4051 Margaret AveTerre Haute, IN 47803

Property Details for 4051 Margaret Ave

Lot size

4.31 AC

Property size (Sq ft)

1,900 SF

Property type

Specialty properties

Property subtype

Land

Description

This exceptional 4.31-acre commercial land parcel in Terre Haute, Indiana, presents a remarkable investment opportunity. Located at 4051 Margaret Ave, 47803, this 1,900 square foot property boasts prime visibility and accessibility, situated directly across from a newly developed casino. Its strategic location offers unparalleled exposure to high traffic volume, making it ideal for a variety of commercial ventures. The property's versatility extends beyond its immediate potential; its proximity to Interstate 70 provides exceptional access for businesses seeking high visibility and convenient transportation links. The expansive lot size allows for significant development possibilities, catering to a wide range of commercial uses, from retail and dining establishments to entertainment venues. The existing structure offers a unique opportunity for immediate income generation, potentially as an Airbnb or event space, capitalizing on the influx of visitors to the nearby casino. Furthermore, the possibility of acquiring an adjacent 12-acre parcel (sold separately) with additional I-70 frontage significantly enhances the long-term growth potential of this investment. This property represents a rare chance to secure a highly desirable commercial location with exceptional visibility and future development prospects in a thriving area.

Location Insight

City

Terre Haute

County

Vigo

State

Indiana

Latitude

39.4333

Longitude

-87.3546

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