Flex Building with Two
For Sale
$729,000
124 North 2nd Street, Terre Haute, IN 47807
Two-unit block building includes six garage bays and a retail showroom connected to warehouse storage with garage door access.
Property Size27,225 SF
Price / SF$26.78
Days on Market424
Property Features for 124 North 2nd Street
General Information
Standard status
Active
Size
27,225 SF
Property subtype
Commercial / Mixed Use
Taxes and HOA fees
Annual Taxes
$2,865
Amenities
Central Air
1
No
Concrete
Conventional
Slab
Yes
Block
Rubber
Building Details
Year Built
1946
Buildings
1
Listing Agency:
FC Tucker/Bloomington REALTORS
(812) 336-7300
Listed By:
Chris Cockerham · License #RB14027897
(812) 336-7300
Source:
Compass
Added: Jun 11, 2025
Changed: Aug 8
Last Checked: Jul 22 at 9:29AM
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/Bloomington REALTORS
Investment Insights
Based on property information with market context.
This versatile block building is divided into two distinct units. Unit 1 features six garage bays designed to support automotive, storage, light industrial, or creative workspace use. Unit 2 combines a flexible retail space with an open showroom layout, along with a connected warehouse/storage area that includes convenient garage door access.
The property is located just a few blocks from Indiana State University, placing it in an area that supports both commercial use and owner-user flexibility. Its configuration allows for multiple uses or tenants within the same building.
As a block construction, multi-bay and multi-area setup, the asset can be operated as-is for continued commercial use or considered for redevelopment, depending on an owner’s goals.
The property is located just a few blocks from Indiana State University, placing it in an area that supports both commercial use and owner-user flexibility. Its configuration allows for multiple uses or tenants within the same building.
As a block construction, multi-bay and multi-area setup, the asset can be operated as-is for continued commercial use or considered for redevelopment, depending on an owner’s goals.
Key Highlights
- Two‑unit block building with six garage bays plus retail showroom and connected warehouse/storage space
- Unit 1 includes six garage bays suited for automotive, storage, light industrial, or creative workspace uses
- Unit 2 features an open retail showroom layout and a connected warehouse/storage area with garage door access
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,219
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47807, IN
12,063
Population
6,805
Households
1.8
Avg Household Size
29
Median Age
13%
College-Educated
82%
High-School Grad
3.8 sq mi
ZIP Area
3,174
Density / Sq Mi
$24,389
Median Household Income
$15,611
Median Earnings
$910
Median Rent
$58,400
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
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Frequently Asked Questions
What type of property is this?
Flex space - Two-unit block building includes six garage bays and a retail showroom connected to warehouse storage with garage door access.
Where is this flex space located?
The property is located at 124 North 2nd Street Terre Haute, IN.
What is the asking price?
The asking price for this property is $729,000.
What are key features of this property?
This property features: Two‑unit block building with six garage bays plus retail showroom and connected warehouse/storage space; Unit 1 includes six garage bays suited for automotive, storage, light industrial, or creative workspace uses; Unit 2 features an open retail showroom layout and a connected warehouse/storage area with garage door access
