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Single-Level School Building
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425 W Main St, Peru, IN 46970

Former educational facility with classrooms, offices, an auditorium, kitchen, storage, and multiple restrooms.

Property Size33,278 SF
Lot Size0.47 Acres
Days on Market4

Property Features for 425 W Main St

General Information

Standard status Active
Size 33,278 SF
Total Parking Spaces 44
Lot size 0.47 Acres

Additional Details

Road Access Yes
Parking Facility Type surface lot
Listing Agency: Carriger Oldfather Realty, Inc
Listed By: Ethan Manning · License #38970
Source: Exprealty
Added: Oct 31 Changed: Nov 1 Last Checked: Nov 3 at 10:49AM

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 Carriger Oldfather Realty, Inc

Rey
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Investment Insights

Based on property information with market context.

The 33,278-square-foot former educational facility occupies 1.88 acres at 425 W Main St in Peru. Its single-level layout includes classrooms, offices, a kitchen, storage, multiple restrooms, and an auditorium or large gathering area. The heating system was recently updated, and the building has also received recent repairs and improvements.

A separate paved parking parcel is available at 366 W. Third Street. The approximately 0.47-acre site has 44 marked spaces and access from W. 3rd Street and the alley. The building and parking parcel may be considered separately or together.

Key Highlights

  • 33,278‑square‑foot former educational facility on 1.88 acres
  • Single‑level layout with classrooms, offices, kitchen, storage, multiple restrooms, and an auditorium or large gathering space
  • Recently updated heating system

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Peru Outreach Office College Ivy Tech-Peru Campus Community College

Suggested Use

Top Pick Electrical Service Furniture & Home Goods Daycare Center Garden Center Kitchen & Bath Showroom (Bike/Boat/Book/etc) 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.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

234
Businesses Nearby

Demographics for 46970, IN

23,317
Population
10,177
Households
2.3
Avg Household Size
41
Median Age
16%
College-Educated
88%
High-School Grad
179.9 sq mi
ZIP Area
130
Density / Sq Mi
$56,722
Median Household Income
$34,895
Median Earnings
$822
Median Rent
$111,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
School - Former educational facility with classrooms, offices, an auditorium, kitchen, storage, and multiple restrooms.
Where is this school located?
The property is located at 425 W Main St Peru, IN.
What are key features of this property?
This property features: 33,278‑square‑foot former educational facility on 1.88 acres; Single‑level layout with classrooms, offices, kitchen, storage, multiple restrooms, and an auditorium or large gathering space; Recently updated heating system
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