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Versatile Industrial Property with Income
For Sale
$515,000

908 E Old Highway 64, English, IN 47118

16.5-acre commercial property featuring a modern 11,000 sq ft building.

Property Size12,451 SF
Lot Size16.50 Acres
Price / SF$41.36
Days on Market1322

Property Features for 908 E Old Highway 64

General Information

Standard status Active
Size 12,451 SF
Lot size 16.50 Acres
Property subtype Other

Building Details

Year Built 2015
Listing Agency: Debby Broughton Realty
Listed By: Ashley Bullington · License #RB14039013
Source: Xome
Added: Dec 16, 2022 Changed: Jul 6 Last Checked: Jul 30 at 2:33AM

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 Debby Broughton Realty

Investment Insights

Based on property information with market context.

This commercial property is a former sawmill featuring a modern approximately 11,000 sq ft steel and metal building with a concrete floor. The office is situated at the entrance of the property. The facility includes 3-phase electric service, gas, and water access. Situated on a 16.5+/- acre lot, the property provides outdoor space for expansion, parking, or additional storage. The excess ground is currently leased to a local farmer, generating income. The property represents a versatile investment that can adapt to various commercial endeavors. Additional acreage is available.

Key Highlights

  • Modern 11,000 sq ft steel and metal building with concrete floor.
  • Sprawling 16.5+\/- acre lot with ample outdoor space.
  • 3‑Phase electric service, gas, and water access available.

Property Analytics

Current Use

Manufacturing properties

Suggested Use

Top Pick Building Supply HVAC Service Electrical Service Garden Center Big Box & Wholesale Store Grocery & Convenience Store

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

25
Businesses Nearby

Demographics for 47118, IN

3,253
Population
2,085
Households
1.6
Avg Household Size
45
Median Age
14%
College-Educated
85%
High-School Grad
132.4 sq mi
ZIP Area
25
Density / Sq Mi
$42,206
Median Household Income
$31,171
Median Earnings
$531
Median Rent
$117,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Manufacturing property - 16.5-acre commercial property featuring a modern 11,000 sq ft building.
Where is this manufacturing property located?
The property is located at 908 E Old Highway 64 English, IN.
What is the asking price?
The asking price for this property is $515,000.
What are key features of this property?
This property features: Modern 11,000 sq ft steel and metal building with concrete floor.; Sprawling 16.5+\/- acre lot with ample outdoor space.; 3‑Phase electric service, gas, and water access available.
More about this property
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