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221 E Pat Rady Way

Bainbridge, IN 46105

ActiveListed Aug 1, 2026 · 61 days on market

Key facts

Living area
400 sqft
Lot
0.24 acres
Type
Commercial Sale · Business
MLS #
22117433
County
Putnam
Total building area
400 sqft

About this home

PRIME COMMERCIAL OPPORTUNITY on US Highway 36 in Bainbridge!!! Exceptional .24 acre commercial lot with more than 135 feet of road frontage on highly traveled US Highway 36, just minutes from the rapidly expanding Danville market. This proven business location currently operated as a successful used vehicle dealership, generating over $900,000 in annual inventory sales in 2023 and 2024 and approximately $1 million in 2025. (The lot has the capacity to fit up to 40 vehicles and the Seller routinely had 27 vehicles there.) The property is equipped for immediate business use and includes: High visibility with a 10x5 illuminated multipurpose advertising sign; a 35 foot flagpole with a 19x10 American flag; a 4-year old fully-insulated 16x12 office/storage building with electricity, Wi-Fi, heating and air conditioning; and, multiple electrical hookups strategically located throughout the property for added operational flexibility. Also, low cost municipal hook-ups for gas, water & sewer are available through the Town of Bainbridge, if desired. Whether you're looking to continue operate a profitable used vehicle dealership or redevelop the site for retail, automotive, or service-related uses, this highly visible commercial property offers outstanding exposure, excellent accessibility, and a demonstrated history of business success in one of west-central Indiana's fastest growing commercial corridors.

Description provided by the listing brokerage.

Exterior

Roof
Metal

Systems

Heating
Electric
Cooling
Window Unit(s)
Utilities
Electricity ConnectedNatural Gas Available

Lot and HOA

Zoning
commercial

Schools

Elementary school
Bainbridge Elementary School
Middle school
North Putnam Middle School
High school
North Putnam Sr High School
School district
North Putnam Community Schools

Taxes

Estimated annual tax
$714 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$760per month, estimated
Principal and interest $655Property tax $60Insurance $45
20% · $25,980
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$129,900
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