Proposal submission deadline: Wednesday, February 18, 2026 at 6:30pm EST
The Dillsboro Redevelopment Commission, in partnership with One Dearborn Economic Development, is officially accepting proposals from qualified buyers and developers for the purchase and redevelopment of 12827 Lenover Street in Dillsboro, Indiana. Issued pursuant to Indiana Code 36-7-14-22, this public offering presents an opportunity to reinvest in a centrally located commercial property that supports Dillsboro’s long-term redevelopment objectives.
The property consists of approximately 0.441 acres and includes a 2,284-square-foot single-story commercial office building with on-site parking. Originally designed as a primary care medical facility, the building’s existing layout and infrastructure provide flexibility for adaptive reuse, including professional offices, administrative uses, childcare or early learning facilities, or other commercial or quasi-public uses consistent with local zoning and redevelopment plans.
Property Overview
Property Location:
12827 Lenover Street, Dillsboro, IN 47018
Offering Price:
Average appraised value of $203,000 (based on two independent appraisals completed in 2025)
Project Area Size:
Approximately 0.441 acres
Building Size:
2,284 square feet
Existing Improvements:
Single-story commercial office building with asphalt parking
Current Zoning:
Local Commercial (C-1) and Multiple Family Residential (R-3)
Ownership:
Dillsboro Redevelopment Commission
Due Diligence Materials Included in Packet
Questions, Site Tours, and Access
For additional information visit https://dillsboro.in/general/projects-bid-specifications. To request due diligence materials, or to schedule a site visit, please contact:
Derek Walker
Town Manager, Town of Dillsboro
manager@townofdillsboro.com
812-432-9002
Mike Perleberg
One Dearborn Economic Development
mperleberg@1dearborn.org
812-537-4010 ext. 7233
