected]

    Listing agent CHARLIE GOODWIN (812) 235-4433 License #RB14039681

    Listing date Jan 27, 2025

    MLS# 105137 Listing URL

    Copyright © 2025 Terre Haute Area 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.

    Overview

    Versatile Retail/Service Property, Terre Haute

    This 1.44-acre property in Terre Haute presents a development opportunity at a busy intersection. The site includes a recently renovated 5,000-square-foot multipurpose building, currently operating as an event center, featuring a dining room with a fully functional kitchen, a dance floor and bar area, two dressing rooms, and a game room. The building also includes rear warehouse space with varying wall heights of 14 feet in one section and 10 feet in another. Additionally, there is a 1,377-square-foot secondary building, previously a wedding chapel and now used for storage, that is ready for repurposing. The property's location offers high visibility and traffic flow, making it suitable for commercial development, retail space, or continued use as an event venue.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.4031295
    Latitude
    39.4920814

    Nearby Similar for Sale

    • $440,000
      0.40 Acres

      Turnkey Restaurant and Bar Opportunity

      Fully equipped restaurant/bar with apartments in prime location.
      1367 Wabash Ave, Terre Haute, IN 47807
      View Details
    • $325,000
      0.82 Acres

      Freestanding Commercial Building on Lafayette

      Freestanding commercial building with high visibility and move-in readiness.
      2160 Lafayette Ave, Terre Haute, IN 47805
      View Details
    • $899,000
      0.74 Acres

      Terre Haute Retail/Service Property

      11,462 SF steel building on 0.74 acres for sale.
      2509 S 1St St, Terre Haute, IN 47802
      View Details
    • $199,000
      1.48 Acres

      Skating Rink with C2 Zoning

      Skating rink with hardwood floor, lounge, kitchen, and ample parking.
      4600 N Smith St, Terre Haute, IN 47805
      View Details
    • $5,250,000
      5.00 Acres

      Retail/Service Property on US 41

      19,000 SF building on 5 acres, high traffic location.
      4120 S Us Highway 41, Terre Haute, IN 47802
      View Details
    • $4,000,000
      4.00 Acres

      Retail/Service Property in Terre Haute

      Former auto dealership on 4 acres with high traffic.
      4120 S Us Highway 41, Terre Haute, IN 47802
      View Details

    FAQs

    What type of property is this?
    Storefront property - High-traffic location ideal for commercial development or event venue.
    Where is this storefront property located?
    The property is located at 216 Maple Ave Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: - Prime location at one of Terre Haute's busiest intersections, offering high visibility and traffic flow.; - 1.44 acres across five lots, providing a substantial development opportunity.; - 5,000 sq. ft. renovated multipurpose building currently operating as an event center with dining room, kitchen, dance floor, bar, dressing rooms, and game room.
    (812) 235-4433
    Request Owner's contact information
    216 Maple Ave Terre Haute, IN 47804
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    216 Maple Ave
    Terre Haute, IN 47804
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    216 Maple Ave Terre Haute, IN 47804
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.