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    727 Ohio St Terre Haute, IN 47807

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    727 Ohio St Terre Haute, IN 47807


    • Office properties & Spaces
    • 28,064 SF
    • 0.30 lot acres
    Historic Theater Near Convention Center For Sale
    $400,000
    28,064 SF

    Historic Theater Near Convention Center

    1,400-seat theater near convention center with adaptive reuse potential.

    727 Ohio St, Terre Haute, IN 47807
    View Listing
    Property ID
    US31-1966919
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Ancient And Accepted Scottish Rite Cathedral / Church / Mosque

    Property Details for 727 Ohio St

    Year built
    1927
    Construction
    WOOD
    Lot size
    0.30 lot acres
    Property size
    28,064 SF
    Property type
    Office properties & Spaces
    APN
    84-06-22-355-005.000-002
    APU
    840622355005000002

    Description

    This exceptional 28,064-square-foot special purpose property, located at 727 Ohio St, Terre Haute, IN 47807, presents a unique investment opportunity. The Hippodrome Theatre, a beautifully preserved 1,400-seat venue built in 1927, is listed on the National Register of Historic Places, though currently without any restrictive covenants. This two-story building sits on a 0.3-acre lot and boasts 13 parking spaces, a significant advantage given its proximity to the Convention Center (one block) and Hulman Center (two blocks). The property's vacant status allows for immediate occupancy and offers exciting possibilities for adaptive reuse, capitalizing on its prime location near Indiana State University. The asking price is $400,000, translating to $14.25 per square foot. The property features a single unit with 28,064 square feet of net rentable space, zoned for commercial use (499-Commercial). While lacking loading docks or dock-high doors, its central location and historical significance make it an attractive proposition for a variety of commercial ventures. The abundant parking options within two blocks further enhance its appeal. APN: 84-06-22-355-005.000-002.


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    Location Insight

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    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.406
    Latitude
    39.4651
    CBSA code
    45460
    CBSA name
    TERRE HAUTE, IN METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $3,222
    $15,000
    $86,900
    $101,900
    -
    $15,000
    $86,900
    $101,900
    View Listing
    More about this property
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