# 507 S College Avenue, Rensselaer, IN 47978

> **TL;DR:** commercial, $325,000 ($65/sqft), built 1963, 5,000 sqft. Est. $1,408/mo. Listed 342 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $325,000 |
| Price/sqft | $65 |
| Square Feet | 5,000 |
| Year Built | 1963 |
| Lot Size | 9,148 sqft (0.21 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 342 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,408 |
| **Total** | **$1,408** |

## Property Highlights

- Built in 1963
- 0.21 acre lot
- 8 parking spaces

## Description

### Agent Description
Unlock the potential of your business with this impressive 5,000 sq ft commercial building located in a high-visibility, prime location. Featuring an open floor plan, this space offers the flexibility to customize the layout to fit a variety of business needs; from retail and service-based industries to office use.Recent updates include a HVAC system in 2025 and a metal roof for low-maintenance peace of mind. The property also includes a separate enclosed office space for administrative or managerial use, as well as an attached warehouse/storage area for convenient inventory or equipment access.Whether you're expanding your operation or launching a new venture, this space delivers functionality, exposure, and value. Schedule a tour today and bring your vision to life!

## Location

- **Address:** 507 S College Avenue, Rensselaer, IN 47978
- **County:** Jasper
- **Coordinates:** 40.929175, -87.155659
- **Google Maps:** https://www.google.com/maps?q=40.929175,-87.155659

## Listing Agent

- **Name:** Nicole Mathew
- **Brokerage:** RE/MAX Executives
- **Phone:** 2198660170
- **Email:** nicole.mathew1@hotmail.com

## Primary Photo

![507 S College Avenue - Primary Photo](http://lh.rdcpix.com/646b26b6deb68c11d1ef4eb4819a2471l-f1966903780r.jpg)

*16 total photos available on [listing page](https://www.propertysimple.com/listing/507-s-college-avenue-rensselaer-in-47978-n823038)*

---

**MLS#:** 823038 | **Updated:** 2026-06-19
**Source:** listhub

*Copyright © 2026 Greater Northwest Indiana Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/507-s-college-avenue-rensselaer-in-47978-n823038)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "507 S College Avenue, Rensselaer, IN 47978",
  "description": "Unlock the potential of your business with this impressive 5,000 sq ft commercial building located in a high-visibility, prime location. Featuring an open floor plan, this space offers the flexibility to customize the layout to fit a variety of business needs; from retail and service-based industries to office use.Recent updates include a HVAC system in 2025 and a metal roof for low-maintenance peace of mind. The property also includes a separate enclosed office space for administrative or manag",
  "url": "https://www.propertysimple.com/listing/507-s-college-avenue-rensselaer-in-47978-n823038",
  "image": "http://lh.rdcpix.com/646b26b6deb68c11d1ef4eb4819a2471l-f1966903780r.jpg",
  "datePosted": "2026-06-19",
  "price": 325000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "507 S College Avenue",
    "addressLocality": "Rensselaer",
    "addressRegion": "IN",
    "postalCode": "47978",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 40.929175,
    "longitude": -87.155659
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 5000,
    "unitCode": "FTK"
  },
  "yearBuilt": 1963
}
```