2550 N State Highway 7, North Vernon, IN 47265

$1,495,000
27,924
SqFt

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Property Description

INVESTMENT OPPORTUNITY - REAL ESTATE ONLY! Purchase with long-term commercial tenant already in place. Property also has approx. 6.5 additional acres to be developed. The plumbing supply store and barns have more than 27,000 sq. ft. The retail store has approx. 5,500 sq. ft retail showroom and 2,000 sq. ft. of office space. There are also two warehouse barns and 3.4 AC open lot which is currently used for plumbing pipe. The entire property totals more than 13.6 acres and is located next to the busiest intersection in Jennings County where Highway 50 and Highway 7 intersect. Also located 20 mins from the I-65 ramp and 30 mins from the I-74 ramp. Also an hours drive from Indianapolis, Cincinnati, and Louisville. The property is also located within city limits and has all major utilities including water, sewer, natural gas, and electric. The property also receives additional income from two separate billboards. If you're a commercial real estate investor this is a dream property.

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Courtesy of Tyler Stock with Coldwell Banker Martin Miller Lamb

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