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117 8th Ave NE

22.25 Acres of Commercial Land Offered at $1,650,000 in Demotte, IN 46310

Commercial Land Indiana Demotte 117 8th Ave NE, Demotte, IN 46310

Investment Highlights

  • All utilities are available at the site and property is zoned B-2 General Business District

Executive Summary

22.253 acres of land located on the north end of the Town of Demotte with 381' of frontage on State Highway 231 and 1338' of frontage on 8th Avenue. All utilities are available at the site and property is zoned B-2 General Business District. The existing buildings are not usable and will need to be demolished.
According to Flood Insurance Rate Maps, approximately 3.737 acres along the front portion of the site carries a Zone X classification indicating that portion of the property is determined to be outside the 0.2% annual chance floodplain. The remaining 18.816 acres is classified as Zone A, special flood hazard.
According to the US Department of Fish & Wildlife Wetland Mapper web site, the parcel does not contain any designated wetlands. Buyer to confirm.

Property Facts

Price $1,650,000 Property Subtype Commercial
Sale Type Investment or Owner User Proposed Use
Retail
  • Office
  • Hospitality
  • Self Storage
  • Agricultural
No. Lots 1 Total Lot Size 22.25 AC
Property Type Land
Price $1,650,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Office
  • Hospitality
  • Self Storage
  • Agricultural
Total Lot Size 22.25 AC

1 Lot Available

Lot

Price $1,650,000 Lot Size 22.25 AC
Price Per AC $74,157
Price $1,650,000
Price Per AC $74,157
Lot Size 22.25 AC

Nearly flat, currently used as residential and farmland

Description

Excellent visibility. North end of the town of Demotte. Transitional land.

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zoning

Zoning Code B-2 (General Business District)
B-2 (General Business District)
(815) 929-9381

  • Listing ID: 27587836

  • Date on Market: 1/25/2023

  • Last Updated:

  • Address: 117 8th Ave NE, Demotte, IN 46310

More public record information on 117 8th Ave NE, Demotte, IN 46310

The Land Property at 117 8th Ave NE, Demotte, IN 46310 is currently available For Sale. Contact McColly Bennett Commercial Advantage for more information.

Nearby Listings

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117 8th Ave NE, Demotte, IN for sale Primary Photo- Image 1 of 4
117th 8th Ave Demotte IN
117 8th Ave NE, Demotte, IN for sale Building Photo- Image 2 of 4
117th 8th Ave Demotte IN 2
117 8th Ave NE, Demotte, IN for sale Site Plan- Image 3 of 4
117 8th Ave - Alta Survey 2014-1 (002)

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117 8th Ave NE
(815) 929-9381 x

117 8th Ave NE

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Jeff Bennett

(815) 929-9381

(815) 929-9381

William Rathjen

(219) 313-5236

(219) 313-5236

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