Search
Two-Unit Retail Building
For Sale
$199,900

623 W National Avenue, Brazil, IN 47834

COMMERCIAL/INDUSTRIAL, Brazil, IN

Property SizeContact for details
Days on Market73

Property Features for 623 W National Avenue

General Information

Property type Residential
Property subtype Retail
Zoning Commercial
Subdivision Clay County
Standard status Active
APN 11-02-36-300-220.000-002

Utilities

Heating system Electric (Heating)
Cooling system Central Air

Amenities

fenced outdoor space
Listing Agency: KEY REAL ESTATE INDIANA
Listed By: Laura Hudson
Added: Jul 16 Changed: Sep 7 Last Checked: Sep 26 at 10:06AM
MLS# 109937

Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This all-brick retail property at 623 W National Avenue includes two distinct units, each served by its own HVAC system. The building contains three bathrooms, with the possibility of adding a fourth, and the original connection between the units can be reopened if a combined layout is preferred. Central air and electric heat serve the property.

The property occupies a corner site with two parcels and includes 18+ parking spaces. A fenced outdoor area adds functional space, while the roof is approximately 8 years old. Commercial zoning supports the property’s retail classification, and the configuration accommodates separate occupancy or use of the entire building by one operator.

Key Highlights

  • Two separate retail units with independent HVAC systems
  • 18+ parking spaces on a corner site comprising two parcels
  • Three bathrooms with potential for a fourth

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Parking Lot & Garage HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Office units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

392
Businesses Nearby
22k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 90% Apparel 10%
Casey's General Store Shops & Services
9,803 visits/mo 0.2 miles
Speedway Shops & Services
6,798 visits/mo 0.2 miles
Goodwill Apparel
2,269 visits/mo 0.3 miles
Citgo Shops & Services
1,581 visits/mo 0.3 miles
Napa Auto Parts Shops & Services
1,304 visits/mo 0.2 miles

Demographics for 47834, IN

19,430
Population
8,451
Households
2.3
Avg Household Size
41
Median Age
17%
College-Educated
91%
High-School Grad
154.2 sq mi
ZIP Area
126
Density / Sq Mi
$66,677
Median Household Income
$41,247
Median Earnings
$866
Median Rent
$135,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Retail space - Corner commercial property with separate HVAC systems, fenced outdoor area, and a layout that supports independent or combined operation.
Where is this retail space located?
The property is located at 623 W National Avenue Brazil, 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: Two separate retail units with independent HVAC systems; 18+ parking spaces on a corner site comprising two parcels; Three bathrooms with potential for a fourth
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message