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125 S 7th Street

Gas City, IN 46933

PendingListed Jun 26, 2026 · 71 days on market

Key facts

Living area
1,816 sqft
Lot
0.57 acres
Type
Commercial Sale · Office
MLS #
22103875
County
Grant
Total building area
1,816 sqft

About this home

Located just a half block off Main Street in Gas City, this versatile all-brick commercial property offers endless potential for your next business venture. Formerly operated as an optometry office, the 1,816 sq ft layout is already well-suited for professional, medical, office, or service-based use with the flexibility to accommodate approximately 6-7 private offices. The building features a spacious reception and waiting area, plenty of parking for clients and staff, and sits on a generous .64-acre lot with excellent visibility and accessibility. Major updates, including a newer roof and HVAC system, provide peace of mind for future owners. Whether you're looking to expand your business, open a medical or professional office, or invest in commercial real estate in a growing community, this property offers a rare combination of location, functionality, and flexibility. Agent Remarks All personal items will be removed prior to closing. Waiting room furniture and various chairs are all negotiable.

Description provided by the listing brokerage.

Systems

Heating
Forced Air
Utilities
Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected

Lot and HOA

Zoning
medical clinic or offices

Schools

Middle school
R J Baskett Middle School
High school
Mississinewa High School
School district
Mississinewa Community School Corp

Taxes

Estimated annual tax
$3,444 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,581per month, estimated
Principal and interest $1,210Property tax $287Insurance $84
20% · $48,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$239,999
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