Current Use by Public Records
- Land
Property Details for 4 Margaret Ave
- Year built
- 1953
- Lot size
- 1.92 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 1.92-acre commercial property at 4 W Margaret Ave, Terre Haute, Indiana, presents a unique investment opportunity. The property includes a 1,421 square foot industrial building constructed in 1953, offering versatile potential for redevelopment or continued use. Its strategic location across from the post office makes it highly visible and accessible. The site's zoning allows for a variety of uses, making it ideal for entrepreneurs seeking a prominent location. Imagine the possibilities: a small motel, office space, restaurant, or even a grocery store could thrive here. Furthermore, the property benefits from its proximity to existing and planned residential development. A new apartment complex is slated for construction directly behind the property, increasing foot traffic and potential clientele. An existing apartment complex on nearby Wheeler Street further enhances the area's residential appeal. The asking price for this prime Terre Haute real estate is $499,000. The 47802 zip code offers convenient access to major transportation routes and local amenities. This property is ready for its next chapter, offering significant potential for growth and return on investment. Don't miss this chance to acquire a piece of Terre Haute's vibrant commercial landscape.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Terre Haute
- County
- Vigo
- State
- Indiana
- Longitude
- -87.4162
- Latitude
- 39.4338
