
Commercial Land for Sale in Bainbridge, Indiana
221 E Pat Rady Way, Bainbridge, IN 46105
Prime 0.24-acre commercial lot in Bainbridge, Indiana, boasting over 135 feet of road frontage along bustling US Highway 36, just minutes from rapidly growing Danville, currently thriving as a car dealership with over $900,000 in inventory sales annually for the past two years and on track to exceed $1 million this year. The property features a high-visibility 5'x10' multipurpose advertising sign, a 35-foot flagpole with a 19'x10' American flag, and a 3-year-old, insulated 12'x7' utility shed serving as an office, complete with power, WiFi, electricity, heating, and cooling. Multiple power connections across the lot enhance operational flexibility. The seller's "buy here, pay here" financing model, with loans and inventory, is excluded from the lot sale but negotiable for a full business purchase. Ideal for continuing as a dealership or redeveloping for retail or service businesses, this high-traffic lot offers proven revenue potential in a region experiencing Danville's dynamic growth.
Location
- Street address
- 221 E Pat Rady Way
- County
- Putnam County
- Community
- Putnam - Monroe
- School district
- North Putnam Community Schools
- Elevation
- 932 feet
Property details
- Lot size
- 0.24 acres10,454 sq ft
- Zoning
- C2 General Commercial
- MLS #
- MIBOR 22048843
- Posted
Parcels
- 670501303137000014
Legal description
H 009-502030-00 - 9/28/06
Details and features
Listing
- Type
- Land
- Subtype
- Unimproved Land
- Franchise
- RE/MAX International
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 6, 2025 | Price drop | $139,900 | $5,100 -3.5% | MIBOR |
| Aug 26, 2025 | Price drop | $145,000 | $5,000 -3.3% | MIBOR |
| July 4, 2025 | New listing | $150,000 | — | MIBOR |










