425 W Main Street
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425 W Main Street

Peru, IN, 46970 Bedrooms-- Baths5.0 Sq 33,278

Monthly Estimate*

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Commercial Property for sale in Peru, IN

with 5 full baths. This 33,278 square foot building was built in 1961 on a lot size of 1.88.

Think big on West Main Street! This former Ivy Tech educational facility offers approximately 33,278 square feet on 1.88 acres with a prominent location and room to bring a new vision to life. The single-level building features classrooms, offices, a kitchen, storage space, multiple restrooms, and an auditorium/large gathering space; providing a versatile starting point for buyers exploring educational, community, business, or other uses. Recently updated heating system. Looking for additional parking? The separate approximately 0.47-acre paved parcel at 366 W. Third Street is also available. Propose a purchase of the building, parking parcel, or both, depending on your needs. This is a public solicitation of purchase proposals- No asking price or minimum bid is advertised. $0 list price displayed is an MLS entry convention, not an offer to sell for that amount. Showings are available by appointment. Explore the property, review the offering materials, and submit your vision using the required Letter of Intent. Ivy Tech will consider price, proposed use, community benefit, and other proposal terms and reserves the right to select any or no proposal, negotiate, or request highest and best. Sale is subject to State Board of Trustees approval and an executed purchase agreement. Review the attached Public Sale Terms for property disclosures, occupancy, inspection requirements, submission deadline, and complete conditions. Buyers to verify property information and suitability for their intended use.

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Commercial Active

Price

$ 0

Full Bath

5

Property Type

Commercial

Taxes

$ 0

Style

Special Purpose

Lot Size

1.88

Year Built

1961

Town/City

Peru

County/Region

Miami

MLS | Web ID

202644208

Features
General
Heating Hot Water
Cooling Multiple Cooling Units
Ceiling Height Varies
Roof Flat
Parking Yes Lot Paved
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 5
Year Built 1961
New Construction No
Subdivision None
Stories Count 1
Township Peru
Class COMMERCIAL
Type Special Purpose
Age 65
Inside City Limits Yes
Special Features Handicap Access Alley Office Space Public Restrooms Reception Area
REO No
Status Detail 0
Area Miami County
Location City
City Peru
Legal Description 021-65401-00 PT R. RES -27-4 1.88 ACRE 42 304 00100
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202644208
Agent First Name Ethan
Agent Last Name Manning
DOM 0
Tax Year 2026
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Exterior
Road Surface Asphalt
Road Access City
Exterior Brick Masonry
Driveway Asphalt
Number of Parking Spaces 61
Lot Size Area 81893
Lot Dimensions 1.88 Acres
Parking Type Asphalt Parking Lot
Waterfront Y/N No
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Interior
Flooring Ceramic Tile Concrete Tile
Basement/Foundation Slab
Walls Block Drywall
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* Excluded Features
List By
Ethan Manning

Listing Agent

Carriger Oldfather Realty, Inc

Broker

emanning@oldfatherrealty.com

Email

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Default based on a 30-year fixed rate of 7.375% 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
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/26/2026$0 Listed Price

Map


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425 W Main Street, Peru, IN, 46970 is a Commercial Property for sale at $0 with 33,278 sqft and a lot size of 1.88. 425 W Main Street has 5.0 baths and was built in 1961. The property's zip code is 46970 which is in Peru, IN