Building Details

Tenancy Multi

Listing Agency: Ideal REALTORS

Listed By: Steven Kreigh Show Phone

Source: Exprealty

Added: Oct 22 Changed: Oct 25 Last Checked: Oct 25 at 2:54AM

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Investment Insights

Based on property information with market context.

This strip center contains four rental spaces within a 5,040-square-foot building. The property encompasses 2.9 acres, including 1 acre of developed land and a vacant remainder.

The site has 552 feet of frontage on Highway 27 and a depth of 230 feet.

Key Highlights

• Four rental spaces in a 5,040‑square‑foot strip center
• 2.9‑acre parcel with 1 acre developed and the balance vacant
• 552 feet of frontage on Highway 27; site depth is 230 feet

Property Analytics

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Current Use

Strip malls

Suggested Use

Top Pick Building Supply Law Firm Hair Salon Real Estate Agency HVAC Service Pharmacy

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

Multi-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

56

Businesses Nearby

Explore this area Business Placement

Demographics for 46711, IN

8,022

Population

2,588

Households

3.1

Avg Household Size

31

Median Age

18%

College-Educated

82%

High-School Grad

57.6 sq mi

ZIP Area

139

Density / Sq Mi

$59,817

Median Household Income

$33,320

Median Earnings

$773

Median Rent

$180,200

Median Home Value

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?

Strip mall - Four leasable units occupy a retail building with additional vacant land on the parcel.

Where is this strip mall located?

The property is located at 426 Wind Ridge Trl Berne, IN.

What is the asking price?

The asking price for this property is $350,000.

What are key features of this property?

This property features: Four rental spaces in a 5,040‑square‑foot strip center; 2.9‑acre parcel with 1 acre developed and the balance vacant; 552 feet of frontage on Highway 27; site depth is 230 feet