Building Details

Year Built 1971

Buildings 1

Listing Agency: FC Tucker Co., Inc

Listed By: Daimon Buck · License #RB17002190 Show Phone

Source: Crexi

Added: Apr 12 Changed: Aug 31 Last Checked: Aug 31 at 9:47PM

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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 FC Tucker Co., Inc

Investment Insights

Based on property information with market context.

This vacant former bank building offers a flexible commercial layout with limited fixed walls, allowing the interior to be reconfigured for a range of uses identified in the listing, including office, salon, bakery, restaurant, or banking operations. The property includes an iconic vault, security deposit boxes, a drive-through teller window at the rear, and a drive-up ATM under contract with Horizon Bank.

Built in 1971, the building has received mold remediation and includes a new gas furnace. Fresh concrete serves the rear teller area. Parking is available in front of the building, with an additional rear lot that is open for expansion. The property is located downtown on SR29/US421 in Burlington, Indiana.

Key Highlights

• Vacant former bank building with flexible interior and limited fixed walls
• 1971 construction with an iconic vault and security deposit boxes
• Drive‑up ATM under contract with Horizon Bank

Property Analytics

Current Use

Horizon Bank Bank Katie's Joyful Memories ... Photography Service

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Garden Center Grocery & Convenience Store (Bike/Boat/Book/etc) Store Building Supply

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

71

Businesses Nearby

4k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

4,218 visits/mo 0.1 miles

Demographics for 46915, IN

617

Population

328

Households

1.9

Avg Household Size

44

Median Age

21%

College-Educated

93%

High-School Grad

2.5 sq mi

ZIP Area

247

Density / Sq Mi

$59,583

Median Household Income

$50,938

Median Earnings

$846

Median Rent

$139,100

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

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Frequently Asked Questions

What type of property is this?

Bank - Flexible interior includes a vault, security deposit boxes, and a rear drive-through teller window.

Where is this bank located?

The property is located at 401 S Michigan St Burlington, IN.

What are key features of this property?

This property features: Vacant former bank building with flexible interior and limited fixed walls; 1971 construction with an iconic vault and security deposit boxes; Drive‑up ATM under contract with Horizon Bank