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Storefront with Postal Tenant
For Sale
$80,000

10372 E Us Highway 40, Charlottesville, IN 46117

A postal tenancy occupies part of the building, while the balance is available for renovation.

Property Size1,148 SF
Price / SF$69.69
Days on Market281

Property Features for 10372 E Us Highway 40

General Information

Standard status Active
Size 1,148 SF
Property subtype Commercial
Zoning Com Community

Amenities

off-street parking

Building Details

Building Size 1,148 SF
Year Built 1920
Stories 1
Listing Agency: Batts Real Estate Group
Listed By: Lisa Batts
Source: Battsrealestategroup
Added: Jan 16 Changed: Oct 22 Last Checked: Oct 23 at 10:14PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Batts Real Estate Group

Rey
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Investment Insights

Based on property information with market context.

This 1,148-square-foot storefront was built in 1920 and includes 574 square feet leased to the U.S. Post Office through November 2028. The rest of the building is available for renovation and potential rental use. Rear off-street parking serves the property, which is zoned Com Community.

The property is located at 10372 E US Highway 40 in Charlottesville, Indiana.

Key Highlights

  • 574 square feet leased to the U.S. Post Office through November 2028
  • 1,148‑square‑foot storefront built in 1920
  • Remaining building area available for renovation and potential rental use

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

United States Postal ... Post Office

Suggested Use

Top Pick HVAC Service Building Supply Garden Center Big Box & Wholesale Store Pet Store & Service Law Firm

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

20
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46117, IN

689
Population
262
Households
2.6
Avg Household Size
44
Median Age
27%
College-Educated
88%
High-School Grad
10.9 sq mi
ZIP Area
63
Density / Sq Mi
$57,750
Median Household Income
$47,045
Median Earnings
$229,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Storefront property - A postal tenancy occupies part of the building, while the balance is available for renovation.
Where is this storefront property located?
The property is located at 10372 E Us Highway 40 Charlottesville, IN.
What is the asking price?
The asking price for this property is $80,000.
What are key features of this property?
This property features: 574 square feet leased to the U.S. Post Office through November 2028; 1,148‑square‑foot storefront built in 1920; Remaining building area available for renovation and potential rental use
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