Downtown Retail-Flex
For Sale
$1,250,000
51 N Main St, Cloverdale, IN 46120
Two-building retail-flex site on US 231 with dedicated warehouse and storage areas plus off-street parking.
Property SizeContact for details
Days on Market163
Property Features for 51 N Main St
General Information
Standard status
Active
Listing Agency:
Capstone Realty Group, Inc
(317) 919-3595
Listed By:
Ronald Smith
(317) 445-5922
Source:
Exprealty
Added: Mar 27
Changed: Aug 28
Last Checked: Sep 4 at 8:30AM
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 Capstone Realty Group, Inc
Investment Insights
Based on property information with market context.
This for-sale property includes two large buildings on two lots, totaling approximately 13,000 SF of combined space and configured for two separate retail businesses. Building #1 offers retail showroom space with large showroom windows, plus warehouse and storage areas. The retail portion has been recently updated with new vinyl plank flooring, fresh paint, modern lighting, new overhead doors and windows, and a newly installed restroom.
The site is located along US 231 in downtown Cloverdale and includes city utilities and off-street parking. Building #2 was newly constructed in 2024 and provides retail space with an office, one restroom, and an overhead door for convenient inventory access. It also has heating and cooling throughout and a 32' x 12' covered front porch.
Both buildings are laid out to combine front-of-house retail with back-of-house warehouse and storage, supporting businesses that need separate sales space and operational space.
The site is located along US 231 in downtown Cloverdale and includes city utilities and off-street parking. Building #2 was newly constructed in 2024 and provides retail space with an office, one restroom, and an overhead door for convenient inventory access. It also has heating and cooling throughout and a 32' x 12' covered front porch.
Both buildings are laid out to combine front-of-house retail with back-of-house warehouse and storage, supporting businesses that need separate sales space and operational space.
Key Highlights
- Two‑building commercial retail‑flex property on US 231 in downtown Cloverdale with city utilities and off‑street parking
- About 13,000 SF combined on 2 lots, currently configured for 2 separate retail businesses
- Building 1: about 4,030 SF retail showroom plus about 6,060 SF warehouse and storage; retail updated with new vinyl plank flooring, paint, lighting, overhead doors/windows, and restroom
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 46120, IN
5,891
Population
3,045
Households
1.9
Avg Household Size
45
Median Age
15%
College-Educated
90%
High-School Grad
91.7 sq mi
ZIP Area
64
Density / Sq Mi
$55,192
Median Household Income
$37,409
Median Earnings
$841
Median Rent
$166,900
Median Home Value
Market
Vacancy Rate% for Industrial in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Two-building retail-flex site on US 231 with dedicated warehouse and storage areas plus off-street parking.
Where is this flex space located?
The property is located at 51 N Main St Cloverdale, IN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two‑building commercial retail‑flex property on US 231 in downtown Cloverdale with city utilities and off‑street parking; About 13,000 SF combined on 2 lots, currently configured for 2 separate retail businesses; Building 1: about 4,030 SF retail showroom plus about 6,060 SF warehouse and storage; retail updated with new vinyl plank flooring, paint, lighting, overhead doors/windows, and restroom
