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Flex Space with Three Bays
For Sale
$145,000

907 North Vincennes Avenue, Petersburg, IN 47567

Remodeled commercial workspace combines office accommodations with substantial shop and storage areas.

Property Size3,000 SF
Price / SF$10.40
Days on Market292

Property Features for 907 North Vincennes Avenue

General Information

Standard status Active
Size 3,000 SF
Property subtype Commercial / Mixed Use

Additional Details

Road Access Yes

Taxes and HOA fees

Annual Taxes $1,756

Amenities

open lobby
three individual offices
shower and bath
3 large bays with overhead doors
Multiple Cooling Units
1
No
Mixed
Electric
Yes
Brick
Shingle

Building Details

Year Built 1967
Buildings 1
Building Size 3,000 SF
Listing Agency: HARRIS REAL ESTATE LLC
Listed By: Randy Harris · License #RB14034850
Source: Compass
Added: Nov 12, 2025 Changed: Aug 30 Last Checked: Aug 30 at 7:54PM

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 HARRIS REAL ESTATE LLC

Investment Insights

Based on property information with market context.

Located at 907 North Vincennes Avenue in Petersburg, this flex property combines a customer-facing lobby, three private offices, and expansive shop areas. The layout also includes a shower and bathroom, supporting a practical office-and-workshop configuration.

Three large bays with overhead doors provide functional service and storage access, while multiple cooling units and electric service support the building’s operations. The property was built in 1967 and features brick exterior construction with a shingle roof. Vincennes Avenue is also designated State Road 61, providing a direct roadway address for the former heating and air office, workshop, and storeroom.

Key Highlights

  • Three large bays equipped with overhead doors
  • Three individual offices plus an open lobby
  • Shower and bathroom included in the building layout

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Dental Office Real Estate Agency Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store HVAC Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

182
Businesses Nearby
Balanced
Demand for This Use

Demographics for 47567, IN

5,804
Population
2,750
Households
2.1
Avg Household Size
43
Median Age
17%
College-Educated
89%
High-School Grad
115.5 sq mi
ZIP Area
50
Density / Sq Mi
$64,890
Median Household Income
$45,378
Median Earnings
$643
Median Rent
$130,700
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?
Flex space - Remodeled commercial workspace combines office accommodations with substantial shop and storage areas.
Where is this flex space located?
The property is located at 907 North Vincennes Avenue Petersburg, IN.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Three large bays equipped with overhead doors; Three individual offices plus an open lobby; Shower and bathroom included in the building layout
More about this property
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