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Industrial Land with Existing Improvements
For Sale
$8,350,000

500 N Main Street, Middlebury, IN 46540

M-2-zoned acreage includes an existing farmhouse, garage, and barn workshop alongside municipal water and sewer service.

Property Size2,519 SF
Price / SF$3,314
Days on Market16

Property Features for 500 N Main Street

General Information

Standard status Active
Size 2,519 SF
Property subtype Commercial

Amenities

Drywall
Other
Yes
No
City
12
Partial Basement
State
mix
1454904
1306 x 1612
house and barn
33.4

Building Details

Year Built 1944
Stories 1
Listing Agency: Bartel & Company
Listed By: Brad Hooley · License #RB14018099
Source: Hoslerrealty
Added: Oct 16 Changed: Oct 28 Last Checked: Oct 31 at 3:26AM

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 Bartel & Company

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 33.4-acre industrial land offering includes the original farmhouse, a four-car garage, and a barn workshop. The property is identified with a 1944 year built. M-2 zoning is in place, with city water and sewer extending to the site.

The parcel has 1,306 feet of road frontage. Pre-development engineering and planning materials have been completed and are available, including typo maps, a drainage site plan, and building and parking elevations.

Key Highlights

  • 33.4 acres zoned M‑2
  • 1,306 feet of road frontage
  • City water and sewer to the site

Property Analytics

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

Suggested Use

Top Pick Real Estate Agency Dental Office Hair Salon Building Supply Law Firm Nail Salon

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

186
Businesses Nearby

Demographics for 46540, IN

12,552
Population
4,245
Households
3
Avg Household Size
33
Median Age
19%
College-Educated
71%
High-School Grad
59.4 sq mi
ZIP Area
211
Density / Sq Mi
$99,664
Median Household Income
$45,850
Median Earnings
$1,074
Median Rent
$297,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025

Frequently Asked Questions

What type of property is this?
Industrial land - M-2-zoned acreage includes an existing farmhouse, garage, and barn workshop alongside municipal water and sewer service.
Where is this industrial land located?
The property is located at 500 N Main Street Middlebury, IN.
What is the asking price?
The asking price for this property is $8,350,000.
What are key features of this property?
This property features: 33.4 acres zoned M‑2; 1,306 feet of road frontage; City water and sewer to the site
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