Retail Building with On-Site
For Sale
Contact for pricing
22924 S U.S Hwy 31, Underwood, IN 47177
Commercial building with additional home set on a .66-acre corner lot in B-3 zoning for multiple uses.
Property SizeContact for details
Days on Market122
Property Features for 22924 S U.S Hwy 31
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Baker commercial real estate
Listed By:
Kimberly Baker CCIM SIOR · License #IN 14024278
Source:
Crexi
Added: Apr 10
Changed: Aug 8
Last Checked: Jul 22 at 12:39AM
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 Baker commercial real estate
Investment Insights
Based on property information with market context.
This offering includes a 6,480 sf commercial building along with an additional 832 sf home on a .66-acre lot. The property sits on a corner location and is presented as a combined commercial and residential asset.
The building is located on the SE corner of U.S. Highway 31 and County Line Road in Underwood, Indiana. B-3 zoning allows for multiple commercial uses, and the property is described as well suited to that zoning framework.
With both commercial space and a separate home on-site, the configuration may fit buyers seeking a single property that accommodates more than one on-site function under B-3 zoning.
The building is located on the SE corner of U.S. Highway 31 and County Line Road in Underwood, Indiana. B-3 zoning allows for multiple commercial uses, and the property is described as well suited to that zoning framework.
With both commercial space and a separate home on-site, the configuration may fit buyers seeking a single property that accommodates more than one on-site function under B-3 zoning.
Key Highlights
- 6,480 SF commercial building plus an additional 832 SF home on a 0.66‑acre corner lot
- Located on the SE corner of Highway 31 and County Line Road in Underwood
- B‑3 zoning allows for multiple commercial uses and this property is suited for such uses
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 47177, IN
1,462
Population
701
Households
2.1
Avg Household Size
43
Median Age
27%
College-Educated
89%
High-School Grad
23.9 sq mi
ZIP Area
61
Density / Sq Mi
$75,993
Median Household Income
$58,819
Median Earnings
$950
Median Rent
$177,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial building with additional home set on a .66-acre corner lot in B-3 zoning for multiple uses.
Where is this retail space located?
The property is located at 22924 S U.S Hwy 31 Underwood, IN.
What are key features of this property?
This property features: 6,480 SF commercial building plus an additional 832 SF home on a 0.66‑acre corner lot; Located on the SE corner of Highway 31 and County Line Road in Underwood; B‑3 zoning allows for multiple commercial uses and this property is suited for such uses
