425 W Main Street, Peru, IN 46970 (MLS # 202644208)

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Think big on West Main Street! This former Ivy Tech educational facility offers approximately 33,278 square feet on 1.88 acres with a prominent location and room to bring a new vision to life. The single-level building features classrooms, offices, a kitchen, storage space, multiple restrooms, and an auditorium/large gathering space; providing a versatile starting point for buyers exploring educational, community, business, or other uses. Recently updated heating system. Looking for additional parking? The separate approximately 0.47-acre paved parcel at 366 W. Third Street is also available. Propose a purchase of the building, parking parcel, or both, depending on your needs. This is a public solicitation of purchase proposals- No asking price or minimum bid is advertised. $0 list price displayed is an MLS entry convention, not an offer to sell for that amount. Showings are available by appointment. Explore the property, review the offering materials, and submit your vision using the required Letter of Intent. Ivy Tech will consider price, proposed use, community benefit, and other proposal terms and reserves the right to select any or no proposal, negotiate, or request highest and best. Sale is subject to State Board of Trustees approval and an executed purchase agreement. Review the attached Public Sale Terms for property disclosures, occupancy, inspection requirements, submission deadline, and complete conditions. Buyers to verify property information and suitability for their intended use.

DAYS ON MARKET 0 LAST UPDATED 10/26/2026
TRACT None YEAR BUILT 1961
COUNTY Miami STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
APPLIANCES Water Heater, Water Softener
CONSTRUCTION Brick
HEAT Hot Water
LOT 1.88 acre(s)
LOT DESCRIPTION Corner Lot
LOT DIMENSIONS 1.88 Acres
PARKING Asphalt, Paved, Parking Lot
SEWER Public Sewer
STORIES 1
SUBDIVISION None
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

0
P
I
*Estimate only
Listed with Ethan Manning, Carriger Oldfather Realty, Inc, Cell: 574-505-0947
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it 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.
Copyright© 2026 IRMLS. All rights reserved.
Last Updated On: 10/26/26 3:37 PM PDT
Walk Score provided by walkscore.com

This IDX solution is (c) Diverse Solutions 2026.


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