510 Ohio StTerre Haute, IN 47807

  • Industrial properties
  • 49,256 SF
For Sale
$599,999 View listing

Property Details for 510 Ohio St

Year built
1901
Construction
WOOD
Lot size
0.54 AC
Property size (Sq ft)
49,256 SF
Property type
Industrial properties
Property subtype
Other warehouses
APN
84-06-21-476-015.000-002
APU
840621476015000002

Description

This exceptional 40,000+ square foot property located at 510 Ohio Street in Terre Haute, Indiana, presents a unique redevelopment opportunity. Currently designated as special purpose land, this expansive site offers significant potential for conversion into a mixed-use development. The existing structure boasts impressive features including post and beam construction with clear spans reaching up to 20 feet, showcasing its historical character. Much of the interior features original oak flooring, adding to its unique charm and potential for restoration. A large freight elevator is also present, providing significant logistical advantages for any future use. Situated in Vigo County, Indiana, with a zip code of 47807, this property is ideally positioned for a variety of commercial ventures. The substantial size and unique architectural elements make this an unparalleled opportunity for an investor seeking a landmark project with significant historical significance. The asking price for this remarkable property is $599,999. This is a chance to acquire a piece of Terre Haute history and transform it into a thriving commercial space. The property's location at 39.465746 latitude and -87.4108158 longitude offers excellent accessibility and visibility.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $8,616,816
    Hospitality
    $7,892,958
    Educational
    $6,566,848
    Medical
    $6,792,692
    Retail
    $10,215,097
510 Ohio St, Terre Haute, Indiana

Location Insight

City
Terre Haute
County
Vigo
State
Indiana
Latitude
39.4657
Longitude
-87.4106
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
$68,332
$137,800
$629,000
$766,800
-
$137,800
$629,000
$766,800

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