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727 Ohio St Terre Haute, IN 47807

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For Sale
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1,400-seat theatre, vacant, adaptive reuse potential.

Property size:
28,064 SF

Property Features for 727 Ohio St

General Information

Property type
Specialty properties
Square Feet
28,064 SF
Lot Size
13,068 SF

Building Details

Year Built
1927
Buildings
1
Stories
2
Units
1

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Listing Contact
Bob Lindgren
Bob Lindgren

Listing Agency: Lee & Associates Indianapolis Listing Agent: Bob Lindgren

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional 28,064-square-foot special purpose property, located at 727 Ohio St, Terre Haute, IN 47807, presents a unique investment opportunity. The Hippodrome Theatre, a beautifully preserved 1,400-seat venue built in 1927, is listed on the National Register of Historic Places, though currently without any restrictive covenants. This two-story building sits on a 0.3-acre lot and boasts 13 parking spaces, a significant advantage given its proximity to the Convention Center (one block) and Hulman Center (two blocks). The property's vacant status allows for immediate occupancy and offers exciting possibilities for adaptive reuse, capitalizing on its prime location near Indiana State University. The asking price is $400,000, translating to $14.25 per square foot. The property features a single unit with 28,064 square feet of net rentable space, zoned for commercial use (499-Commercial). While lacking loading docks or dock-high doors, its central location and historical significance make it an attractive proposition for a variety of commercial ventures. The abundant parking options within two blocks further enhance its appeal. APN: 84-06-22-355-005.000-002.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Ancient And Accepted Scottish ... Church

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

Location Insight

  • Map
  • Local Demand
City
Terre Haute
County
Vigo
State
Indiana
Longitude
-87.405723822507
Latitude
39.465459543307

FAQs

What type of property is this?
Specialty property - 1,400-seat theatre, vacant, adaptive reuse potential.
Where is this specialty property located?
The property is located at 727 Ohio St Terre Haute, IN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: $400,000 asking price for this vacant, 28,064 square foot special purpose property.; Located at 727 Ohio St, Terre Haute, IN 47807, this property features 13 parking spaces.; The 1-unit, two-story building sits on a 0.3-acre lot and was built in 1927.
(317) 218-1032 Call to check price and availability
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