Downtown Retail and Office Building

8647 W College Street French Lick, IN 47432

Claim this Listing
For Sale
$249,000

LAND - French Lick, IN

Property size:
12,500 SF
Lot size:
0.15 Acres
Price / SF:
$19/SF
Added:
Jan 30, 2025
Days on Market:
528
Last Refresh:
Jul 12 at 12:06 pm

Property Features for 8647 W College Street

General Information

Property type
Land
Property subtype
Other
Parking features
Off Street
Standard status
Active
APN
59-12-03-310-001.001-002
Lot size
0.15 Acres

Taxes and HOA fees

Tax Year
2021
Tax Description
Bowles Plat PT1,PT2,PT3 TOWNOF FRENCH LICK, ORANGE COUNTY,IN
Tax Annual Amount
6000

Listing agent RANDY CHAPLIN

Listing office Brooks Galloway Real Estate 8481 W College Street, French Lick, IN

Listing date Jan 30, 2025

MLS# 202502836

Copyright © 2026 Bedford Board 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 downtown commercial building includes three stories above grade plus a full unfinished basement. The main level is retail space, and the rear portion features a split-level entry that was last used as a doctors office. An elevator shaft is present, and the building is approximately 46’ x 100’ (about 12,500 square feet). Building updates and improvements mentioned include a rubber roof estimated at about 15 years old, replacement of most windows, and replacement of the main level furnace this year. The second-floor front area has the option of removing the floor to create an atrium-style space, subject to code and approvals.

The property is located at the corner of Maple and College Streets in downtown French Lick, at 8647 W College Street. The lot measures about 46’ x 145’ and includes off-street parking. The remarks identify the Ritter Building and note historical variety of uses, including furniture store, mortuary, antique mall, doctors office, and cafe. An adjoining lot is also referenced as for sale, and if owned separately, mutual easement for access is indicated.

For buyers and operators, the existing main-level retail configuration and the rear medical office entry support flexible mixed-use planning. The additional unfinished basement and atrium potential may appeal to tenants seeking adaptable interior space, while the off-street parking and downtown corner setting can be useful for retail, service, or hospitality concepts, including the possibility of a liquor license as noted in the remarks.

Key Highlights

  • 46' x 100' commercial building with 3 stories above grade plus a full unfinished basement in downtown French Lick
  • Main level offers retail space; back section includes split‑level entry previously used as a doctors office
  • Off‑street parking plus an additional off‑street parking area; lot measures 46' x 145'

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

HVAC Service Auto Repair Shop Bakery Grocery & Convenience Store Big Box & Wholesale Store Barber Shop Cafe & Coffee Shop Florist (Bike/Boat/Book/etc) Store Building Supply

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Three-story commercial building with retail on the main level and a split-level medical office entry.
Where is this retail space located?
The property is located at 8647 W College Street French Lick, IN.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 46' x 100' commercial building with 3 stories above grade plus a full unfinished basement in downtown French Lick; Main level offers retail space; back section includes split‑level entry previously used as a doctors office; Off‑street parking plus an additional off‑street parking area; lot measures 46' x 145'
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