Building Details

Year Built 1999

Stories 1

Listing Agency: Bif Ward Real Estate Group

Listed By: Bif Ward Show Phone

Source: Bifward

Added: Sep 14 Last Checked: Sep 18 at 3:59AM

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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 Bif Ward Real Estate Group

Investment Insights

Based on property information with market context.

Built in 1999, this 4,850-square-foot commercial building provides a layout suited to day care operations, with multiple offices and several large meeting rooms or classrooms. The interior is ADA compliant and ready for occupancy. Building improvements include updated HVAC, a roof installed 2 years ago, and new vinyl siding.

The property occupies 3.875 acres just off State Highway 46 in Spencer and carries Commercial Arterial zoning. A large parking area provides 25+ spaces, with additional room available on the site. The combination of accessible improvements, office areas, classroom-capable rooms, and substantial land supports a range of specialized commercial uses.

Key Highlights

• 4,850 sq ft commercial building on 3.875 acres
• Multiple offices plus several large meeting rooms or classrooms
• ADA compliant and ready for occupancy

Property Analytics

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Current Use

Day care centers

Suggested Use

Top Pick Dental Office HVAC Service Electrical Service Garden Center Skin Care Clinic Locksmith

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

216

Businesses Nearby

Balanced

Demand for This Use

Explore this area Business Placement

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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What type of property is this? Where is this day care centers located? What is the asking price? Find similar properties What are key features of this property?

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Similar Off Market Nearby

• Country Mouse City Mouse Daycare — 904 W Hillside Ave, Spencer, IN 47460

Frequently Asked Questions

What type of property is this?

Day care center - ADA-compliant commercial building with offices, classroom-scale meeting rooms, and a flexible interior layout.

Where is this day care center located?

The property is located at 911 Hillside Avenue Spencer, IN.

What is the asking price?

The asking price for this property is $610,000.

What are key features of this property?

This property features: 4,850 sq ft commercial building on 3.875 acres; Multiple offices plus several large meeting rooms or classrooms; ADA compliant and ready for occupancy