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    4883 E State Road 46 Nashville, IN 47448

    For Sale
    $274,900

    Mixed Use - Nashville, IN

    Type:Mixed Use
    Lot size:
    0.62 Acres
    Days on Market:
    37
    Last Refresh:
    Dec 7 at 6:06 pm

    Property Features for 4883 E State Road 46

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Kitchen, Office
    Bathrooms
    2
    APN
    07-07-26-200-196.010-004
    Interior features
    Drywall, Metal, Wood, Display Room, Public Restrooms, Ventilating/Exhaust Fans
    Exterior features
    Display Room, Public Restrooms, Ventilating/Exhaust Fans
    Lot size
    0.62 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air

    Building Details

    Year built
    1900
    Floors in Building
    1
    Flooring type
    Other
    Roof type
    Metal
    Architectural style
    Other

    Bear Real Estate Sales (812) 327-3865

    Listing agent Penny Scroggins (812) 327-3865 License #RB17000300

    Listing date Nov 1, 2025

    MLS# 202517521 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

    Unique Mixed-Use Property in Nashville

    This unique mixed-use property, formerly the Gnaw Bone Sorghum Mill, has been remodeled and updated. The 2,750 square foot building includes an office space, a commercial kitchen area, a showroom, three bathrooms, and storage rooms. A new HVAC system and electrical panel were installed in 2023. Zoned General Business, the property allows for a variety of business uses, including retail, office, warehouse, or tourist rental. The property is located in Gnaw Bone along heavily traveled State Road 46 East and has convenient parking for customers. The lot size is 0.618 acres.
    Location Intelligence

    Current Use by Public Records

    Showrooms

    Suggested Use

    Restaurant Realty agency Auto Repair Shop Hotel & Motel Auto Parts Store Department Store Kitchen & Bath Bar & Pub Storage Facility Discount Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Nashville
    County
    Brown
    State
    Indiana
    Longitude
    -86.157299
    Latitude
    39.190328

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    FAQs

    What type of property is this?
    Mixed-use property - Remodeled mixed-use property with commercial kitchen and showroom in Nashville.
    Where is this mixed-use property located?
    The property is located at 4883 E State Road 46 Nashville, IN.
    What is the asking price?
    The asking price for this property is $274,900.
    What are key features of this property?
    This property features: - High-traffic location on State Road 46 East in Gnaw Bone.; - Zoned General Business, allowing for diverse business uses (retail, office, warehouse, tourist rental).; - Remodeled and updated in 2023 with new HVAC and electrical panel.
    (812) 327-3865
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    Nashville, IN 47448
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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
    4883 E State Road 46 Nashville, IN 47448
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