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Storefront Building with Post Office Tenant
For Sale
$80,000

10372 E US Highway 40, Charlottesville, IN 46117

COMMERCIAL - Charlottesville, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market229

Property Features for 10372 E US Highway 40

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Directions GPS Friendly
Subdivision Hancock County
Standard status Active
APN 30-08-35-303-021.000-011
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description Orig Cville Ed L39
Tax Annual Amount 349
Legal Description Orig Cville Ed L39

Utilities

Cooling system Central Air

Amenities

off street parking

Building Details

Year built 1920
Flooring type Concrete, Mixed
Roof type Shingle
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Kayla Walker
Added: Jan 16 Changed: Aug 4 Last Checked: Sep 2 at 8:06AM
MLS# 202601724

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. 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.

Storefront building built in 1920 featuring concrete and mixed flooring, central air cooling, and a shingle roof. The property includes a portion currently leased to the U.S. Post Office, with 574 sq. ft. leased under a term secured through November 2028. Additional space remains available and could be renovated to create added rental space.

Set on a generous lot with off-street parking in the back, the building offers visibility on US Highway 40 and convenient access to the surrounding area.

The combination of an in-place tenant portion and available space for renovation supports flexible planning for an owner looking to manage both current occupancy and future interior improvements.

Key Highlights

  • 574 sq. ft. leased to the U.S. Post Office with lease secured through November 2028
  • Visibility on US Highway 40 with convenient access to the surrounding area
  • Off‑street parking in the back on a 0.1‑acre lot

Property 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.

Lease Details

Yes
Highway access
Yes
Paved road access

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

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?
Storefront property - Storefront building on US Highway 40 with a portion leased to the U.S. Post Office through November 2028.
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 sq. ft. leased to the U.S. Post Office with lease secured through November 2028; Visibility on US Highway 40 with convenient access to the surrounding area; Off‑street parking in the back on a 0.1‑acre lot
More about this property
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