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507 S College Avenue Rensselaer, IN $ 325,000
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$ 325,000 Get more info
507 S College Avenue
$ 325,000
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Share Save

507 S College Avenue

Rensselaer, IN, 47978
$ 325,000
Bedrooms-- Baths-- Sq 5,000

Monthly Estimate*

$ 2,028

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Commercial Property for sale in Rensselaer, IN

for $325,000. This 5,000 square foot building was built in 1963 on a lot size of 0.21.

Unlock the potential of your business with this impressive 5,000 sq ft commercial building located in a high-visibility, prime location. Featuring an open floor plan, this space offers the flexibility to customize the layout to fit a variety of business needs; from retail and service-based industries to office use.Recent updates include a HVAC system in 2025 and a metal roof for low-maintenance peace of mind. The property also includes a separate enclosed office space for administrative or managerial use, as well as an attached warehouse/storage area for convenient inventory or equipment access.Whether you're expanding your operation or launching a new venture, this space delivers functionality, exposure, and value. Schedule a tour today and bring your vision to life!

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Commercial Active

Price

$ 325,000

Property Type

Commercial

Taxes

$ 1,983

Style

Business

Lot Size

0.21

Year Built

1963

Town/City

Rensselaer

County/Region

Jasper

MLS | Web ID

823038
Features
Interior
Interior Amenities None
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General
Sewer Public Sewer
Heating Forced Air
Utilities Electricity Connected Sewer Available Water Connected Natural Gas Connected
Appliances None
Year Built 1963
Electric 100 Amp Service
Township Marion
Property Subtype Business
Tax Year 2024
County Jasper
Property Type Commercial Sale
Building Features Exterior Lighting
Status Active
Directions SR 10 East to SR 231. Follow SR 231 South through downtown Rensselaer. Property is just before the light at Parks Dr; situated on east side of 231.
City Rensselaer
Zoning Description Business
Lot Size Square Feet 9147.6
Listing Terms Cash Conventional
Tax Annual Amount 1983
Standard Status Active
Legal Description COLLEGE PARK LOT 3 N 7' LOT 2
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Exterior
Exterior Amenities None
Parking Features Asphalt Off Street Paved Gravel
Lot Features Paved
Water Source Public
Total Parking 8
Lot Size Acres 0.21
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Nicole Mathew

Listing Agent

Re/Max Executives

Broker

nicole.mathew1@hotmail.com

Email

Affordability Calculator

$2,193
Per Month
92%
8%
0%
Monthly Principal & Interest
$2,028
Monthly Property Taxes
$165
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
1261196 Elementary School
1261197 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
6/24/2025$325,000 Listed Price

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507 S College Avenue, Rensselaer, IN, 47978 is a Commercial Property for sale at $325,000 with 5,000 sqft and a lot size of 0.21. 507 S College Avenue was built in 1963. The property's zip code is 47978 which is in Rensselaer, IN

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