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Medical Office and Clinic Building
For Sale
Contact for pricing
Pending

9 N Crane Ave, Spencer, IN 47460

10,288 sq. ft. medical office and clinic building zoned Commercial/Industrial, with room for multiple healthcare and non-medical uses.

Property Size10,288 SF
Days on Market147

Property Features for 9 N Crane Ave

General Information

Standard status Pending
Size 10,288 SF
Property subtype Mixed Use
Zoning Commercial/Industrial
Listing Agency: Berkshire Hathaway HomeServices Bloomington
Listed By: Daniel Palko · License #RB14024368
Source: Crexi
Added: Apr 12 Changed: Aug 25 Last Checked: Sep 4 at 9:22AM

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 Berkshire Hathaway HomeServices Bloomington

Investment Insights

Based on property information with market context.

The property is a 10,288 sq. ft. medical office and clinic building presented for sale as an investment opportunity. The offering includes a Commercial/Industrial-zoned building described as suitable for multiple uses. Public remarks indicate uses ranging from medical offices and clinic space to a nursing facility, senior housing, and hospice care, as well as industrial assembly and mixed-use scenarios. An attached document is referenced for a property breakdown.

The building is located just one block from SR 46, with easy showings noted by the listing.

For buyers seeking a healthcare-focused property with flexibility under a Commercial/Industrial zoning designation, this facility offers a sizable existing structure and an organization intended to support more than a single use type.

Key Highlights

  • 10,288 sq. ft. medical office and clinic building with multiple healthcare uses
  • Commercial/Industrial zoning for a range of medical and non‑medical uses
  • Building is set up for multiple uses including medical offices and clinic space

Property Analytics

Current Use

Medical Office Space

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Grocery & Convenience Store (Bike/Boat/Book/etc) Store 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.

Location Intelligence

Trade Area within ½ mile

284
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47460, IN

11,560
Population
5,045
Households
2.3
Avg Household Size
45
Median Age
22%
College-Educated
88%
High-School Grad
150.5 sq mi
ZIP Area
77
Density / Sq Mi
$67,688
Median Household Income
$42,113
Median Earnings
$888
Median Rent
$177,600
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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - 10,288 sq. ft. medical office and clinic building zoned Commercial/Industrial, with room for multiple healthcare and non-medical uses.
Where is this medical office space located?
The property is located at 9 N Crane Ave Spencer, IN.
What are key features of this property?
This property features: 10,288 sq. ft. medical office and clinic building with multiple healthcare uses; Commercial/Industrial zoning for a range of medical and non‑medical uses; Building is set up for multiple uses including medical offices and clinic space
More about this property
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