For Sale
$300,000

401 Merrill StFortville, IN 46040

Historic Downtown Office, Owner-User Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
114
This 1,472 square foot executive office building, located at 401 S Merrill St in Fortville, Indiana, presents a unique owner-user or redevelopment investment opportunity. Built in 1910, this Class B property sits on a 0.357-acre lot and boasts a prime location in the heart of downtown Fortville, a rapidly growing area of Hancock County. Currently vacant, the building offers excellent visibility on US 36/W Broadway Street, a main thoroughfare with high traffic counts (13,327 AADT). The property is zoned CC, with a commercial zoning variance. Eight parking spaces are available directly in front, with additional parking in a rear lot (20 spots). The asking price is $300,000, translating to $203.80 per square foot. The two-story building offers great potential for a business seeking a prominent downtown location, with the possibility of additional parking by removing a small outbuilding. The property's proximity to a vibrant downtown area, featuring local restaurants, breweries, boutiques, and national tenants, adds to its appeal. This is a rare chance to acquire a historic building with significant redevelopment potential in a thriving Indiana community.

Highlights

  • 1,472 SF executive office building on a 0.357-acre lot in downtown Fortville, IN.
  • Class B building, built in 1910, currently vacant.
  • High-traffic location on US 36/W Broadway Street (13,327 AADT).
  • CC zoning with commercial variance; 28 total parking spaces (8 front, 20 rear).
  • Asking price: $300,000 ($203.80/SF).
  • Significant redevelopment potential in a growing downtown area.

Property Details for 401 Merrill St

Property type
Office properties
Square Feet
1,472 SF
Class
B
Year Built
1910
Buildings
1
Stories
2
Lot Size (sq. ft)
15,551 SF

Location Insight

City
Fortville
County
Hancock
State
Indiana
Latitude
39.930912
Longitude
-85.8484321
401 Merrill St, Fortville, Indiana

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401 Merrill St
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