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Flex Space with Shop and Offices
New
For Sale
$214,900

1985 S Old US 41, Vincennes, IN 47591

COMMERCIAL - Vincennes, IN

Property SizeContact for details
Lot Size0.70 Acres
Days on Market6

Property Features for 1985 S Old US 41

General Information

Property type Commercial Sale
Property subtype Other
Directions From Willow, turn onto S Old US 41, property will be on the right.
Subdivision Knox County
Standard status Active
APN 42-12-33-302-001.000-023
Lot size 0.70 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Clauss SD Lot 1
Tax Annual Amount 2781
Legal Description Clauss SD Lot 1

Utilities

Cooling system Central Air

Building Details

Year built 1957
Flooring type Tile - Ceramic, Concrete
Roof type Metal
Listing Agency: F.C. TUCKER EMGE
Listed By: Robin Montgomery · License #RB14018611
Added: Aug 12 Last Checked: Aug 17 at 3:06PM
MLS# 202632792

Copyright © 2026 Southwest Indiana Association of Realtors. 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.

Located at 1985 S Old US 41 in Vincennes, this flex property brings together shop, warehouse, and office areas in a single commercial building. The configuration supports a mix of operational and administrative functions within the same facility.

The property occupies 0.7 acres and was built in 1957. Interior finishes include ceramic tile and concrete flooring, while central air provides cooling. A metal roof completes the building improvements.

Key Highlights

  • Shop, warehouse, and office areas in one building
  • 0.7‑acre property at 1985 S Old US 41, Vincennes, IN 47591
  • Built in 1957

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Pharmacy Auto Parts Store Furniture & Home Goods Grocery & Convenience 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

105
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47591, IN

24,984
Population
11,874
Households
2.1
Avg Household Size
39
Median Age
20%
College-Educated
90%
High-School Grad
166.5 sq mi
ZIP Area
150
Density / Sq Mi
$57,862
Median Household Income
$37,295
Median Earnings
$794
Median Rent
$140,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - The property combines work, storage, and administrative areas under one roof.
Where is this flex space located?
The property is located at 1985 S Old US 41 Vincennes, IN.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: Shop, warehouse, and office areas in one building; 0.7‑acre property at 1985 S Old US 41, Vincennes, IN 47591; Built in 1957
More about this property
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