Prime mixed-use building on Main Street, New Palestine. Retail shop on the first floor, bustling with foot traffic. Second floor features a 2-bed, 1-bath apartment, currently leased out. Ideal for entrepreneurs and investors looking for a strategic location and rental income opportunity.
Excellent opportunity to own commercial property in a PRIME location along US 52 in booming Southern Hancock Co. Approx. 3200sqft between 2 buildings. Main structure has 2 restrooms, reception area, and includes approx. 1700sqft of space. Updates include a new roof in 2016 & HVAC in 2017. Second building has 2 restrooms, a kitchenette area, and additional office space with approx. 1500sqft of space including the 2-car garage bay. The upper floor provides the potential for additional income-producing opportunities. Near established medical plaza and retail shopping centers. Commercial Neighborhood Zoning allows for numerous retail&office uses including spa, office, food/restaurant. Take advantage of High Visibility with over 12,500 avg daily traffic. Direct access to US 52 with approx. 190ft of frontage. Be a part of the growth of Hancock Co.!
New Palestine is located in Indiana. New Palestine, Indiana has a population of 2,142. New Palestine is more family-centric than the surrounding county with 36.38% of the households containing married families with children. The county average for households married with children is 34.77%.
The median household income in New Palestine, Indiana is $74,750. The median household income for the surrounding county is $70,973 compared to the national median of $57,652. The median age of people living in New Palestine is 36.9 years.
The average high temperature in July is 84.1 degrees, with an average low temperature in January of 18.5 degrees. The average rainfall is approximately 43 inches per year, with 20.6 inches of snow per year.