Property summary
This 1,472 square foot executive office building, located at 401 S Merrill St in Fortville, Indiana, presents a unique owner-user or redevelopment investment opportunity. Built in 1910, this Class B property sits on a 0.357-acre lot and boasts a prime location in the heart of downtown Fortville, a rapidly growing area of Hancock County. Currently vacant, the building offers excellent visibility on US 36/W Broadway Street, a main thoroughfare with high traffic counts (13,327 AADT). The property is zoned CC, with a commercial zoning variance. Eight parking spaces are available directly in front, with additional parking in a rear lot (20 spots). The asking price is $300,000, translating to $203.80 per square foot. The two-story building offers great potential for a business seeking a prominent downtown location, with the possibility of additional parking by removing a small outbuilding. The property's proximity to a vibrant downtown area, featuring local restaurants, breweries, boutiques, and national tenants, adds to its appeal. This is a rare chance to acquire a historic building with significant redevelopment potential in a thriving Indiana community.
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Property description
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