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500 E 5th St
Connersville, IN 47331

Admiral Petroleum · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Convenience Store
Building Size
719 SF
Year Built
2005
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.51 AC

About 500 E 5th St , Connersville, IN 47331

The subject investment property is situated on E. 5th Street, which boasts average daily traffic counts exceeding 19,460 vehicles respectively. Intersecting with E. 5th Street is N. Eastern Avenue, which brings an additional 12,660 vehicles into the immediate area on average daily. There are more than 19,115 individuals residing within a five-mile radius of the property and more than 26,880 individuals within a ten-mile radius. The subject property is well-positioned in an urban infill consisting of several national and local tenants. Surrounding major retailers include: Advance Auto Parts, Family Dollar, Hardee’s, Wendy’s, Little Caesars, as well as many others. This Admiral property also benefits from being situated within a two-mile radius of several academic institutions. The most notable is Connersville Senior High School, which has a total enrollment exceeding 1,115 students. Fayette Regional Health System, a 57-bed, medical facility accredited by the American Hospital Association and American Osteopathic Association, is located within a 1.5-mile radius. Additionally, the subject property is less than five miles from Mettel Field, a public airport with an average of 67 aircraft operations per week. Connersville is the county seat of Fayette County and is located in east central Indiana, 66 miles east by southeast of Indianapolis. The city is home to the county’s one and only high school and the economy is supported by local manufacturing, retail, and healthcare. The largest employers in Connersville are Stant, Walmart, and GE Energy, followed by various retail establishments and schools. Wayzata Home Products Connersville, a unit of 6 Square Cabinet Co. based in Minnetonka, Minnesota, began production in March 2014 and is currently expanding rapidly in town. Fayette County Public Library is located in the city, there is a golf course west of town known as Willowbrook Country Club, and there is an indoor movie theater in the city as well (Showtime Cinemas). For outdoor types, there is overnight and long-term camping at the Whitewater River Campground south of town. The Heritage MusicFest takes place every year in June at the campground and features local bands ranging in style from bluegrass to rock performances. Connersville is also home to Robert’s Park, located in the northeast corner of town. This park contains a public pool, community center, grandstand and racetrack. It also hosts the annual Fayette County Free Fair, a week-long event held late in the summer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
21-05-25-200-010.000-003
Land Assessment
$127,500
Improvements Assessment
$84,900
Total Assessment
$212,400
  • Listing ID: 15801472

  • Date on Market: 4/22/2019

  • Last Updated:

  • Address: 500 E 5th St, Connersville, IN 47331

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