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Live-Work Building with Apartment
For Sale
$250,000

601 N Central Avenue, Connersville, IN 47331

Two connected buildings include a mezzanine showroom/warehouse, a partially finished basement, and a second-story apartment.

Property Size16,560 SF
Price / SF$15.10
Days on Market198

Property Features for 601 N Central Avenue

General Information

Standard status Active
Size 16,560 SF

Taxes and HOA fees

Annual Taxes $4,437
Listing Agency: White's Realty
Listed By: Elizabeth Hughey
Source: Exprealty
Added: Feb 18 Changed: Sep 2 Last Checked: Sep 4 at 9:45AM

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 White's Realty

Investment Insights

Based on property information with market context.

This live-work building for sale offers two connected structures with flexible indoor space. The property includes a mezzanine-level showroom and warehouse area, along with a partially finished full basement. One building also features a second-story apartment, creating an on-site living component in addition to commercial space.

The offering is located in Connersville’s Central Business District at 601 N Central Avenue and is described as move-in ready, with ample room to accommodate a range of showroom, retail, office, or mixed-use approaches.

Overall, the configuration supports multiple ways to operate on-site, while the apartment provides an additional space that may support staff housing or other rental income opportunities, depending on how the property is utilized.

Key Highlights

  • 40,000 SF property with two connected buildings in Connersville’s Central Business District
  • Mezzanine‑level showroom/warehouse layout plus additional warehouse space
  • Partially finished full basement

Property Analytics

Current Use

Live-work space

Suggested Use

Top Pick Real Estate Agency Hair Salon Dental Office Spa & Massage Center Parking Lot & Garage Skin Care Clinic

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

456
Businesses Nearby

Demographics for 47331, IN

22,782
Population
10,625
Households
2.1
Avg Household Size
44
Median Age
17%
College-Educated
86%
High-School Grad
191.6 sq mi
ZIP Area
119
Density / Sq Mi
$56,530
Median Household Income
$38,494
Median Earnings
$777
Median Rent
$115,300
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Live-work space - Two connected buildings include a mezzanine showroom/warehouse, a partially finished basement, and a second-story apartment.
Where is this live-work space located?
The property is located at 601 N Central Avenue Connersville, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 40,000 SF property with two connected buildings in Connersville’s Central Business District; Mezzanine‑level showroom/warehouse layout plus additional warehouse space; Partially finished full basement
More about this property
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