Property summary
This exceptional commercial property, located at 788 S 3rd Street in Terre Haute, Indiana, presents a unique investment opportunity. Situated on approximately one acre of land (43,560 sq ft) in the heart of downtown Terre Haute, this office building boasts 13,058 square feet of versatile space. Currently configured with multiple private offices, two break rooms/kitchens, and a variety of meeting spaces to accommodate diverse needs, the building also includes five restrooms and a convenient elevator. A large reception area and open workspace provide ample room for collaboration and individual work. The property includes 70 existing parking spaces with potential for additional parking. The building's location on US Highway 41 ensures high visibility and accessibility. Previously utilized as an office building with additional rentable suites, this property offers significant potential for a variety of commercial uses. The substantial lot size and existing infrastructure make this a highly attractive investment opportunity in a thriving downtown location. The asking price is $885,000.
Property profile
VerifiedCap rate & NOI
Current use
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Real Estate Agency
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Physician
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Real Estate Agency
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Real Estate Agency
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Real Estate Agency
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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