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Listed by Zachary Nichols • RE/MAX Cornerstone
$150,000
Est. payment /mo
10,454 Sqft Lot
Active
221 E Pat Rady WAY Bainbridge, IN 46105
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Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision No Subdivision
MLS Listing ID 22048843
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Unimproved Land
Property Description
Prime 0.24-acre commercial lot in Bainbridge, Indiana, boasting over 135 feet of road frontage along bustling US Highway 36, just minutes from rapidly growing Danville, currently thriving as a car dealership with over $900,000 in inventory sales annually for the past two years and on track to exceed $1 million this year. The property features a high-visibility 5'x10' multipurpose advertising sign, a 35-foot flagpole with a 19'x10' American flag, and a 3-year-old, insulated 12'x7' utility shed serving as an office, complete with power, WiFi, electricity, heating, and cooling. Multiple power connections across the lot enhance operational flexibility. The seller's "buy here, pay here" financing model, with loans and inventory, is excluded from the lot sale but negotiable for a full business purchase. Ideal for continuing as a dealership or redeveloping for retail or service businesses, this high-traffic lot offers proven revenue potential in a region experiencing Danville's dynamic growth.
Location
State IN
County Putnam
Zoning C2 General Commercial
Interior
Fireplace N
Building
Sewer Not Applicable
New Construction false
Schools
School District North Putnam Community Schools
Others
Acceptable Financing Not Applic
Listing Terms Not Applic
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