For Sale
$679,000

Morgan St Spencer, IN 47460

Two Buildings, Corner Lot, Ample Parking

Overview

Added:
Feb 3
Days on market:
78
This exceptional commercial property presents a unique investment opportunity in the heart of Spencer, Indiana. Situated on a highly visible corner lot spanning 0.59 acres on a main thoroughfare, the property boasts two substantial buildings offering versatile space and significant potential for various commercial uses. The main building, measuring 54 feet by 62 feet, features two large overhead doors leading into a spacious garage area, ideal for automotive or equipment storage. In addition to the garage, the building includes a retail space complete with a sales desk, two restrooms, and two offices, providing ample space for administrative functions or customer interaction. A sizable 24-foot by 54-foot upstairs area offers additional storage or expansion possibilities. A second building, a 32-foot by 62-foot by 14-foot pole barn, complements the main structure. This building includes a 12-foot by 12-foot overhead door, a walk-in door, and concrete floors, providing further storage or workshop space. The property also benefits from convenient off-street parking, enhancing accessibility for both customers and employees. Previously used as an auto sales, auto detailing, and propane sales business, this property's prime location and flexible layout offer a multitude of possibilities for future entrepreneurs and investors. The asking price is $679,000. This is a rare opportunity to acquire a substantial commercial property in a thriving Indiana community.

Property Details for Morgan St

Property type
Commercial real estate
Year Built
1940
Lot Size (sq. ft)
25,700 SF

Location Insight

City
Spencer
County
Owen
State
Indiana
Latitude
39.28706
Longitude
-86.76196

FAQs

What type of property is this?
Commercial real estate - Two Buildings, Corner Lot, Ample Parking
Where is the commercial real estate located?
The property is located at Morgan St Spencer, IN.
What is the asking price?
The asking price for this property is $679,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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Morgan St
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