8758 Highway 9

Pendleton, IN 46064

$949,000
Price
Beds
Baths
13,134 Sq. Ft.
$72 / Sq. Ft.
13,134
Sq. Ft.
$72
per Sq. Ft.

Description

Exceptional multi-building, multi-tenant, commercial property for sale in Pendleton, Indiana sitting on +/-4.12 acres. This versatile 7 unit, multi-tenant property offers the savvy investor with ample space for multiple businesses/tenants or for further expansion if desired for value add strategy. Investors will simultaneously enjoy a steady stream of long term tenant cash flow and the opportunity to diversify an investment portfolio. Owner/operators will also enjoy the opportunity to set up an office...Exceptional multi-building, multi-tenant, commercial property for sale in Pendleton, Indiana sitting on +/-4.12 acres. This versatile 7 unit, multi-tenant property offers the savvy investor with ample space for multiple businesses/tenants or for further expansion if desired for value add strategy. Investors will simultaneously enjoy a steady stream of long term tenant cash flow and the opportunity to diversify an investment portfolio. Owner/operators will also enjoy the opportunity to set up an office in a solid brick farm house built in 1916, which has immaculate wooden inlays and custom carpentry. The house is another opportunity to provide a tenant an amazing office space and generate more income. Each building is suited to accommodate various tenants, making it a highly desirable property for income generation and long-term investment. With its strategic location just 6 minutes from I-69 Exit 219 and 13 minutes from I-70 Exit 104 it offers unparalleled access between two very busy interstate corridors. With over 6,100 vehicles passing by per day passing this property also offers high visibility and easy access for businesses and customers alike. Pendleton is a growing and vibrant community with a strong local economy, complemented by its proximity to Indianapolis and Greenfield. Being centrally located to Greenfield, Muncie, Anderson, and Indianapolis allows this property to be is ideally positioned to serve Central Indiana's growing commercial needs. Each of 7 units are attached to municipal utilities. Don't miss your chance to own this versatile, strategically located commercial property!
  1. Listed by Tim Hall • F.C. Tucker/Prosperity • tim.hall@talktotucker.com

Property Details for 8758 Highway 9

Township
Fall Creek
Zoning
GB
LISTING UPDATED: 01/28/2025 05:40 PM

Property Details for 8758 Highway 9

StatusActive
MLS #22019595
Days on Market17
Taxes$5,689 semi-annually
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1916
Lot Size4.13 AC / 179,902 SF
CountyMadison County

Building Information for 8758 Highway 9

Stories-Residences-Year Built1916Lot Size4.13 AC / 179,902 SF

Property Information for 8758 Highway 9

Summary
Location and General Information
  • City: Pendleton
  • County Or Parish: Madison
  • Directions: GPS Friendly
  • Postal Code: 46064
  • Postal Code Plus4: 9569
  • Road Access: Frontage Road
  • Road Frontage Type: State Road
  • State Or Province: IN
  • Traffic Count: 6100
  • Traffic Year: 2024
Taxes and HOA Information
  • Parcel Number: 481429400111000013
  • Semi Annual Property Tax Amt: 5689
  • Tax Year: 2023
  • TaxLot: 1
School Information
  • School District: South Madison Com Sch Corp
Parking
  • Truck Parking: gravel
Property
Lot Information
  • Acreage: 3-5 Acres
  • Current Use: Multi-Family
  • Lot Size Square Feet: 179816.0
  • Lot Size Acres: 4.13
  • New Construction: False
  • Space Available: 13134
  • Sq Ft Total: 13134.0
  • Truck Surface: gravel
  • Year Built Numeric: 1916
Property and Assessments
  • Affected by Disclosures: No
  • DPRYN: No
  • Legal Subdivision: Godbey Estates Lot 1 (4.128Ac)
  • Photos Count: 75
  • Property Sub Type: Mixed Use
  • Property Type: Commercial Sale
  • Transaction Type: Sale
Green Features
  • Green Certification: No
Utilities
  • Utilities: Gas, Sewer Connected, Water Connected
Interior and Exterior Features
Interior Features
  • Cooling: Central Electric
  • Heating: Forced Air, Gas
Rental
Rental Information
  • Multi Tenants: Yes

Property History for 8758 Highway 9

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 8758 Highway 9

Taxable ValueLand$36,400Additions$453,900Total$490,300
Tax Record2023$11,379 ($948 / month)
Home Facts
Beds3Baths1.5Total Finished SqFt2,429 SqFtAbove Grade Finished SqFt2,429 SqFtStories2Lot Size179,816 SqFtStyleSingle Family ResidenceYear Built1916Year Renovated1955CountyMADISONAPN48-14-29-400-111.000-013Fireplace TypeHas Fireplace

Schools near 8758 Highway 9

This home is within South Madison Com Sch Corp.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 7 to 8
Public - 9 to 12
Public - PK to 6
Rating
School
Distance
Pendleton Elementary School
PublicPK to 6

Pendleton Heights Middle School
Public7 to 8

Pendleton Heights High School
Public9 to 12

Maple Ridge Elementary School
PublicPK to 6

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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8758 Highway 9 is a mixed use property for sale in Pendleton, IN 46064. This property was listed for sale on January 27, 2025 by F.C. Tucker/Prosperity, it's currently listed at $949,000. It has been on the market for a total of 17 days and was last sold on July 1, 2021. This listing's school district is South Madison Com Sch Corp. Nearby schools include Pendleton Elementary School, Pendleton Heights Middle School and Pendleton Heights High School. 8758 Highway 9 is a 0-bed, 0-bath, 13,134 sqft mixed use property built in 1916.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of F.C. Tucker/Prosperity

Based on information from one of the following Multiple Listing Services: MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MIBOR MLS,IRMLS,Southern Indiana REALTORS® Association,Southeastern Indiana Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.