Listing Agency: Keller Williams-Morrison Show Phone

Listed By: Stacey Baird · License #RB17001559 Show Phone

Source: Exprealty

Added: Jun 18 Changed: Aug 24 Last Checked: Aug 23 at 10:54AM

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Investment Insights

Based on property information with market context.

This flex space building offers an open-concept interior with hand-crafted wood stairs connecting the main level and the open upstairs area. The property also includes a partial basement, providing additional usable space depending on the tenant or operator’s needs. A loading dock at the rear supports deliveries and equipment handling, and the layout is described as having potential to be split into two units.

The building is located at 32 South Center Street in Flora, Indiana. The information provided does not specify storefront frontage, ceiling heights, utilities, or other site details, but the rear loading dock and dock-ready configuration are key functional elements for day-to-day operations.

For buyers seeking flexible commercial space, this property’s open upstairs and partial basement can support a range of uses that benefit from adaptable layouts, with a rear loading dock for practical receiving. The stated ability to split the building into two units may appeal to an owner-occupant or an operator looking to accommodate multiple tenants, subject to any required approvals and build-out considerations.

Key Highlights

• 10,000 SF building with open‑concept layout
• Multi‑level space includes full open upstairs and partial basement
• Rear loading dock for convenient deliveries

Property Analytics

Property Profile

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Spa & Massage Center Auto Parts Store Grocery & Convenience Store HVAC Service Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Dock-high doors

Location Intelligence

Trade Area within ½ mile

206

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 46929, IN

3,210

Population

1,429

Households

2.2

Avg Household Size

40

Median Age

16%

College-Educated

89%

High-School Grad

48.6 sq mi

ZIP Area

66

Density / Sq Mi

$61,667

Median Household Income

$37,807

Median Earnings

$781

Median Rent

$170,500

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

Questions? Ask Rey

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What type of property is this? Where is this flex space located? What is the asking price? Find similar properties ... What are key features of this property?

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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?

Flex space - Open-concept flex building with rear loading dock and multi-level space that could be configured into two units.

Where is this flex space located?

The property is located at 32 S Center St Flora, IN.

What is the asking price?

The asking price for this property is $179,000.

What are key features of this property?

This property features: 10,000 SF building with open‑concept layout; Multi‑level space includes full open upstairs and partial basement; Rear loading dock for convenient deliveries