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3583 State Hwy Spencer, IN 47460

For Sale
$250,000

4.12 Acres, 1960 sq ft building, high visibility.

Property size:
1,960 SF

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional mixed-use property presents a unique investment opportunity in Spencer, Indiana. Situated on a prominent 4.12-acre lot boasting approximately 375 feet of road frontage along State Highway 3583, this location benefits from significant traffic flow between Spencer and Bloomington, ensuring high visibility and potential for a variety of commercial ventures. The existing 1,960 square foot building requires substantial repairs or could be removed entirely, allowing for complete customization to suit your specific needs and vision. The expansive lot offers ample space for development, expansion, or the creation of additional structures. This property is ideal for entrepreneurs seeking a high-traffic location with significant development potential. Its strategic position and generous land area make it a rare find in the Spencer market. The existing building, while needing extensive work, provides a solid foundation for a renovation project or could be easily demolished to make way for new construction. This is a prime opportunity to capitalize on the strong traffic flow and create a thriving business in a desirable location. Don't miss this chance to acquire a substantial piece of land with immense potential. The asking price of $250,000 reflects the significant opportunity presented by this property's location and size.

Property Features for 3583 State Hwy

General Information

Property type
Mixed-use properties
Square Feet
1,960 SF
Lot Size
179,467 SF

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Map

City
Spencer
County
Owen
State
Indiana
Longitude
-86.7754
Latitude
39.2857

FAQs

What type of property is this?
Mixed-use property - 4.12 Acres, 1960 sq ft building, high visibility.
Where is this mixed-use property located?
The property is located at 3583 State Hwy Spencer, IN.
What is the asking price?
The asking price for this property is $250,000.
More about this property
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