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    1136 E 4Th St Mount Vernon, IN 47620

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    For Sale
    $319,000

    Commercial building with prime location and development potential.

    Property size:
    5,137 SF
    Lot size:
    0.68 Acres

    Property Features for 1136 E 4Th St

    General Information

    Size
    5,137 SF
    Lot size
    0.68 Acres

    Source: ERA First Advantage Realty, Inc. Agent Mark J. Miller

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Building with Pole Barn

    This commercial property features a building with over 3,600 square feet and a 50x30 pole barn, situated on a corner lot that is just under three-quarters of an acre. Located on the main road upon entering Mount Vernon, the property offers exposure suitable for business operations. The building includes two 7' overhead doors, a front display window wall, an entry vestibule area, and one restroom. A private gravel lot provides parking with approximately 20+ spaces. The property offers an open layout, allowing for customized design and finishing to meet specific business needs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Posey
    State
    Indiana
    Longitude
    -87.881799
    Latitude
    37.935531

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    FAQs

    What type of property is this?
    Storefront property - Commercial building with prime location and development potential.
    Where is this storefront property located?
    The property is located at 1136 E 4Th St Mount Vernon, IN.
    What is the asking price?
    The asking price for this property is $319,000.
    What are key features of this property?
    This property features: - Prime location on the main road in Mount Vernon with excellent exposure.; - Spacious 3600+ sq. ft. commercial building.; - Includes a 50x30 pole barn.
    (812) 760-1506
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    1136 E 4Th St Mount Vernon, IN 47620
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1136 E 4Th St Mount Vernon, IN 47620
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