1632 S State Road 101 Dillsboro, IN 47018
4.72
Acres
$425,000
MLS# 205155
0
4.72 AC
Received 05/30/2025
More About 1632 S State Road 101
4.7 acres in high traffic and visibility location at intersection of US 50 & SR 101. Highest and best use will be eventual redevelopment for another commercial use, would be an excellent location for large gas station and convenience store. Until then, the property has multiple income sources with 3 buildings. Building 1 is two units in excellent condition with a residential apartment on the first floor and a professional office on the second floor totaling 1,287 sq ft. Building 2 needs some work but is a 2,400 sq ft muti-purpose single story building that could be used for retail, office or warehouse. Building 3 is divided up into 10 mini cold self-storage units, all with exterior access. The all units on the property are currently vacant allowing the next owner to set it up however they desire! This is great investment property to produce income until you are ready to break ground on a future redevelopment!
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Information Refreshed: 5/31/2025 6:32 PM
Property Details
MLS#:
205155Type:
Commercial InvestmentCounty:
RipleyAge:
80Construction:
Wood Siding, Metal SidingCooling:
Central AirFlooring:
Concrete, Tile, CarpetGas:
NaturalHeat:
Forced Air, Gas, IndividualParking:
Concrete, Gravel, On StreetSewer:
Septic TankWater:
Public
Online Views:
0This listing courtesy of Andrew Lohmiller (812) 584-6880 , Lohmiller Real Estate (812) 537-1023
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*The rates & payments shown are illustrative only.
Payment displayed does not include taxes and insurance. Rates last updated on 5/29/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.
Payment displayed does not include taxes and insurance. Rates last updated on 5/29/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.

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