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Mixed-Use Building with Pole Barn
For Sale
$268,000

2287 N US Highway 31, Austin, IN 47102

SINGLE_FAMILY - Austin, IN

Property Size3,024 SF
Lot Size1.03 Acres
Price / SF$88.62
Days on Market85

Property Features for 2287 N US Highway 31

General Information

Property type Residential
Property subtype Retail
Zoning Split--Ag & General Busin
Security features Security System
Elementary school Austin Elementary School
Middle school Austin Middle School
High school Austin High School
Elementary school district Scott County School District 1
Middle school district Scott County School District 1
High school district Scott County School District 1
Directions GPS Friendly
Subdivision 7201 - Scott - Jennings
Standard status Active
APN 720506700049001002
Lot size 1.03 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description NW1/4 SEQR 6-3-7 1.03A WATERSHED
Legal Description NW1/4 SEQR 6-3-7 1.03A WATERSHED

Utilities

Heating system Forced Air, Electric (Heating)
Cooling system Central Air

Building Details

Year built 1970
Floors in Building 1
Roof type Shingle
Listing Agency: Kovener & Associates Real Esta
Listed By: Casey Elkins · License #RB14051597
Added: May 20 Changed: Aug 10 Last Checked: Aug 12 at 2:06AM
MLS# 22102668

Copyright © 2026 MIBOR Service Corporation. 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 mixed-use property combines commercial space with a centrally located residential component containing two bedrooms and one bathroom. The living quarters are currently tenant-occupied, providing an existing residential use within the building. The property also includes a 30x40x12 pole barn with concrete flooring, electric service, a loft, and a 12x40 lean-to. Materials and a lumber rack are included among the items available for negotiation.

The 1.03-acre site fronts N US Highway 31 in Austin, Indiana, providing direct highway exposure. Zoning is split between agricultural and general business designations. The building was constructed in 1970 and has forced-air and electric heating, central air conditioning, and a shingle roof. The combination of commercial space, living quarters, highway frontage, and accessory storage supports a live-work configuration or owner-occupied commercial use.

Key Highlights

  • 1.03‑acre site with frontage on N US Highway 31
  • Mixed‑use building includes 2‑bedroom, 1‑bath living quarters
  • 30x40x12 pole barn with concrete floors, electric, loft, and 12x40 lean‑to

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Auto Repair Shop Furniture & Home Goods Hair Salon Nail Salon Spa & Massage Center

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

9
Businesses Nearby

Demographics for 47102, IN

6,884
Population
3,245
Households
2.1
Avg Household Size
40
Median Age
10%
College-Educated
85%
High-School Grad
42.1 sq mi
ZIP Area
164
Density / Sq Mi
$47,617
Median Household Income
$30,728
Median Earnings
$713
Median Rent
$121,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Highway-fronting property combines commercial space with tenant-occupied living quarters and an adaptable outbuilding.
Where is this mixed-use property located?
The property is located at 2287 N US Highway 31 Austin, IN.
What is the asking price?
The asking price for this property is $268,000.
What are key features of this property?
This property features: 1.03‑acre site with frontage on N US Highway 31; Mixed‑use building includes 2‑bedroom, 1‑bath living quarters; 30x40x12 pole barn with concrete floors, electric, loft, and 12x40 lean‑to
More about this property
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