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    2509 S 1St St Terre Haute, IN 47802

    For Sale
    $899,000

    Retail/Service - Terre Haute, IN

    Lot size:
    0.74 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 2509 S 1St St

    General Information

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

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Architectural style
    Other

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

    Listing agent JOHN MULLICAN (812) 235-4433 License #RB14045223

    Listing date Oct 30, 2025

    MLS# 107544 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

    Terre Haute Retail/Service Property

    This commercial property features an 11,462 square foot steel building constructed in 2011. The building, situated on a 0.74-acre lot, has an 18-foot ceiling height and an additional 1387 sq. ft. upper level. It is zoned C-2 and has 368 feet of road frontage. The property includes city water, sewer, gas, and electric utilities. The building is heated and cooled and contains two bathrooms and a 10-foot overhead door. There are 50 paved and lighted parking spaces available. The property is located close to I-70 and US 41.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Bouncin Barn Children'S Amusement Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.416778
    Latitude
    39.439726

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    FAQs

    What type of property is this?
    Retail space - 11,462 SF steel building on 0.74 acres for sale.
    Where is this retail space located?
    The property is located at 2509 S 1St St Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Premier commercial property featuring an 11,462 sq ft steel building, constructed in 2011.; - Zoned C-2 with 368’ of road frontage and access to essential city utilities (water, sewer, gas, electric).; - Conveniently located near I-70 and US 41.
    (812) 235-4433
    Request Owner's contact information
    2509 S 1St St Terre Haute, IN 47802
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    Terre Haute, IN 47802
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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
    2509 S 1St St Terre Haute, IN 47802
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