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Flex Space with Showroom
For Sale
$699,000

5015 S US Hwy 41, Terre Haute, IN 47802

COMMERCIAL/INDUSTRIAL, Terre Haute, IN

Property SizeContact for details
Lot Size1.29 Acres
Days on Market774

Property Features for 5015 S US Hwy 41

General Information

Property type Residential
Property subtype Retail
Zoning Comm
Security features Security System
Interior features Security System, Carpeting, Display Window, Restroom(s), 3 Phase, Inside Storage
Subdivision Vigo County
Standard status Active
APN 84-09-09-476-017.000-004
Lot size 1.29 Acres

Utilities

Heating system Natural Gas
Cooling system Central Air

Building Details

Floors in Building 2
Additional Structures Storage
Listing Agency: Berkshire Hathaway HomeServices Newlin-Miller REALTORS(R) · Prudential Real Estate
Listed By: Mandy K Baesler · License #RB15001108
Added: Aug 1, 2024 Changed: Sep 3 Last Checked: Sep 13 at 5:06AM
MLS# 104159

Copyright © 2026 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.

Investment Insights

Based on property information with market context.

This 1.29-acre commercial property at 5015 S US Hwy 41 combines several functional components within one business-oriented layout. The west portion provides a showroom with display windows, while the east side includes office space, a prominent entrance, and a reception area. A rear warehouse adds storage and logistics capacity with a loading dock, and the partial upper level provides pallet rack storage, a separate office, and a break room.

The property benefits from exposure to southbound traffic along US Hwy 41. Interior features include a security system, carpeting, restrooms, inside storage, 3-phase service, natural gas heating, and central air conditioning. Zoning is listed as Comm, supporting the property's commercial and industrial positioning.

Key Highlights

  • 1.29‑acre property at 5015 S US Hwy 41, Terre Haute, IN 47802
  • Showroom on the west side with display windows
  • East‑side offices include a large entry and reception sitting area

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Electrical Service HVAC Service Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Dock-high doors
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

522
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47802, IN

34,229
Population
14,682
Households
2.3
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
158.8 sq mi
ZIP Area
216
Density / Sq Mi
$58,880
Median Household Income
$36,457
Median Earnings
$865
Median Rent
$165,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Flex space - Versatile commercial property combining customer-facing display space, offices, warehouse functions, and staff amenities.
Where is this flex space located?
The property is located at 5015 S US Hwy 41 Terre Haute, IN.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1.29‑acre property at 5015 S US Hwy 41, Terre Haute, IN 47802; Showroom on the west side with display windows; East‑side offices include a large entry and reception sitting area
More about this property
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