Multi-Tenant Storefront
New
For Sale
$799,900
7950 N State Road 59, Brazil, IN 47834
Established commercial property with occupied suites, owner-use space, billboard income, and a separate workshop building.
Days on Market4
Property Features for 7950 N State Road 59
General Information
Standard status
Active
Additional Details
Utilities to Site
Yes
Building Details
Year Renovated
2016
Buildings
2
Tenancy
Multi
Listing Agency:
A & B Homes
(317) 850-9514
Listed By:
Rodney Sneath · License #RB19000671
(317) 850-9514
Source:
Exprealty
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 2 at 2:24AM
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 A & B Homes
Investment Insights
Based on property information with market context.
This commercial property includes almost 12,000 square feet of storefront space on almost 3 acres at 7950 N State Road 59 in Brazil, Indiana. Suites 1 through 7 are occupied, while Suites 8 and 9 provide additional space for an owner-user or future tenant. The latter area includes a 113-by-20-foot heated and cooled back room. Most suites have separate electric meters and individual HVAC systems, and the front showroom is served by three overhead gas furnaces, two electric furnaces, and two AC units. The building was updated inside and out in 2016, with additional attic insulation installed several years later.
A separate 112-by-71-foot pole barn offers insulated walls and ceiling, 10-foot garage doors, and 12-foot interior ceilings. City water and septic serve the property. Exterior revenue sources include a freestanding billboard with four signage areas and 10 parking spaces rented during the covered bridge event. The property also includes frontage along State Road 59 and side and rear areas described for potential expansion or new construction.
A separate 112-by-71-foot pole barn offers insulated walls and ceiling, 10-foot garage doors, and 12-foot interior ceilings. City water and septic serve the property. Exterior revenue sources include a freestanding billboard with four signage areas and 10 parking spaces rented during the covered bridge event. The property also includes frontage along State Road 59 and side and rear areas described for potential expansion or new construction.
Key Highlights
- Almost 12,000 square feet of storefront space on almost 3 acres
- Suites 1‑7 occupied; Suites 8 and 9 available for owner use or leasing
- 112x71 pole barn with insulated walls and ceiling
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
4k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Shell
Shops & Services
4,114 visits/mo
0.1 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
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Established commercial property with occupied suites, owner-use space, billboard income, and a separate workshop building.
Where is this storefront property located?
The property is located at 7950 N State Road 59 Brazil, IN.
What is the asking price?
The asking price for this property is $799,900.
What are key features of this property?
This property features: Almost 12,000 square feet of storefront space on almost 3 acres; Suites 1‑7 occupied; Suites 8 and 9 available for owner use or leasing; 112x71 pole barn with insulated walls and ceiling
