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    324-326 N Indiana Ave Sellersburg, IN 47172

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    For Lease
    $1,500,000

    Finished and unfinished retail space on a high-traffic road.

    Property size:
    6,350 SF
    Lot size:
    0.84 Acres

    Property Features for 324-326 N Indiana Ave

    General Information

    Size
    6,350 SF
    Lot size
    0.84 Acres

    Source: Baker Commercial Real Estate Agent Jim Baker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Finished Retail Space on Highway

    The property features 6,350 square feet of finished space, currently occupied by a physical therapist. The layout includes a reception area, an administrative office, a large exercise/treatment room, and seven private offices, four of which are treatment rooms. It also contains a file room, a laundry room, a storage room, and a conference room. The space is equipped with four restrooms, four HVAC systems, and two mechanical rooms. Access is provided by five front exterior doors and two rear exterior doors. Additionally, there are 2,150 square feet of unfinished space located between a dental office and the existing physical therapy area. The building is situated on a highly visible and heavily traveled road, Highway 31, which runs through downtown Sellersburg and is east of I-65 at Exit 7.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Sellersburg
    County
    Clark
    State
    Indiana
    Longitude
    -85.7542
    Latitude
    38.40071

    Nearby Similar for Lease

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    FAQs

    What type of property is this?
    Retail space - Finished and unfinished retail space on a high-traffic road.
    Where is this retail space located?
    The property is located at 324-326 N Indiana Ave Sellersburg, IN.
    What are key features of this property?
    This property features: - High visibility location on heavily traveled Hwy 31 in downtown Sellersburg, east of I-65/Exit 7.; - Substantial finished space (6,350 sf) suitable for medical or professional use.; - Existing layout includes reception, offices, large exercise/treatment room, conference room, and multiple restrooms.
    (502) 523-6444
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    324-326 N Indiana Ave Sellersburg, IN 47172
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    324-326 N Indiana Ave Sellersburg, IN 47172
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