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Commercial Land for Sale in Bainbridge, Indiana

221 E Pat Rady Way, Bainbridge, IN 46105

$139,900
0.24 acres
Active
$5.1k drop
Est $1,045/mo

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
Community
Putnam - Monroe
School district
North Putnam Community Schools
Elevation
932 feet
Coordinates
39.7622, -86.8097

Property details

Lot size
0.24 acres10,454 sq ft
Zoning
C2 General Commercial
MLS #
MIBOR 22048843
Posted

Parcels

  • 670501303137000014

Legal description

Details and features

Listing

Type
Land
Subtype
Unimproved Land
Franchise
RE/MAX International

Listing history

DateEventPriceChangeSource
Oct 6, 2025Price drop$139,900$5,100 -3.5%MIBOR
Aug 26, 2025Price drop$145,000$5,000 -3.3%MIBOR
July 4, 2025New listing$150,000MIBOR
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This 0.24-acre property is located at 221 E Pat Rady Way in Bainbridge, IN 46105. The property is available for sale for $139,900.

Checked 1 hour ago — Updated

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