Listing Agency: Meisberger And Associates Show Phone

Listed By: Marybeth Castner · License #RB14036025 Show Phone

Source: Exprealty

Added: Jun 8 Changed: Sep 4 Last Checked: Sep 5 at 11:21AM

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Investment Insights

Based on property information with market context.

This approximately 6,000-square-foot commercial building offers flexibility for multiple business types, with about seven framed and plumbed rooms currently in place. Interior walls include many non-structural stud walls, which may allow for reconfiguration into larger open-concept areas. The sale also includes new “in the box” flooring for approximately 6,000 square feet, along with a large amount of stacked unused 2x4 materials and other included materials. A new 2-inch water line has been added for the sprinkler system.

The property sits on about 0.57 acres on a state highway (US 421 S), providing daily traffic exposure. The building is zoned Local Business, with suitability for a variety of uses subject to county approval.

Overall, the current layout supports office, retail, service, or studio-style setups, while the non-structural wall construction may support future interior tailoring.

Key Highlights

• Approx. 6,000 sq. ft. commercial building on 0.57 acres with daily traffic exposure along US 421 S.
• Currently configured with approx. 7 framed and plumbed rooms for office, retail, service, or studio use.
• Interior includes many non‑structural stud walls that could be removed or reconfigured for larger open areas.

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Grocery & Convenience Store Garden Center Skin Care Clinic Cafe & Coffee Shop

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

7

Office units

Yes

Sprinkler system

Yes

Highway access

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

261

Businesses Nearby

Explore this area Business Placement

Demographics for 47042, IN

4,375

Population

1,930

Households

2.3

Avg Household Size

42

Median Age

21%

College-Educated

88%

High-School Grad

68.3 sq mi

ZIP Area

64

Density / Sq Mi

$74,401

Median Household Income

$45,677

Median Earnings

$717

Median Rent

$178,200

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

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Retail space - Commercial building on a state highway with framed, plumbed rooms and zoning for local business uses.

Where is this retail space located?

The property is located at 630 S Adams St Versailles, IN.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: Approx. 6,000 sq. ft. commercial building on 0.57 acres with daily traffic exposure along US 421 S.; Currently configured with approx. 7 framed and plumbed rooms for office, retail, service, or studio use.; Interior includes many non‑structural stud walls that could be removed or reconfigured for larger open areas.