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46,182sqft 4.8acre Redevelopment 1137 3rd Ave 46 182 pi² 100% Loué Commerce de détail Immeuble Terre Haute, IN 47807 1 744 900 $ CAD (37,78 $ CAD/pi²)
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FAITS SAILLANTS DE L'INVESTISSEMENT
- C-5 zoning offers maximum flexibility — ideal for retail, flex, or climate-controlled storage redevelopment.
- High-visibility corner site near downtown and ISU with 195 parking spaces and multiple access points.
- Potential state and local tax incentives may be available to support and enhance the redevelopment of this project.
- Large building footprints (±45,600 SF) allow cost-efficient conversion vs. new construction.
- Strong market fundamentals — rising demand for modern retail, service, and storage uses in Terre Haute’s growth corridor.
RÉSUMÉ DE L'ANNONCE
FOR SALE – Redevelopment Opportunity | 1140 Locust St & 1137 3rd Ave, Terre Haute, IN
Two adjoining commercial parcels totaling over 45,000 square feet of building space available for redevelopment in Terre Haute’s urban core. These properties will be sold together, offering a rare opportunity for a large-scale commercial project with exceptional flexibility and visibility.
Property Details:
- 1140 Locust St: Approx. 42,000 SF solid brick building, previously operated as a supermarket.
- 1137 3rd Ave: Approx. 3,600 SF brick building with excellent structural integrity.
- Zoning: C5 – wide-open commercial zoning allowing nearly all commercial uses (excluding multi-family).
- Total Acreage: Combined parcels provide ample space for redevelopment or outdoor storage.
Highlights:
- Excellent access and visibility in a central Terre Haute location.
- Strong structural bones—both buildings are solid brick construction, ideal for adaptive reuse.
- Perfect candidate for climate-controlled self-storage, flex industrial, retail redevelopment, or mixed commercial use.
- Large parking and lot area providing flexibility for additional storage or expansion.
- Multiple possible tax incentive available for developers.
Whether you’re an investor, developer, or owner-user looking for a versatile commercial site, these properties
provide the foundation for your next project.
Two adjoining commercial parcels totaling over 45,000 square feet of building space available for redevelopment in Terre Haute’s urban core. These properties will be sold together, offering a rare opportunity for a large-scale commercial project with exceptional flexibility and visibility.
Property Details:
- 1140 Locust St: Approx. 42,000 SF solid brick building, previously operated as a supermarket.
- 1137 3rd Ave: Approx. 3,600 SF brick building with excellent structural integrity.
- Zoning: C5 – wide-open commercial zoning allowing nearly all commercial uses (excluding multi-family).
- Total Acreage: Combined parcels provide ample space for redevelopment or outdoor storage.
Highlights:
- Excellent access and visibility in a central Terre Haute location.
- Strong structural bones—both buildings are solid brick construction, ideal for adaptive reuse.
- Perfect candidate for climate-controlled self-storage, flex industrial, retail redevelopment, or mixed commercial use.
- Large parking and lot area providing flexibility for additional storage or expansion.
- Multiple possible tax incentive available for developers.
Whether you’re an investor, developer, or owner-user looking for a versatile commercial site, these properties
provide the foundation for your next project.
FAITS SUR LA PROPRIÉTÉ
Type de vente
Investissement ou propriétaire utilisateur
Condition de vente
Projet de redéveloppement
Type de propriété
Commerce de détail
Sous-type de propriété
Taille du bâtiment
46 182 pi²
Classe d’immeuble
C
Année de construction
1980
Prix
1 744 900 $ CAD
Prix par pi²
37,78 $ CAD
Pourcentage loué
100%
Location
Multiples
Hauteur du bâtiment
1 étage
Quais de chargement
3 Extérieur
Coefficient d’occupation des sols de l’immeuble
0,22
Taille du lot
4,80 AC
Zonage
C5 - Commercial - Le zonage C-5 à Terre Haute permet une large gamme d'usages commerciaux, de bureaux, de services et d'industries légères, ce qui est idéal pour la réutilisation adaptative et le réaménagement.
Stationnement
190 places (4,11 places par 1 000 pi² loué)
Façade
290’ sur 3rd Avenue
PRINCIPAUX DÉTAILLANTS À PROXIMITÉ
Fifth Third Bank
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 566 698 $ CAD | |
| Évaluation du terrain | 130 269 $ CAD | Évaluation totale | 696 967 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
130 269 $ CAD
Évaluation des bâtiments
566 698 $ CAD
Évaluation totale
696 967 $ CAD
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46,182sqft 4.8acre Redevelopment | 1137 3rd Ave
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