3498 Sr 56 Hanover, IN 47243
- Retail properties
- 2.46 lot acres
Current Use by Public Records
- Retail properties
Property Details for 3498 Sr 56
- Year built
- 2015
- Lot size
- 2.46 lot acres
- Property type
- Retail properties
Description
This exceptional 7,200+ square foot retail building sits on a 2.46-acre lot in Hanover, Indiana, boasting over 300 feet of road frontage on SR 56. The property enjoys a high-traffic location at the intersection of SR 62 and SR 56, experiencing over 12,000 vehicles daily. Zoned for General Business, it benefits from city water and sewer services. The building itself is a top-quality construction featuring a metal frame and roof, exceptional insulation (foam in walls and roof), and in-floor radiant heat, resulting in low maintenance costs. The interior is exceptionally clean and well-maintained, including well-appointed office areas, employee break rooms, and two restrooms. Currently operating as a discount grocery and general merchandise store, the space includes a refrigerated/freezer section. Convenient loading docks are located at the rear, and ample parking is available with 50+ spaces in front and over an acre of space behind the building, allowing for significant expansion potential. The property presents a multitude of business opportunities. The current business, including inventory and equipment, is available for separate purchase. Note that any antiques present on the property are excluded from the sale.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hanover
- County
- Jefferson_IN
- State
- Indiana
- Longitude
- -85.4521
- Latitude
- 38.7342
