Active

S Business 31

Residential Land
$309,900 Listed 1 week ago
2.64 Acres
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Property Description

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!

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.

Property
MLS # 202639703
Date Listed 2026-09-24
Status Active
Property Type Lots and Land
Property SubType Residential Land
Type Residential Land
Annual Taxes $285.00
Year Taxes Payable 2025 pay 2026
Virtual Tour propertypanorama.com »
Days on Market 9
Homestead Year No
External Features
Construction Residential Land
Lot Size 114,998 sq ft
Acreage 2.64 Acres
Lot Dimensions 2.64
Fence None
Location
Area Miami County
County Miami
Subdivision None
Township Pipe Creek
City Peru
State IN
Zip 46970
Schools
School District Maconaquah School Corp.
Elementary Pipe Creek/Maconaquah
Middle School Maconaquah
High School Maconaquah
Financial
Assoc. Dues $0.00 Not Applicable
Contact

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MLS# 202639703
Listing Provided Courtesy of Gavin Eldridge
Carriger Oldfather Realty, Inc
Cell: 765-470-2598

Listing updated September 24, 2026 at 7:30 pm
Last checked 6 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.