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Retail Space with Showroom Area
For Lease
$17,400/Mo

402 S US Hwy 27, Fountain City, IN 47341

COMMERCIAL FOR LEASE, Fountain City, IN

Space SizeContact for details
Lot Size1.30 Acres
Days on Market10

Property Features for 402 S US Hwy 27

General Information

Property type Residential
Property subtype Retail
Lot features City
Directions East on IN-32. South on IN-27. Property is on West side of highway.
Subdivision Wayne County
Standard status Active
APN 89-07-01-310-601.000-023
Lot size 1.30 Acres

Taxes and HOA fees

Tax Year 0
Tax Description PT FRAC SEC 1-17-14 0.721A & 0.576A
Legal Description PT FRAC SEC 1-17-14 0.721A & 0.576A

Utilities

Cooling system Wall Unit(s)

Amenities

bathroom
storage room
office or workroom

Building Details

Year built 1967
Flooring type Laminate
Listing Agency: Tarter Realty Auction and Appraisal Company
Listed By: Paul Faddis
Added: Oct 19 Last Checked: Oct 28 at 9:06AM
MLS# 202643237

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This retail space includes a 38' x 20' main area, a separate 15' x 12' open area, a bathroom, storage, and an office or workroom. Laminate flooring and wall-unit cooling are installed; the building dates to 1967. The layout is identified for retail, showroom, service, or other business use.

The property is on US Hwy 27 in a building that also contains a Marathon gas station. Fountain Acre Foods is south of the site, while Pizza King and the Levi and Catharine Coffin House are to the north. Richmond’s Chester Boulevard and I-70 corridor are less than 10 minutes away. Ivy Tech, Reid Hospital, restaurants, and other area amenities are also cited nearby.

Key Highlights

  • 38' x 20' retail or showroom area
  • Separate 15' x 12' open area
  • Includes bathroom, storage room, and office or workroom

Property Analytics

Who owns this building? See the owner, sales and loan history
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Current Use

Marathon Gas Gas Station Elevate Beauty Barn ... Dental Office Athena Bitcoin ATM Crypto Atm Elevate Beauty Barn Alternative Medicine Practice hero petroleum Grocery & Convenience Store

Suggested Use

Top Pick Plumbing Service Grocery & Convenience Store Kitchen & Bath Showroom Nail Salon Daycare Center Auto Repair Shop

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

56
Businesses Nearby
8k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 72% Dining 28%
Marathon Petroleum Shops & Services
5,896 visits/mo 0.1 miles
Pizza King Dining
2,278 visits/mo 0.2 miles

Demographics for 47341, IN

2,191
Population
1,000
Households
2.2
Avg Household Size
39
Median Age
31%
College-Educated
83%
High-School Grad
33.7 sq mi
ZIP Area
65
Density / Sq Mi
$82,361
Median Household Income
$55,466
Median Earnings
$671
Median Rent
$159,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - A separate office, storage room, bathroom, and open area support the primary retail space.
Where is this retail space located?
The property is located at 402 S US Hwy 27 Fountain City, IN.
What is the lease rate?
The lease rate is $17,400/Mo.
What are key features of this property?
This property features: 38' x 20' retail or showroom area; Separate 15' x 12' open area; Includes bathroom, storage room, and office or workroom
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