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Adjoining Retail and Warehouse Buildings
For Sale
$399,000

576 W Parks Dr, Rensselaer, IN 47978

Two adjoining commercial buildings, including a leased liquor store and a warehouse-style storage area with an overhead door.

Property Size6,256 SF
Price / SF$63.78
Days on Market75

Property Features for 576 W Parks Dr

General Information

Standard status Active
Size 6,256 SF

Taxes and HOA fees

Annual Taxes $1,074
Listing Agency: RE/MAX Executives
Listed By: Nicole Mathew · License #RB15000337
Source: Exprealty
Added: Jun 25 Changed: Sep 4 Last Checked: Sep 6 at 3:46PM

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 RE/MAX Executives

Investment Insights

Based on property information with market context.

This package sale includes two adjoining commercial properties being sold together as one investment. The front building is a 1,256-square-foot storefront currently leased and operating as a liquor store. The space includes a walk-in cooler and is positioned on a prominent corner lot for strong visibility and access. Please note the real estate is included in the sale, but the established liquor store business is not for sale.

Adjacent to the corner property is a 5,000-square-foot commercial building that offers a variety of potential uses. The building features a spacious storage area with an overhead door for convenient loading and unloading.

Offered only as a package, the combined configuration provides flexibility for an owner who wants to maintain income from the current leased storefront while also acquiring a second building with practical warehouse-style storage access.

Key Highlights

  • Package sale includes two adjoining commercial buildings sold together only
  • 1,256 SF corner building is leased and operating as a liquor store
  • Corner building includes a walk‑in cooler

Property Analytics

Current Use

Southside Package Store (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Daycare Center

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

497
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47978, IN

10,815
Population
4,355
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
263.7 sq mi
ZIP Area
41
Density / Sq Mi
$71,359
Median Household Income
$35,486
Median Earnings
$867
Median Rent
$180,900
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
Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Two adjoining commercial buildings, including a leased liquor store and a warehouse-style storage area with an overhead door.
Where is this storefront property located?
The property is located at 576 W Parks Dr Rensselaer, IN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Package sale includes two adjoining commercial buildings sold together only; 1,256 SF corner building is leased and operating as a liquor store; Corner building includes a walk‑in cooler
More about this property
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