51 N Main Street
Cloverdale, IN, 46120 $ 1,350,000
Bedrooms-- Baths-- Sq 12,586 Monthly Estimate*
$ 8,312
for $1,350,000. This 12,586 square foot building was built on a lot size of 0.59.
Position your business for success in the heart of downtown Cloverdale with this exceptional commercial opportunity! Situated on a prime, high-visibility location along US 231, this versatile property includes 2 large buildings on 2 lots, offering approximately 13,000 SF of combined space, complete with city utilities and valuable off-street parking. Currently configured for 2 separate retail businesses, each building is thoughtfully designed with dedicated warehouse and storage areas-ideal for a wide range of commercial uses. Building #1 features approximately 4,030 SF of retail showroom space and an additional 6,060 SF of warehouse and storage. The retail area has been recently updated with new vinyl plank flooring, fresh paint, modern lighting, new overhead doors and windows, and a newly installed restroom. Large showroom windows provide outstanding exposure and natural light, perfectly positioned to capture attention from steady traffic along US 231. Building #2, newly constructed in 2024, offers approximately 2,880 SF of retail space, complemented by a spacious office, one restroom, and an overhead door for convenient inventory access. This building also features heating and cooling throughout and a welcoming 32' x 12' covered front porch, adding both functionality and curb appeal. With its prime location, flexible layout, and extensive updates, this property is ready to support a variety of business ventures. Whether you're expanding, relocating, or launching something new, this is your opportunity to bring your vision to life in a thriving downtown setting. Schedule your showing today and turn this outstanding commercial space into the home of your next successful venture!
See more
FeaturesGeneralUtilities Electricity Connected Sewer Connected Water Connected
Possession Negotiable
Zoning Downtown
Stories Count 1
Township Cloverdale
Property Subtype Retail
Tax Year 2025
Current Use Comm Mul Ten Retail
County Putnam
New Construction N
Property Type Commercial Sale
Facing Direction West
Status Active
Directions GPS Friendly
High School Cloverdale High School
City Cloverdale
High School District Cloverdale Community Schools
MLS Area 6722 - Putnam - Cloverdale
Lot Size Square Feet 25613
Elementary School Cloverdale Elementary School
Middle/Junior High School Cloverdale Middle School
Standard Status Active
Tax Lot 35 38
Legal Description Eastern Enl Lots 35 & 38
See more
ExteriorBuilding Area Total 12586
Lot Size Acres 0.59
See more
* Excluded FeaturesList ByCapstone Realty Group, IncBroker
Affordability Calculator
- Monthly Principal & Interest
- $8,312
- Monthly Property Taxes
- $213
- 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.
Learn more about how to save NearbyCommerical listings in Cloverdale, IN
Average List Price $229,967
Percent of Sale Price 83%
About Cloverdale, IN 1,902 Population
0% Since 2002
$ 56,225 Median Income
42.84 Median Age
33% Households with Children
Trends Information provided by ATTOM Data Solutions.
4049690 Elementary School
4049691 Middle School
Cloverdale High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/27/2026 | $1,350,000 | | Listed Price |