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4492 Us Highway 421 Versailles, IN 47042

For Sale
$155,000

Versatile building, 1.82 acres, high potential.

Description

Added:
Feb 3, 2025
Days on Market:
309
This exceptional 1.82-acre property, located at 4492 S US Highway 421 in Versailles, Indiana, presents a remarkable business opportunity. The clean and well-maintained building, previously used as a bulk food store, offers immense versatility. Its strategic location between the historic towns of Madison and Versailles ensures high visibility and accessibility. The building itself features a mini-kitchen with a hand-washing station and a three-basin sink, along with a half-bath, office space, and ample storage. A full basement provides even more storage and includes a shower. The property also boasts a substantial 34x48 garage, offering additional storage capacity. This garage is equipped with a 100-amp electric breaker box and features both an 8x16 overhead door and a 10x16 barn-style door. Adding to the property's charm is an old hitching post situated in front of the garage. The property extends across both sides of 450 S. While the total acreage is 1.8230 acres, the usable acreage is approximately 1.37 acres due to existing roadways. The property is zoned as Local Business, allowing for a wide range of potential uses, including retail, wholesale, restaurant, office space, or even conversion into a multi-family dwelling. This property offers a unique blend of functionality, location, and potential, making it an ideal investment for discerning entrepreneurs.

Property Features for 4492 Us Highway 421

General Information

Property type
Investment properties
Lot Size
79,279 SF

Building Details

Year Built
1954

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Investment properties

Suggested Use

Law Firm Building Supply Wholesale Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Versailles
County
Ripley
State
Indiana
Longitude
-85.28728
Latitude
39.00854

FAQs

What type of property is this?
Investment property - Versatile building, 1.82 acres, high potential.
Where is this investment property located?
The property is located at 4492 Us Highway 421 Versailles, IN.
What is the asking price?
The asking price for this property is $155,000.
More about this property
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