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Flexible Storefront Property
For Sale
$129,900
Pending

197 E Morse St, Markle, IN 46770

Reconfigurable interior with two bathrooms, private parking, and a 2023 roof replacement.

Property Size2,400 SF
Days on Market8

Property Features for 197 E Morse St

General Information

Standard status Pending
Size 2,400 SF
Total Parking Spaces 5

Site & Location

Traffic Count 3,058 vehicles/day
Highway Access Yes
Road Access Yes

Amenities

generator

Building Details

Year Built 1900
Buildings 1
Listing Agency: CENTURY 21 Bradley Realty, Inc
Listed By: Lauren Kinsey · License #RB23001342
Source: Spencerchildersgroup
Added: Aug 25 Changed: Aug 31 Last Checked: Aug 30 at 8:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CENTURY 21 Bradley Realty, Inc

Investment Insights

Based on property information with market context.

This storefront property at 197 E Morse Street in Markle is a 1900 commercial building with a flexible interior configuration. Non-load-bearing interior walls can be rearranged, and the property includes two bathrooms, five private parking spaces, additional street parking, and a generator connected to natural gas. The roof was replaced in 2023.

The property fronts Highway 116 in downtown Markle, within one mile of the I-69 exit. Three state highways intersect in Markle, and SR 116 recorded a 2025 one-day traffic count of 3,058 vehicles per day. The building is located within Markle’s Riverfront District, where qualifying businesses may have access to a riverfront liquor license and potential grant funding for eligible downtown improvements.

Key Highlights

  • Storefront property at 197 E Morse Street in downtown Markle
  • Located directly on Highway 116 and within one mile of the I‑69 exit
  • SR 116 recorded 3,058 vehicles per day in the 2025 1 Day Traffic Count

Property Analytics

Current Use

Seven Wonders Beauty ... Hair Salon Town of Markle Local Government Office

Suggested Use

Top Pick Auto Repair Shop Real Estate Agency Auto Parts Store Plumbing Service Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3,058 VPD
Traffic count
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

144
Businesses Nearby
Well-served
Demand for This Use

Demographics for 46770, IN

2,734
Population
1,090
Households
2.5
Avg Household Size
44
Median Age
21%
College-Educated
93%
High-School Grad
52.5 sq mi
ZIP Area
52
Density / Sq Mi
$74,191
Median Household Income
$50,270
Median Earnings
$801
Median Rent
$203,900
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - Reconfigurable interior with two bathrooms, private parking, and a 2023 roof replacement.
Where is this storefront property located?
The property is located at 197 E Morse St Markle, IN.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Storefront property at 197 E Morse Street in downtown Markle; Located directly on Highway 116 and within one mile of the I‑69 exit; SR 116 recorded 3,058 vehicles per day in the 2025 1 Day Traffic Count
More about this property
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