3550 West Two Mile House Rd Columbus, IN 47201

Shoppes at Two Mile House Road – 3550 Two Mile House Road, Columbus, Indiana | $950,000 This 10,800-square-foot retail shopping center presents a compelling investment opportunity in one of southern Indiana's most dynamic markets. Built in 1982 and situated on 3.37 acres along State Road 46, the property is 100% occupied with a strong and diverse tenant mix that includes Marco's Pizza, Ireland Home Base, Joe Doggett Company, Columbus Counseling Partners, and Comb Together hair salon. The center generates $139,800 in gross annual rental income with an additional $7,029 in rent reimbursements, producing a net operating income of $90,469. With 40 parking spaces, Commercial Regional zoning, and convenient access to I-65, the property is well-positioned for continued retail success. Columbus, Indiana is a thriving community anchored by major employers such as Cummins Engine Company, Toyota Industrial Equipment, and Faurecia Gladstone, supporting a workforce of over 44,000 within a 15-minute drive. The surrounding Regal Park Plaza trade area features an array of national retailers, restaurants, and service providers, ensuring steady consumer traffic. With a median household income of $70,541 and a population base of over 84,000 in Bartholomew County, this fully leased shopping center offers stable cash flow and long-term upside for investors seeking well-located retail assets in a proven midwestern market.