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Huntertown Commercial Building with Steel Frame
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1611 Pheasant Run, Huntertown, IN 46748

Commercial building with pre-engineered steel frame, multiple income streams.

Property Size2,843 SF
Price / SF$439.68
Days on Market1337

Property Features for 1611 Pheasant Run

General Information

Standard status Active
Size 2,843 SF
Class B
Property subtype Industrial
Zoning c-3

Building Details

Year Built 1984
Buildings 2
Stories 2
Units 2
Listing Agency: North Eastern Group Realty
Listed By: Brad Stinson · License #RB14039622
Source: Crexi
Added: Jan 4, 2023 Changed: Aug 28 Last Checked: Sep 2 at 6:14AM

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 North Eastern Group Realty

Investment Insights

Based on property information with market context.

This commercial building features an industrial chic design and includes a pre-engineered steel frame building that is currently rented out, providing an additional income stream. The property is zoned C3 and is located close to the new Parkview location in Huntertown. Recent updates include a new kitchen, baths, and utility area in 2018, two new baths in the steel building in 2018, a new roof in 2015, and one new HVAC system in 2019. The main building offers 2843 square feet of living space and 2800 square feet of garage, workshop, or storage space. The front door opens to a large great room with vaulted ceilings and natural light. There is a large main floor bedroom or office and a full bath. The upstairs has been completely remodeled and features a large kitchen with custom cabinets, granite counters, skylights, a cathedral ceiling, custom lighting, and a utility room. The main level garage area spans 2800 square feet and can accommodate numerous vehicles or equipment, with two overhead doors, work benches, built-in cabinets, and a 53x11 storage area. The second building is a 3415 square foot pre-engineered steel frame building with steel exterior wall panels and a standing seam roof. It has a poured concrete slab foundation and a ceiling height of 14 feet to the eave. It also includes two full baths, an upstairs office area, two 12-foot overhead doors, ample parking, two separate entrances, and 3-phase power. This property offers various potential uses.

Key Highlights

  • Income‑producing property with a rented, pre‑engineered steel frame building.
  • C3 Zoning offers loads of various uses.
  • Large Main Building: Features 2843 sqft of living space and 2800 sqft of garage/workshop/storage space.

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Dental Office Building Supply Spa & Massage Center Restaurant Parking Lot & Garage

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

172
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46748, IN

7,203
Population
2,521
Households
2.9
Avg Household Size
34
Median Age
47%
College-Educated
96%
High-School Grad
18.7 sq mi
ZIP Area
385
Density / Sq Mi
$98,443
Median Household Income
$47,930
Median Earnings
$1,147
Median Rent
$257,700
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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Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with pre-engineered steel frame, multiple income streams.
Where is this flex space located?
The property is located at 1611 Pheasant Run Huntertown, IN.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Income‑producing property with a rented, pre‑engineered steel frame building.; C3 Zoning offers loads of various uses.; Large Main Building: Features **2843 sqft of living space and 2800 sqft of garage/workshop/storage space**.
(260) 615-7271 Call to check price and availability
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