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2550 N State Highway 7

North Vernon, IN 47265
  • $1,495,000
  • STATUS: Pending
  • ON SITE: 31 Days
  • MLS #: 22106901
Under Contract
UPDATED: 16 min ago
$1,495,000
  • 0
    BEDS
  • 13.63
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1973
County:

School Information

Description

INVESTMENT OPPORTUNITY - REAL ESTATE ONLY! Purchase with long-term commercial tenant already in place. Property also has approx. 6.5 additional acres to be developed. The plumbing supply store and barns have more than 27,000 sq. ft. The retail store has approx. 5,500 sq. ft retail showroom and 2,000 sq. ft. of office space. There are also two warehouse barns and 3.4 AC open lot which is currently used for plumbing pipe. The entire property totals more than 13.6 acres and is located next to the busiest intersection in Jennings County where Highway 50 and Highway 7 intersect. Also located 20 mins from the I-65 ramp and 30 mins from the I-74 ramp. Also an hours drive from Indianapolis, Cincinnati, and Louisville. The property is also located within city limits and has all major utilities including water, sewer, natural gas, and electric. The property also receives additional income from two separate billboards. If you're a commercial real estate investor this is a dream property.

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© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Nate Vanpelt | eXp Realty, LLC.

Based on information submitted to the MLS GRID as of 2026-07-14T09:25:03.23. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
www.myindyhome.com/homes/177668421
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2550 N State Highway 7 North Vernon, IN 47265

  • Price: $1,495,000
  • Status: Pending
  • On Site: 31 Days
  • Updated: 16 min ago
  • MLS #: 22106901
0
Beds
0
Baths
0
½ Baths
13.63
Acres
1973
Built
Neighborhood:
4005 - Jennings - Center
County:
Jennings
Area:
4005 - Jennings - Center
Middle School:
Jennings County Middle School
High School:
Jennings County High School
School District:
Jennings County Schools
Property Description
INVESTMENT OPPORTUNITY - REAL ESTATE ONLY! Purchase with long-term commercial tenant already in place. Property also has approx. 6.5 additional acres to be developed. The plumbing supply store and barns have more than 27,000 sq. ft. The retail store has approx. 5,500 sq. ft retail showroom and 2,000 sq. ft. of office space. There are also two warehouse barns and 3.4 AC open lot which is currently used for plumbing pipe. The entire property totals more than 13.6 acres and is located next to the busiest intersection in Jennings County where Highway 50 and Highway 7 intersect. Also located 20 mins from the I-65 ramp and 30 mins from the I-74 ramp. Also an hours drive from Indianapolis, Cincinnati, and Louisville. The property is also located within city limits and has all major utilities including water, sewer, natural gas, and electric. The property also receives additional income from two separate billboards. If you're a commercial real estate investor this is a dream property.
Exterior Features

Parking Features Common Road Access Street Cuts Road Frontage Type Highway Road Surface Type Asphalt Roof Metal View City View YN Yes

Interior Features

Building Area Total 27924 Ceiling Height 16

Property Features

Acres 10-20 Acres Current Financing Exchange - 1031Conventional Current Use Retail Divisible Yes Dpr YN No Multi Tenants No Net Operating Income 93458 New Construction YN No Possession Negotiable Possible Use Retail Property Sub Type Retail Retail Type Free Stand Semi Annual Property Tax Amt 3699 Space Available 0 Sprinkler None Tax Year 2025 Township Center Transaction Type Sale Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Zoning Commercial and Ag

Listing provided courtesy of Coldwell Banker Martin Miller Lamb: . © 2026 Metropolitan Indianapolis Board of REALTORS®. Information Deemed Reliable But Not Guaranteed.


© 2026 Metropolitan Indianapolis Board of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the BLC® listing service or Nate Vanpelt | eXp Realty, LLC.

Based on information submitted to the MLS GRID as of 2026-07-14T09:25:03.23. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Click here for MLS GRID DMCA Notice
 
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Nate Vanpelt | eXp Realty, LLC
9465 Counselors Row
Indianapolis IN, 46240