New Palestine IN Commercial for Sale

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Type:
Mixed Use
Sq.Ft.:
1,840
Status:
Active
Beds:
n/a
Lot size:
0.05 Acres
Year built:
1900
Baths:
MLS#:
21976924

ADDITIONAL INFORMATION

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.

Type:
Retail
Sq.Ft.:
3,200
Status:
Active
Beds:
n/a
Lot size:
0.78 Acres
Year built:
1956
Baths:
MLS#:
21930162

ADDITIONAL INFORMATION

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.!

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176

The information is being provided by Metropolitan Indianapolis Board of REALTORS®. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. © 2024 Metropolitan Indianapolis Board of REALTORS®. All Rights Reserved.




New Palestine Real Estate

The median home value in New Palestine, IN is $379,950. This is higher than the county median home value of $176,100. The national median home value is $219,700. The average price of homes sold in New Palestine, IN is $379,950. Approximately 80.41% of New Palestine homes are owned, compared to 10.08% rented, while 9.51% are vacant. New Palestine real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a New Palestine real estate agent to arrange a tour today!

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.

New Palestine Weather

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.

New Palestine Real Estate Market Conditions

  • Median sales price

    $379,950
    13.39% change since last quarter
  • # Active listings

    31
    30-day change

New Palestine Schools and Demographics

Education near New Palestine, IN

Metric City County
High School Graduates 95.43 93.86
College Degree - 2 year 8.92 9.78
College Degree - 4 year 35.12 30.11
Graduate Degree 8.42 7.96
Expenditures per Student 8,459 9,517
Students per Teacher 24.3 19.9

Elementary Schools near New Palestine, IN

School Grades Students P/T Ratio ZIP
Brookview Elementary School KG - 04 578 20.6 46229
Eastridge Elementary School KG - 04 465 20.2 46229
Grassy Creek Elementary School KG - 04 420 19.1 46239
Lakeside Elementary School KG - 04 596 22.1 46229
Liberty Park Elementary School KG - 04 495 20.6 46239
Lillie Idella Kitley Elementary PK - 05 1,159 21.5 46259
Lowell Elementary School KG - 04 581 22.4 46239
Mary Adams Elementary School KG - 05 514 19 46259
New Palestine Elementary School PK - 06 602 30.9 46163
South Creek Elementary School KG - 05 695 21.1 46259
Sugar Creek Elementary School PK - 06 786 27.6 46163
Sunny Heights Elementary School KG - 04 475 19.8 46229
Thompson Crossing Elementary School KG - 05 609 19.6 46239
Triton Central Elementary School PK - 04 540 23.5 46126
Warren Early Childhood Center PK - PK 261 65.3 46229

Middle Schools near New Palestine, IN

School Grades Students P/T Ratio ZIP
Creston Intermediate Academy 05 - 06 593 22.8 46239
Creston Middle School 07 - 08 633 18.6 46239
Doe Creek Middle School 07 - 08 571 22.8 46163
Franklin Township Middle School East 06 - 08 1,205 19.4 46259
Franklin Township Middle School West 06 - 08 890 18.5 46239
Raymond Park Intermediate School 05 - 06 604 23.2 46239
Raymond Park Middle School 07 - 08 624 19.7 46239
StonyBrook Intermediate Academy 05 - 06 561 20 46229
StonyBrook Middle School 07 - 08 627 17.1 46229
Triton Central Middle School 05 - 08 442 17.7 46126

High Schools near New Palestine, IN

School Grades Students P/T Ratio ZIP
Franklin Central High School 09 - 12 2,503 22.8 46259
New Palestine High School 09 - 12 1,096 22.8 46163
Triton Central High School 09 - 12 458 19.9 46126
Warren Central High School 09 - 12 3,602 24.5 46229

Ungraded Schools near New Palestine, IN

School Grades Students P/T Ratio ZIP
Walker Career Center PK - 12 0 46229

Demographics near New Palestine, IN

Metric City County
Neighborhood Type Suburban
Population 2,142 72,776
Population Density 1,229 238
Median Age 36.9 40.2
People per Household 2.7 2.6
Median Household Income 74,750 70,973
Average Income per Capita 33,001 31,428