Mixed-Use Property with Heated
437 West State Street, Albany, IN 47320
For Sale
New
$199,900
Albany, IN
Property SizeContact for details
Lot Size0.15 Acres
Days on Market5
Property Features for 437 West State Street
General Information
Property type
Property subtype
Bathrooms
Full bathrooms
Standard status
Lot size
Additional Details
Property Use
Amenities
hardwired data lines
phone wiring
Building Details
Year built
Buildings
Listing Agency:
NextHome Elite Real Estate
(765) 729-5181
Listed By:
Cortney Felton · License IN #51059
(765) 748-6334
Added: Nov 9
Changed: Nov 10
Last Checked: Nov 13 at 11:06PM
MLS# 202645944
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Investment Insights
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Built in 1925 and updated in 2008, this brick mixed-use property combines approximately 1,500 square feet of finished interior space with an attached, heated 1,270-square-foot garage and shop. The interior has two bedrooms, one full bathroom, an open kitchen and dining area, and a butler pantry. Features include 11-foot ceilings, hardwood floors, large windows, crown molding, and hardwired data lines. The shop includes a half bathroom, paint room, floor drain, utility sink hookup, and 220V connections.
Zoned C2 General Commercial, the property is at 437 West State Street in Albany, Indiana, with highway frontage and off-street parking on the west side. Electrical service is available in the front yard for signage. Two 200-amp panels serve the interior and shop separately, and separate furnaces provide heating for each area. The building also has a tankless water heater and phone wiring designed for up to six lines.
Zoned C2 General Commercial, the property is at 437 West State Street in Albany, Indiana, with highway frontage and off-street parking on the west side. Electrical service is available in the front yard for signage. Two 200-amp panels serve the interior and shop separately, and separate furnaces provide heating for each area. The building also has a tankless water heater and phone wiring designed for up to six lines.
Key Highlights
- Approximately 1,500 square feet of finished interior space and an attached 1,270‑square‑foot heated shop
- C2 General Commercial zoning
- Two 200‑amp electrical panels; shop includes 220V connections
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
151
Businesses Nearby
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Business Placement
Demographics for 47320, IN
3,978
Population
2,176
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
93%
High-School Grad
32.6 sq mi
ZIP Area
122
Density / Sq Mi
$68,244
Median Household Income
$41,406
Median Earnings
$669
Median Rent
$120,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - C2 zoning and separate residential and work areas support a range of commercial and live-work configurations.
Where is this mixed-use property located?
The property is located at 437 West State Street Albany, IN.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Approximately 1,500 square feet of finished interior space and an attached 1,270‑square‑foot heated shop; C2 General Commercial zoning; Two 200‑amp electrical panels; shop includes 220V connections
