65 Pierce StWhitestown, IN 46075

Property Details for 65 Pierce St

Year built

1923

Construction

WOOD

Lot size

0.18 AC

Property size (Sq ft)

6,600 SF

Zone code

ZO01

Property type

Other 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.

• Alternative Use

  Use

  Valuation

  Residential

  $981,024

  Hospitality

  $898,613

  Educational

  $747,636

  Medical

  $773,348

  Retail

  $1,162,989

Location Insight

City

Whitestown

County

Boone

State

Indiana

Latitude

39.9969

Longitude

-86.3452

CBSA code

26900

CBSA name

INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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