Current Use by Public Records
- Burlington / Clothing & Fashion Store
- Baby Depot / (Bike/Boat/Book/etc) Store / Clothing & Fashion Store
Property Details for 3500 Us Highway 41
- Property type
- Specialty properties
- Property subtype
- Retail properties & Spaces
Description
Riverside Plaza offers exceptional retail opportunities in Terre Haute, Indiana. This multi-tenant property totals 125,548 square feet and is strategically located directly south of I-70, within the Terre Haute Regional Trade Area – the largest retail market in West Central Indiana, serving over half a million residents. The center enjoys a prime location less than three miles south of downtown, along heavily trafficked US Highway 150/41, boasting 35,000 vehicles per day. Three spaces are currently available, ranging from a minimum of 2,500 square feet to a maximum contiguous space of 4,700 square feet; a total of 7,200 square feet is currently vacant. The property sits on a 0.4-acre lot. This vibrant area is home to four higher education institutions, most notably Indiana State University with its 9,500 students, providing a substantial and consistent customer base. Major employers such as Union Hospital, Indiana State University, Advics, Bemis, and First Financial Bank further contribute to the strong local economy and consumer spending power. The property is suitable for a variety of uses, including quick-service restaurants (QSR), general retail, medical offices, nail salons, hair salons, and restaurants. This is a rare opportunity to establish a presence in a thriving retail hub with excellent visibility and accessibility.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Terre Haute
- County
- Vigo
- State
- Indiana
- Longitude
- -87.4141
- Latitude
- 39.4246
