Listing courtesy of Carriger Oldfather Realty, Inc · Listing agent: Gavin Eldridge · Cell: 765-470-2598

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ActiveCommercial Land

S Business 31

$309,000

Peru, IN 46970

  • 2.6 acres
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Lot
2.64 ac
Type
Commercial Land
Listed
September 3, 2026
MLS #
202636377

About this home

Prime commercial development opportunity with excellent visibility and convenient access to US 31. This 2.64-acre tract, offered at $309,900, is ideally positioned near town, grocery stores, restaurants and other established businesses. Excellent potential for a gas station/convenience store, retail, multi-family development or other commercial use. Two additional 1.50-acre tracts are available for separate purchase, providing the opportunity to expand your development footprint. A strategically located investment property with outstanding potential!

Property details

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
2.64 ac
Lot dimensions
2.64
Location type
Commercial
County
Miami County
Township
Pipe Creek
Current use
Commercial, Multi-Family
Road frontage
County Road
Road surface
Asphalt
Road maintained by
County
Price per acre
$117,045
Easements
No
Platted
Yes
Planned unit development
No
Directions
Take 31 N, Turn East on S Business 31, Property will be on your right on the corner of S Business 31 and 200 W.

Schools

Elementary school
Pipe Creek/Maconaquah
Middle school
Maconaquah
High school
Maconaquah
School district
Maconaquah School Corp.

Taxes & terms

Annual taxes
$285
Tax year
2025
Listing terms
Cash, Conventional
Possession
At Closing
Parcel number
52-11-06-100-033.000-017

Utilities

Electric provider
Peru Utilities
Gas provider
NIPSCO

Location

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