727 Ohio St - Sports and Entertainment FOR SALE


Terre Haute, IN 47807
$400,000 USD
317-809-4567
727 Ohio St, Terre Haute, IN for Sale
$400,000 USD
Sports and Entertainment - FOR SALE
1/20
null | Request Cap Rate

727 Ohio St
Terre Haute, IN 47807


HIGHLIGHTS

  • Great location in DT Terre Haute – Near Indiana State & just 2 blocks from the Hulman Center
  • Only 1 block from the new, 41,000 sq. ft. convention center (opened April 2022) & near many other new developments in the area
  • The building has a beautiful, historic nature, and it’s on the National Historic Registry. However, there are no historical restrictions.
  • Great potential to be used As-Is, or take advantage of the existing structure with an Adaptive Reuse
  • With two parking garages less than 2 blocks away and two other garages being constructed nearby, there’s more than ample parking when needed

OVERVIEW

Known as the Hippodrome, this 28,000 sq. ft. property offers great opportunity to be used as-is or to take advantage of the existing structure with Adaptive Reuse. Located downtown Terre Haute, it's just one block from the new convention center (opened April 2022), two blocks from the Hulman Center, and near Indiana State University. The theatre was designed by John Eberson in the German Renaissance style featuring symmetrical towers, terra cotta medallions & brackets, and more. It was his third theatre and prior to his "atmospheric" designs. The Hippodrome was first used as a vaudeville theatre, then a motion picture house, and later a community theatre before being purchased by the Scottish Rite Freemasons in the 1950's where it had since been used for their ceremonies and private performances. This beautiful building provides great opportunity in a continuously developing area. *Additional drawings and documentation available upon request.

FOR SALE DETAILS

PRICE

$400,000 USD

PRICE/SF

$13 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Sports and Entertainment

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

13

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,000 SF

ZONING

499- Commercial

APN/PARCEL ID

84-06-22-355-005.000-002

ASK ABOUT THIS PROPERTY

Bob LindgrenLee & Associates - IndianapolisMore Info
317-809-4567

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Bob LindgrenLee & Associates - IndianapolisMore Info
317-809-4567

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.