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Versatile Facility Near Riverfront Development
For Sale
Contact for pricing
Pending

125 East Montgomery Avenue, Clarksville, IN 47129

48,000 SF facility near Clarksville Cove & Colgate Park.

Property Size47,626 SF
Lot Size0.90 Acres
Days on Market100

Property Features for 125 East Montgomery Avenue

General Information

Standard status Pending
Size 47,626 SF
Total Parking Spaces 85
Lot size 0.90 Acres
Property subtype Office, Industrial, Senior Living
Zoning B1

Building Details

Year Built 1960
Units 85
Listing Agency: Cornerstone Group
Listed By: Krista Yockey · License #RB23001237
Source: Crexi
Added: May 22 Changed: Aug 16 Last Checked: Aug 15 at 11:51PM

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 Cornerstone Group

Investment Insights

Based on property information with market context.

This ~48,000 SF facility is located near the river in Clarksville, IN, directly across the street from Clarksville Cove Aquatic Center & Colgate Park, and a short distance behind the newly announced "Clockworks" Development of the former Colgate plant. The building sits on 0.9 acres and includes 6 parcels with 85 parking spots and an outdoor pavilion. The facility houses a full gym, 3 sanctuaries, 3 kitchens, a laundry room, 10 executive offices upstairs, and 8 downstairs, 8 large classrooms, 6 - 20x20 ft rooms previously used as a daycare, and 27 toilets. There are 9 exterior entrances. The building is 2 stories, both with walkout access, making it easily capable to split between 2 tenants or more. The 6,106 SF athletic hall has potential to be converted into a warehouse with a new roll up door. Ceiling height in this area is 22.5 ft high at the center ridge and 18.5 ft at the eaves. The largest sanctuary seats 300 with a 14.5 ft ceiling. The seller is looking to relocate.

Key Highlights

  • Large ~48,000 SF facility on .9 acres with diverse spaces.
  • Prime location across from Clarksville Cove Aquatic Center & Colgate Park, near 'Clockworks' Development.
  • 6,106 SF athletic hall with 22.5 ft ceiling height, potential for warehouse conversion.**

Property Analytics

Current Use

Churches & religious facilities

Suggested Use

Top Pick Kitchen & Bath Showroom HVAC Service (Bike/Boat/Book/etc) Store Storage Facility Grocery & Convenience Store Carpet & Flooring 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.

Location Intelligence

Trade Area within ½ mile

1,059
Businesses Nearby

Demographics for 47129, IN

19,739
Population
9,382
Households
2.1
Avg Household Size
39
Median Age
17%
College-Educated
83%
High-School Grad
9.6 sq mi
ZIP Area
2,056
Density / Sq Mi
$55,447
Median Household Income
$36,592
Median Earnings
$1,027
Median Rent
$162,600
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
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Frequently Asked Questions

What type of property is this?
Church & religious facility - 48,000 SF facility near Clarksville Cove & Colgate Park.
Where is this church & religious facility located?
The property is located at 125 East Montgomery Avenue Clarksville, IN.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Large ~48,000 SF facility on .9 acres with diverse spaces.; Prime location across from Clarksville Cove Aquatic Center & Colgate Park, near 'Clockworks' Development.; 6,106 SF athletic hall with 22.5 ft ceiling height, potential for warehouse conversion.**
More about this property
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