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Investment Highlights

  • HIGH TRAFFIC LOCATION
  • Versatile space
  • GOOD Visibility with plenty of road frontage on US Highway 31

Executive Summary

Commercial opportunity with potential at 2287 N US Hwy 31 in Austin, Indiana! This 3,024 sq. ft. commercial building sits on over an acre and offers prime highway frontage for maximum exposure and visibility. In addition to the commercial space, the property features living quarters in the center of the building with 2 bedrooms and 1 bathroom, currently tenant-occupied at $830/month, creating immediate income potential or flexibility for owner occupancy. Many items on the property are negotiable, including materials and the lumber rack. Also included is a 30x40x12 pole barn featuring concrete floors, electric, a loft, and a 12x40 lean-to. Whether you're looking for a business location, investment opportunity, or live/work setup, the possibilities are endless!

Taxes & Operating Expenses (Actual - 2025)

Annual Annual Per SF
Taxes $1,633 $0.54
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2025)

Taxes
Annual $1,633
Annual Per SF $0.54
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $1,633
Annual Per SF $0.54

Property Facts

Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,024 SF
Building Class
C
Year Built/Renovated
1970/2022
Price
$270,000
Price Per SF
$89.29
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.97 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100

Property Taxes

Property Taxes

Parcel Number
72-05-06-700-049.001-002
Land Assessment
$16,500
Improvements Assessment
$50,400
Total Assessment
$66,900
Annual Taxes
$1,633 ($0.54/SF)
Tax Year
2025 Payable 2026
  • Listing ID: 40567892

  • Date on Market: 5/18/2026

  • Last Updated:

  • Address: 2287 N US Highway 31, Austin, IN 47102

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