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Listed by Tilden Keith • Keith Realty & Auction Group
$ 139,000
Est. payment | /mo
396 SqFt
$ 139,000
Est. payment | /mo
396 SqFt
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 396 sqft
Price per Sqft $351
MLS Listing ID 22132257
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Property Sub-Type Retail
Property Description
Investment Opportunity with Two Rental Income Sources! Conveniently situated on a corner lot in Spencer, this unique property offers income-producing potential with an established commercial rental and a separate mobile home rental site. Formerly a gas station, the 396 sq. ft. building is currently leased as a hair salon and features an open main room, an 8' x 6' bathroom, and a 16' x 16' front canopy. The former gas station tanks have been removed. The property also includes a separately rented mobile home site, providing an additional source of rental income. The mobile home is privately owned and is not included in the sale. Whether you're looking to expand your investment portfolio or explore future commercial possibilities, this property offers a unique opportunity in Spencer. Property use and any proposed changes are subject to applicable zoning and local approvals.
Location
State IN
County Owen
Zoning Commercial
Interior
Heating Baseboard
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Electricity Connected, Sewer Connected, Water Connected
Building
New Construction false
Schools
Elementary Schools Spencer Elementary School
Middle Schools Owen Valley Middle School
High Schools Owen Valley Community High School
School District Spencer-Owen Community Schools
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