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    214 W 2Nd St Mount Vernon, IN 47620

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    For Sale
    $282,500

    5,000 sq ft warehouse with office space for sale.

    Property size:
    5,000 SF
    Lot size:
    0.23 Acres

    Property Features for 214 W 2Nd St

    General Information

    Size
    5,000 SF
    Lot size
    0.23 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

    Spacious Warehouse in Downtown

    Located on Second Street in Posey County, this 5,000 sq. ft. warehouse is situated in downtown Mount Vernon. The building includes approximately 500 sq. ft. of finished office space equipped with heating and air conditioning. The warehouse area features two restrooms, loft storage, and open space. Two overhead doors are present, and an overhead crane system and air compressor are included.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

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

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

    Similar Places Nearby

    ADM Grain

    Location Insight

    • Map
    • Local Demand
    City
    Mount Vernon
    County
    Posey
    State
    Indiana
    Longitude
    -87.89314
    Latitude
    37.93057

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    FAQs

    What type of property is this?
    Warehouse - 5,000 sq ft warehouse with office space for sale.
    Where is this warehouse located?
    The property is located at 214 W 2Nd St Mount Vernon, IN.
    What is the asking price?
    The asking price for this property is $282,500.
    What are key features of this property?
    This property features: - 5,000 sq. ft. warehouse in downtown Mount Vernon; - Two overhead doors for easy access; - Overhead crane system included
    (812) 760-1506
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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
    214 W 2Nd St Mount Vernon, IN 47620
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