1632 S State Road 101 Dillsboro, IN 47018
4.72
Acres
$425,000
MLS# 205155
0
4.72 AC
More About 1632 S State Road 101
4.7 acres in a high visibility location at the intersection of US 50 & SR 101 with a daily traffic count of 9,722. The highest and best use of the site will be the eventual redevelopment for another commercial use; would be an excellent location for a 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 that could be used for retail, office or warehouse. Building 3 is 784 sq ft and is divided up into 10 mini self-storage units, all with exterior access. All of the units on the property are currently vacant allowing the next owner to set it up however they desire! This is a great investment property to produce income until you are ready to break ground on a future redevelopment!
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Information Refreshed: 6/20/2025 1:22 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
This 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 6/18/2025 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 6/18/2025 from Freddie Mac Primary Mortgage Market Survey. Contact a loan officer for actual rate/payment quotes.

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