65 Pierce St Whitestown, IN 46075
- Commercial real estate
- 6,600 SF
- 0.18 lot acres
Current Use by Public Records
- Vintage Solutions of Indiana / Auto Restoration Service
Property Details for 65 Pierce St
- Year built
- 1923
- Construction
- WOOD
- Lot size
- 0.18 lot acres
- Property size
- 6,600 SF
- Zone code
- ZO01
- Property type
- Commercial real estate
- APN
- 06-08-19-000-001.083-019
- APU
- 60819000001083019
Description
This exceptional 10,000-square-foot industrial building, located at 65 E. Pierce St. in Whitestown, Indiana, presents a compelling redevelopment opportunity. Situated in the heart of Whitestown, a thriving industrial area in central Indiana, this single-story building is ideally positioned for future growth. Currently occupied by a tenant with a lease expiring July 2025, the property offers immediate income potential. The building's classification encompasses distribution, flex, and warehouse uses, providing versatility for a range of potential redevelopment projects. Priced at $725,000, this represents an attractive price per square foot of $72.50. Adding to its appeal is an adjacent vacant lot available for separate purchase at $150,000, offering significant expansion possibilities. The property's prime location in Boone County, Indiana, zip code 46075, ensures easy access to major transportation routes and a robust workforce. This is a rare chance to acquire a well-located industrial property with significant upside potential in a rapidly developing area. The existing building and the adjacent lot provide a unique opportunity for investors seeking a blend of immediate income and long-term redevelopment prospects.
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
- Whitestown
- County
- Boone
- State
- Indiana
- Longitude
- -86.3452
- Latitude
- 39.9969
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA