576 W Parks Drive, Rensselaer, IN 47978
Jasper County
Key Facts
Description
Rare commercial investment opportunity featuring two adjoining properties being sold together as one package. Situated in a highly visible location, the 1,256-square-foot building occupies a prominent corner lot and is currently leased and operating as a liquor store. The building includes a walk-in cooler and offers excellent exposure and accessibility. Please note that the real estate is included in the sale, but the established liquor store business is not for sale. Adjacent to the corner property is a 5,000-square-foot commercial building offering a variety of potential uses. The building features a spacious storage area with an overhead door for convenient loading and unloading. Together, these properties provide exceptional flexibility for investors, business owners, or those seeking income-producing commercial real estate. Properties are being offered as a package sale only and will not be sold separately. Don't miss this unique opportunity to acquire two well-positioned commercial buildings with strong visibility and endless potential.
Property Information
Property Type
Commercial Sale
Sub-Type
Retail
Year Built
1953
Living Area
6,256 sq ft
Lot Size
0.37 acres
Parking Spaces
5
MLS® Listing#
841225
Property Features
Exterior
Appliances
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Roof
Utilities
Sewer
Water Source
Financial Details
Annual Taxes
$1,074
Tax year 2025
Parcel Number
370730000004081027
Directions
SR 10 East to SR 231. Follow SR 231 South through downtown Rensselaer. Property is just before the light at Parks Dr; situated on east side of 231.
Affordability Calculator
$79,800
Estimated monthly payment
$2,124/mo
Principal $319,200 · Est. interest $445,312 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Rensselaer, IN
- $308,333
- Median Listing Price
- 58
- Median Days on Market
- 2,258
- Median Sq Ft
- $138
- Median Price / Sq Ft
- 19
- Active Listings
- This home’s price is 29% above the area median.
- Its price per sq ft is 54% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Rensselaer, IN.
Location
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Points of Interest in Rensselaer, IN
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 716 E Stewart Drive, Rensselaer, IN | $279,900 | 3 | 3 | 2,520 |
| 4726 Locksley Drive E, Rensselaer, IN | $289,900 | 3 | 3 | 2,227 |
| 502 N Jefferson Street, Rensselaer, IN | $295,000 | 4 | 2 | 2,672 |
| 1238 N McKinley Avenue, Rensselaer, IN | $299,000 | — | — | 3,799 |
| 10364 Greenleaf Drive, Rensselaer, IN | $300,000 | 3 | 3 | 2,280 |
| 1130 W Clark Street, Rensselaer, IN | $308,000 | — | — | — |
Moving Cost Estimate
EXIT Agents in Rensselaer
Listing Courtesy: RE/MAX Executives - 2199872230
Presented by: Nicole Mathew
Last Updated: 2026-06-25