51 N Main Street Cloverdale, IN $ 1,350,000
51 N Main Street
$ 1,350,000
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51 N Main Street

Cloverdale, IN, 46120
$ 1,350,000
Bedrooms-- Baths-- Sq 12,586

Monthly Estimate*

$ 8,312

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Commercial Property for sale in Cloverdale, IN

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!

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Commercial Active

Price

$ 1,350,000

Property Type

Commercial

Taxes

$ 2,558

Style

Retail

Lot Size

0.59

Town/City

Cloverdale

County/Region

Putnam

MLS | Web ID

22091485

Features
General
Utilities 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
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Exterior
Building Area Total 12586
Lot Size Acres 0.59
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* Excluded Features
List By
Capstone Realty Group, Inc

Broker

rdsmith@ccrtc.com

Email

Affordability Calculator

$8,525
Per Month
97%
3%
0%
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.
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Nearby
4049690 Elementary School
4049691 Middle School
Cloverdale High School High School
Pricing History
DatePricePrice ChangeDescription
3/27/2026$1,350,000 Listed Price

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51 N Main Street, Cloverdale, IN, 46120 is a Commercial Property for sale at $1,350,000 with 12,586 sqft and a lot size of 0.59. The property's zip code is 46120 which is in Cloverdale, IN