1238 N McKinley Avenue Rensselaer, IN $ 299,000
1238 N McKinley Avenue
$ 299,000
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1238 N McKinley Avenue

Rensselaer, IN, 47978
$ 299,000
Bedrooms-- Baths-- Sq 3,799

Monthly Estimate*

$ 1,841

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Commercial Property for sale in Rensselaer, IN

for $299,000. This 3,799 square foot building was built on a lot size of 1.32.

LOCATION! LOCATION! LOCATION! 400 FEET OF FRONTAGE AT THE PRIMEST LOCATION ON THE NORTH SIDE! IT'S A GREAT CORNER LOT AT A HIGH TRAFFIC BUSINESS LOCATION on the MAIN DRAG of the north side of Rensselaer! 7 contiguous lots that include buildings at TWO addresses, 1238 and 1242 N McKinley along Highway 231 (North McKinley Ave that intersects with a main alternate route from downtown Rensselaer (Merritt St). Perfect location to create the business plan of your choice using existing buildings or new construction. One cement block 80-35 feet cement block building at 1242 with the back half a garage area built in 1955, the other an old service station at 1238 built in 1925 Both have good, recently replaced metal roofs. Broker owned. The service station has had an IDEM conditional No Further Action Letter issued. NOTE: Drive in middle is PRIVATE and can be closed if new owner chooses. Owner just lets the property owner to the west use the private drive. Seller will consider any REASONABLE offer.

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Commercial Active

Price

$ 299,000

Property Type

Commercial

Taxes

$ 2,072

Style

Retail

Lot Size

1.32

Town/City

Rensselaer

County/Region

Jasper

MLS | Web ID

21918234

Features
General
Heating Natural Gas
Utilities Electricity Connected Water Connected Natural Gas Connected Sewer Connected See Remarks
Possession Negotiable
Roof Metal
Zoning BUFF Buffer Zone
Electric 200+ Amp Service 220 Volts in Workshop
Township Marion
Property Subtype Retail
Tax Year 2024
Current Use See Remarks
Building Name YEO
County Jasper
New Construction N
Property Type Commercial Sale
Subdivision Name Yeo
Facing Direction East
Possible Use Auto Misc Auto Dealer Industrial See Remarks
Status Active
Directions Follow McKinley Avenue (HWY 231) north from uptown Rensselaer to the intersection of N McKinley Ave and Merritt St. Property begins on the NW corner.
City Rensselaer
High School District Rensselaer Central School Corp
MLS Area 3709 - Jasper - Marion
Lot Size Square Feet 57369
Standard Status Active
Tax Lot 1 4 5 8 9 12 13
Legal Description YEOMANS ADD LOT 1 4 5 8 9 12 & 13 E 1/2 S 1/2 PRAIRIE ST BTW MCKINLEY AVE & WESTON ST. .067A
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Exterior
Building Area Total 3799
Lot Size Acres 1.32
Road Surface Type Asphalt
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* Excluded Features
List By
Harrison 202 Llc

Broker

grant@harrison202.com

Email

Affordability Calculator

$2,014
Per Month
91%
9%
0%
Monthly Principal & Interest
$1,841
Monthly Property Taxes
$173
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5206133 Elementary School
5332828 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/5/2025$299,000 Listed Price

Map


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1238 N McKinley Avenue, Rensselaer, IN, 47978 is a Commercial Property for sale at $299,000 with 3,799 sqft and a lot size of 1.32. The property's zip code is 47978 which is in Rensselaer, IN