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Mixed-Use Property with Retail Space
For Sale
$925,000

848 W Johnson Drive, Terre Haute, IN 47802

COMMERCIAL/INDUSTRIAL, Terre Haute, IN

Property Size15,431 SF
Lot Size2.00 Acres
Price / SF$59.94
Days on Market38

Property Features for 848 W Johnson Drive

General Information

Property type Residential
Property subtype Retail
Zoning C-2
Interior features Carpeting, Restroom(s), Inventory, Rec. Facility, Inside Storage, Living Space, Handicap Access, Handicap Restroom
Accessibility Accessible Approach with Ramp
Subdivision Vigo County
Standard status Active
APN 84-09-05-400-021.000-004
Lot size 2.00 Acres

Utilities

Heating system Electric (Heating)
Cooling system Central Air

Building Details

Floors in Building 1
Additional Structures Storage
Listing Agency: Berkshire Hathaway HomeServices Newlin-Miller REALTORS(R) · Prudential Real Estate
Listed By: Andrew Southard · License #RB16001137
Added: Aug 7 Changed: Sep 3 Last Checked: Sep 13 at 9:06AM
MLS# 110143

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 C-2 mixed-use property occupies a metal-frame retail building constructed in 2005 on 2 acres. The layout includes approximately 9,100 SF used by an established Lazer Tag entertainment business, along with a leased Paw Spa, an owner-occupied insurance office, an additional vacant commercial suite, and miscellaneous storage. Residential space consists of a 1-bedroom, 2-bath unit.

Interior features include carpeting, restrooms, inventory and recreational facilities, living space, and storage. The building also offers handicap access, a handicap restroom, an accessible approach with ramp, central air, and electric heating. Its configuration brings together operating business space, leased commercial occupancy, residential accommodations, and available suite space at 848 W Johnson Drive in Terre Haute, Indiana.

Key Highlights

  • 2‑acre C‑2 mixed‑use commercial property
  • Metal‑frame retail building constructed in 2005
  • Approximately 9,100 SF utilized by the Lazer Tag operation

Property Analytics

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Current Use

Modesitt-Illiana Insurance Insurance Agency

Suggested Use

Top Pick Locksmith Garden Center Parking Lot & Garage Bakery Carpet & Flooring Store (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

158
Businesses Nearby
23k
Monthly Visits Nearby

Foot Traffic Nearby

Leisure 100%
AMC CLASSIC Terre Haute 12 Leisure
23,107 visits/mo 0.5 miles

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
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - C-2 commercial property combines entertainment, office, residential, and additional commercial spaces within one building.
Where is this mixed-use property located?
The property is located at 848 W Johnson Drive Terre Haute, IN.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 2‑acre C‑2 mixed‑use commercial property; Metal‑frame retail building constructed in 2005; Approximately 9,100 SF utilized by the Lazer Tag operation
More about this property
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