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Retail Property in Bourbon, Indiana
For Sale
$579,000

435 E Center St, Bourbon, IN 46504

8,000 sq ft retail property fully leased to Family Dollar.

Property Size8,000 SF
Price / SF$72.38
Days on Market119

Property Features for 435 E Center St

General Information

Standard status Active
Size 8,000 SF
Listing Agency: COLLINS and CO REALTORS - PLYMOUTH
Listed By: Chris Collins · License #RB14008087
Source: Exprealty
Added: Apr 3 Changed: Jul 10 Last Checked: Jul 29 at 3:36PM

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 COLLINS and CO REALTORS - PLYMOUTH

Investment Insights

Based on property information with market context.

This 8,000 sq ft retail property is located in Bourbon, Indiana. The property is fully leased to Family Dollar, providing consistent income. Situated in North Central Indiana between Warsaw and Plymouth, the site offers visibility and ample parking. The property is suited for investors, including those pursuing a 1031 exchange.

Key Highlights

  • Fully leased 8,000 sq ft retail property with Family Dollar as tenant.
  • 10% cap rate.
  • Priced at $637,450.

Property Analytics

Current Use

Family Dollar Discount Store Redbox Cinema

Suggested Use

Top Pick Building Supply Auto Repair Shop Parking Lot & Garage Hair Salon Auto Parts Store Big Box & Wholesale 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.

Location Intelligence

Trade Area within ½ mile

118
Businesses Nearby
3k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
2,953 visits/mo 0.1 miles

Demographics for 46504, IN

3,241
Population
1,232
Households
2.6
Avg Household Size
38
Median Age
16%
College-Educated
87%
High-School Grad
66.6 sq mi
ZIP Area
49
Density / Sq Mi
$83,712
Median Household Income
$43,821
Median Earnings
$861
Median Rent
$169,800
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
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Frequently Asked Questions

What type of property is this?
Grocery and convenience store - 8,000 sq ft retail property fully leased to Family Dollar.
Where is this grocery and convenience store located?
The property is located at 435 E Center St Bourbon, IN.
What is the asking price?
The asking price for this property is $579,000.
What are key features of this property?
This property features: Fully leased 8,000 sq ft retail property with Family Dollar as tenant.; 10% cap rate.; Priced at $637,450.
More about this property
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