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Mitchell, IN Specialty Properties for Sale

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Industrial Property with NNN Lease
Updated: Jun 16
Industrial Property with NNN Lease

240 South Meridian Road, Mitchell, IN 47446

Contact for pricing
78,361 sqft 7.53 AC lot
Freestanding industrial facility built in 1980 on an estimated 7.53‑acre parcel
Approximately 78,000 rentable SF of building space
20‑year Triple Net (NNN) lease with commencement upon close of escrow
Current annual rent is $560,625 with 2.00% scheduled annual increases
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Based on your search, we've compiled 14 Potential Opportunities for your consideration. Besides 1 Active listings in Mitchell, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 8 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Tractor Supply-Anchored Shopping Center
Tractor Supply-Anchored Shopping Center

889 N Gospel St, Paoli, IN 47454

$2,670,000
43,910 sqft 6.02 AC lot

Fully occupied neighborhood retail property with triple-net leases and extended tenant commitments.

View details
Wedding Venue With Commercial Kitchen
Wedding Venue With Commercial Kitchen

2547 N State Road 37, Paoli, IN 47454

$797,900
16,459 sqft

Two-building property combines event space, restaurant infrastructure, outdoor gathering areas, and on-site living quarters.

View details
Specialty Property with Basement
Specialty Property with Basement

2129 H Street, Bedford, IN 47421

$1,934,000
2,240 sqft 0.25 AC lot

Central air serves the building, which also includes a basement.

View details
Specialty Property with Central Air
Specialty Property with Central Air

1611 L Street, Bedford, IN 47421

$1,934,000
840 sqft 0.04 AC lot

Central air conditioning is installed in this Bedford property.

View details

Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Bloomington Commercial Land Opportunity
Bloomington Commercial Land Opportunity

S Rockport Road, Bloomington, IN 47403

$285,000
6.34 AC lot

6.34 acres of commercial land zoned for various uses.

View details

Off-Market Properties in Mitchell, IN

Consider similar Off-Market properties in Mitchell, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1016 Main St
FUNERAL HOME

1016 Main St, Mitchell, IN 47446-1333

Estimated value:
$320,000
10,889 sqft 0.70 AC lot
View details
Warren St
CHARITABLE ORGANIZATION

Warren St, Mitchell, IN 47446

Estimated value:
$240,000
0.15 AC lot
View details
502 Warren St
CHARITABLE ORGANIZATION

502 Warren St, Mitchell, IN 47446-1449

Estimated value:
$275,000
1,390 sqft 0.20 AC lot
View details
State Rd 37
CHARITABLE ORGANIZATION

State Rd 37, Mitchell, IN 47446

Estimated value:
$205,000
6.00 AC lot
View details
Persimmon Park
CHARITABLE ORGANIZATION

Persimmon Park, Mitchell, IN 47446

Estimated value:
$245,000
0.21 AC lot
View details
Main St
CHARITABLE ORGANIZATION

Main St, Mitchell, IN 47446

Estimated value:
$265,000
1.95 AC lot
View details
6th St
CHARITABLE ORGANIZATION

6th St, Mitchell, IN 47446

Estimated value:
$245,000
0.08 AC lot
View details
Mississippi Ave At S 5th St
CHARITABLE ORGANIZATION

Mississippi Ave At S 5th St, Mitchell, IN 47446

Estimated value:
$260,000
0.95 AC lot
View details

Mitchell, IN Specialty Properties Market Trends and Statistics

Explore 9 specialty properties for sale in Mitchell, IN on our real estate platform. These investment opportunities span a total of 78,361 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

NNN properties 1

Demographics Overview

Population 9,259
Population Growth (5Y) -12.4%
Median Household Income $53,182
College Educated 28.0%

Taxes & Financing

Tax Rate (average for all types) 1.75%
Property Tax per SF $41.11 per SF
Tax Rate vs County Average 0.65 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Lawrence County

New Delisted

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