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    400 Poplar St Terre Haute, IN 47807

    Sponsored
    For Lease
    $186 SF/Yr

    2100 sq ft Office, Prime Location

    Lot size:
    2,100 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2100-square-foot coworking space is ideally situated in Terre Haute, Indiana's vibrant downtown business district at the corner of 4th and Poplar Streets, offering excellent visibility from 3rd Street. Built in 1987, this single-tenant office space, zoned C-5, features eight individual offices, a spacious reception area, and a dedicated conference room, making it perfect for a variety of professional uses, including law, medical, or insurance practices. The second-floor location is easily accessible via elevator and is handicap-accessible. Ample parking is available for tenants and clients. The current monthly base rent is $3,987. Additional costs include $5.78 per square foot for NNN expenses (taxes, insurance, and common area maintenance), which also covers all utilities. The property's current tenants include Culp Ventures LLC, Edward Jones, and Holbert Phipps LLP (a CPA firm), demonstrating its desirability and strong location. This is a rare opportunity to secure a well-established, versatile office space in a thriving downtown area.

    Property Features for 400 Poplar St

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,100 SF

    Building Details

    Year Built
    1987

    Unit(s) available at that property

    Space
    Size
    2,100 SF
    Rate per SF
    $186

    HighLights

    • 2,100 SF coworking space in Terre Haute, IN's downtown business district.
    • Located at the highly visible corner of 4th and Poplar Streets, with excellent 3rd Street visibility.
    • Single‑tenant office space, built in 1987, zoned C‑5.
    • Features eight private offices, a large reception area, and a conference room.
    • Second‑floor space with elevator access and handicap accessibility.
    • Ample parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    UAP & S Clinic ... Doctor Edward Jones - Financial ... Financial Consultant Pollyanna Sumansky Audiologist

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.4123591
    Latitude
    39.4636709

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    FAQs

    What type of property is this?
    Coworking space - 2100 sq ft Office, Prime Location
    Where is this coworking space located?
    The property is located at 400 Poplar St Terre Haute, IN.
    What is the lease rate?
    The lease rate is $186 SF/Yr.
    What are key features of this property?
    This property features: 2,100 SF coworking space in Terre Haute, IN's downtown business district.; Located at the highly visible corner of 4th and Poplar Streets, with excellent 3rd Street visibility.; Single-tenant office space, built in 1987, zoned C-5.
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    400 Poplar St Terre Haute, IN 47807
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    400 Poplar St Terre Haute, IN 47807
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