Two-Space Mixed-Use
For Sale
$250,000
9987 S State Road 243, Cloverdale, IN 46120
Separate retail and food-service areas support distinct or combined commercial operations.
Property SizeContact for details
Days on Market13
Property Features for 9987 S State Road 243
General Information
Standard status
Active
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Equipment Included
No
Building Details
Buildings
1
Listing Agency:
RE/MAX Cornerstone
(765) 653-7070
Listed By:
Tyler Cox · License #SP31300582
(765) 247-9445
Source:
Exprealty
Added: Oct 1
Changed: Oct 11
Last Checked: Oct 12 at 8:57PM
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 RE/MAX Cornerstone
Investment Insights
Based on property information with market context.
The mixed-use building is divided into two spaces. One previously housed a bait and tackle shop offering live bait, fishing and boating gear, alcohol, and ammunition; the other has operated as a small restaurant serving pizza and ice cream. Inventory and equipment may be purchased separately from the real estate, while the existing business is excluded from the sale.
The property fronts a main highway less than a mile from Interstate 70. More than 2,000 vehicles pass daily, and Cataract Lake is a few miles away.
The property fronts a main highway less than a mile from Interstate 70. More than 2,000 vehicles pass daily, and Cataract Lake is a few miles away.
Key Highlights
- Two separate spaces within the building
- One space previously operated as a bait and tackle shop; the other as a small restaurant
- Main highway location less than a mile from Interstate 70
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
12
Businesses Nearby
Explore this area
Business Placement
Demographics for 46120, IN
5,891
Population
3,045
Households
1.9
Avg Household Size
45
Median Age
15%
College-Educated
90%
High-School Grad
91.7 sq mi
ZIP Area
64
Density / Sq Mi
$55,192
Median Household Income
$37,409
Median Earnings
$841
Median Rent
$166,900
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate retail and food-service areas support distinct or combined commercial operations.
Where is this mixed-use property located?
The property is located at 9987 S State Road 243 Cloverdale, IN.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two separate spaces within the building; One space previously operated as a bait and tackle shop; the other as a small restaurant; Main highway location less than a mile from Interstate 70
