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Flex Space Building with Loading Docks
For Lease
$14,500/Mo

111 Aiken Street, Hope, IN 47246

COMMERCIAL - Hope, IN

Space Size18,400 SF
Lot Size1.30 Acres
Days on Market274

Property Features for 111 Aiken Street

General Information

Property type Commercial Lease
Property subtype Other
Zoning C
Elementary school Hope Elementary School
High school Hauser Jr-Sr High School
Elementary school district Flat Rock-Hawcreek School Corp
Middle school district Flat Rock-Hawcreek School Corp
High school district Flat Rock-Hawcreek School Corp
Directions GPS Friendly
Subdivision 304 - Bartholomew - Haw Creek
Standard status Active
APN 030721230007300014
Lot size 1.30 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Blk A - Robbins, Scott & Aikins Add Town Of Hope (I/59) Also S/2 Rr R/W Adjoining - Recorded Survey Inst #2012/594
Legal Description Blk A - Robbins, Scott & Aikins Add Town Of Hope (I/59) Also S/2 Rr R/W Adjoining - Recorded Survey Inst #2012/594

Utilities

Utilities Cable Available

Building Details

Year built 1977
Listing Agency: Keller Williams Indy Metro S · Keller Williams Realty
Listed By: Morgan Mathauer · License #RB23000355
Added: Nov 5, 2025 Changed: Aug 4 Last Checked: Aug 6 at 12:06AM
MLS# 22066589

Copyright © 2026 MIBOR Service Corporation. 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.

111 Aiken Street is a versatile flex space building offering approximately 18,400 square feet of adaptable interior layout for retail, office, service businesses, warehousing, or light industrial uses. Constructed in 1977, the property has been recently updated with brand-new interior and exterior lighting and fresh paint throughout.

The building is equipped for loading and receiving, with 2 loading dock doors and 2 overhead drive-in doors. Power is available via 3-phase service at the street, supported by cable availability. Ample on-site parking is available for tenants, staff, and customers.

The property is located in Hope, Indiana, with proximity to major transportation routes including U.S. Route 31 and Interstate 65, supporting regional connectivity.

Key Highlights

  • Approximately 18,400 square feet of flexible space for retail, office, service, warehousing, or light industrial uses
  • Built in 1977 with recently updated interior and exterior lighting and fresh paint
  • 2 loading dock doors plus 2 overhead drive‑in doors for shipping and receiving

Property Analytics

Current Use

Studebaker International Auto Parts Store Paden Engineering Co Engineer

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office Plumbing Service Building Supply Nail Salon

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

2
Dock-high doors
2
Drive-in doors
Yes
Heavy power
Yes
Highway access
NNN (Triple Net)
Lease Type
$1.42 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47246, IN

4,343
Population
1,462
Households
3
Avg Household Size
39
Median Age
19%
College-Educated
88%
High-School Grad
58.1 sq mi
ZIP Area
75
Density / Sq Mi
$88,106
Median Household Income
$36,739
Median Earnings
$1,088
Median Rent
$165,300
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Flex space - Flex space building with 3-phase power, ample parking, and two dock doors plus two drive-in doors for loading efficiency.
Where is this flex space located?
The property is located at 111 Aiken Street Hope, IN.
What is the lease rate?
The lease rate is $14,500/Mo.
What are key features of this property?
This property features: Approximately 18,400 square feet of flexible space for retail, office, service, warehousing, or light industrial uses; Built in 1977 with recently updated interior and exterior lighting and fresh paint; 2 loading dock doors plus 2 overhead drive‑in doors for shipping and receiving
More about this property
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