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Flex Space With Adjacent Home
For Sale
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1040 Third Ave, Jasper, IN 47546

Commercial facility includes a shop, storefront, office, separate residence, and additional vacant land.

Property Size4,500 SF
Days on Market144

Property Features for 1040 Third Ave

General Information

Standard status Active
Size 4,500 SF
Property subtype Industrial, Business for Sale

Additional Details

Business Included Yes

Building Details

Buildings 2
Building Size 4,500 SF
Listing Agency: NextHome Wilson Real Estate Services
Listed By: Stephannie Wilson · License #RB14039714
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 29 at 2:08PM

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 NextHome Wilson Real Estate Services

Investment Insights

Based on property information with market context.

The offering includes a commercial building of approximately 4,500 square feet with a shop, storefront, and small office. An adjacent home provides approximately 2,300 square feet plus a basement; it was previously used as a rental and is currently vacant. Approximately ⅓ acre of vacant land lies behind the commercial building. The sale also includes the operating tool sales and service business, inventory, machines, a forklift, and two vehicles. The seller may consider separate sales of the business and real property.

Located at 1040 Third Ave in Jasper, Indiana, the property is approximately 66 miles from Evansville, 70 miles from Louisville, and 124 miles from Indianapolis. The business was established in 1996 and serves individuals, manufacturers, and other businesses in a region supported by industrial manufacturing and production.

Key Highlights

  • Approximately 4,500 sq. ft. commercial building with shop, storefront, and small office
  • Adjacent home offers approximately 2,300 sq. ft. plus a basement; currently vacant
  • Approximately ⅓ acre of vacant land behind the commercial building

Property Analytics

Current Use

Industrial Tools Sales ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Restaurant Auto Repair Shop Law Firm Building Supply Big Box & Wholesale 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

197
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47546, IN

22,445
Population
10,080
Households
2.2
Avg Household Size
41
Median Age
26%
College-Educated
92%
High-School Grad
121.6 sq mi
ZIP Area
185
Density / Sq Mi
$67,806
Median Household Income
$41,824
Median Earnings
$767
Median Rent
$232,300
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Schnitzelbank 393 Third Ave, Jasper, IN 47546

Frequently Asked Questions

What type of property is this?
Flex space - Commercial facility includes a shop, storefront, office, separate residence, and additional vacant land.
Where is this flex space located?
The property is located at 1040 Third Ave Jasper, IN.
What are key features of this property?
This property features: Approximately 4,500 sq. ft. commercial building with shop, storefront, and small office; Adjacent home offers approximately 2,300 sq. ft. plus a basement; currently vacant; Approximately ⅓ acre of vacant land behind the commercial building
(502) 643-3062 Call to check price and availability
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