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124 N 2nd St 13,908 SF Vacant Industrial Building Terre Haute, IN 47807 $729,000 ($52.42/SF)

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EXECUTIVE SUMMARY

Located just a few blocks from Indiana State University, this versatile block building offers a unique investment or owner-user opportunity in the heart of Terre Haute. The property is divided into two distinct units, allowing for multiple uses or tenants.
Unit 1 features six garage bays, ideal for automotive, storage, light industrial, or creative workspace uses.
Unit 2 offers a flexible retail space with an open showroom layout, plus a connected warehouse/storage area with convenient garage door access.
With its strategic location, flexible configuration, and proximity to downtown and campus foot traffic, this property is well-suited for redevelopment or continued commercial use.

124 N. 2nd St. (Sale) (1)

128 Without SF

124 without SF

PROPERTY FACTS

Price	$729,000	Rentable Building Area	13,908 SF
Price Per SF	$52.42	No. Stories	1
Sale Type	Investment or Owner User	Year Built	1946
Property Type	Industrial	Parking Ratio	2.16/1,000 SF
Property Subtype	Warehouse General Retail Storefront Retail/Office	Clear Ceiling Height	10’
Building Class	C	No. Drive In / Grade-Level Doors	4
Lot Size	0.62 AC	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M-2

Price	$729,000
Price Per SF	$52.42
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse General Retail Storefront Retail/Office
Building Class	C
Lot Size	0.62 AC
Rentable Building Area	13,908 SF
No. Stories	1
Year Built	1946
Parking Ratio	2.16/1,000 SF
Clear Ceiling Height	10’
No. Drive In / Grade-Level Doors	4
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	M-2

Gas - Natural
Water - City
Sewer - City
Heating - Electric

SPACE AVAILABILITY

SPACE
SIZE
SPACE USE
CONDITION
AVAILABLE

1st Floor
7,500 SF
Industrial
Partial Build-Out
Now

124 N 2nd St, Terre Haute, IN for sale Building Photo- Image 1 of 5 — Building Photo

124 N 2nd St, Terre Haute, IN for sale Interior Photo- Image 2 of 5 — Interior Photo

124 N 2nd St, Terre Haute, IN for sale Interior Photo- Image 3 of 5 — Interior Photo

124 N 2nd St, Terre Haute, IN for sale Interior Photo- Image 4 of 5 — Interior Photo

124 N 2nd St, Terre Haute, IN for sale Building Photo- Image 5 of 5 — Building Photo

Large, open industrial style space available for lease. 7,500 SF/$3000 month + utilities (CAM charges included in rent). Space includes 4 overhead doors, high ceilings and open floor plan. Perfect for an auto garage or for a cross-fit style gym or other industrial businesses. Lots of potential!

Space	Size	Space Use	Condition	Available
1st Floor	7,500 SF	Industrial	Partial Build-Out	Now

Size

7,500 SF

Space Use

Industrial

Condition

Partial Build-Out

Available

Now

1 of 5

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Walk Score®

Very Walkable (74)

Bike Score®

Very Bikeable (83)

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PROPERTY TAXES

Parcel Numbers	Multiple 84-06-21-408-004.000-002 84-06-21-408-005.000-002 84-06-21-408-006.000-002	Improvements Assessment	$82,600
Land Assessment	$40,300	Total Assessment	$122,900