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Flexible Highway Storefront Property
New
For Sale
$129,900

197 E Morse Street, Markle, IN 46770

COMMERCIAL, Markle, IN

Property Size2,400 SF
Lot Size0.10 Acres
Price / SF$54.13
Days on Market7

Property Features for 197 E Morse Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description CB
Directions From I-69 turn east onto Highway 224, take a right turn on Highway 116 (Morse St) for 2 miles until you get to downtown area. The building is on the northeast building in the downtown area.
Subdivision Huntington County
Standard status Active
APN 35-07-01-100-000.200-015
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 015-00002-00 ORIG PLAT E PT LOT 85
Tax Annual Amount 1836
Legal Description 015-00002-00 ORIG PLAT E PT LOT 85

Utilities

Cooling system Central Air

Amenities

bathrooms
generator
flexible layout

Building Details

Year built 1900
Flooring type Carpet, Concrete
Listing Agency: CENTURY 21 Bradley Realty, Inc · Century 21 Real Estate
Listed By: Lauren Kinsey
Added: Aug 17 Changed: Aug 19 Last Checked: Aug 23 at 7:06AM
MLS# 202633462

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This storefront property contains 2,400 square feet in downtown Markle, with direct exposure along Highway 116. The interior uses non-load-bearing walls, allowing the existing arrangement to be reconfigured for different business layouts. Carpet and concrete flooring, central air, and two bathrooms are in place.

The property sits within one mile of the I-69 exit, while three state highways intersect in Markle. A 2025 1 Day Traffic Count for SR 116 recorded 3,058 Vehicles Per Day. Five private parking spaces supplement available street parking. Building improvements include a new roof installed in 2023 and a generator connected to natural gas.

Located in Markle's Riverfront District, the property may provide access to a riverfront liquor license for qualifying businesses. Grant funding may also be available for qualifying downtown improvements.

Key Highlights

  • 2,400 square feet in downtown Markle on Highway 116
  • 2025 1 Day Traffic Count for SR 116: 3,058 Vehicles Per Day
  • Within one mile of the I‑69 exit; three state highways intersect in Markle

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Storefront property - Downtown commercial space with reconfigurable interiors, dedicated parking, and direct access to Highway 116.
Where is this storefront property located?
The property is located at 197 E Morse Street 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: 2,400 square feet in downtown Markle on Highway 116; 2025 1 Day Traffic Count for SR 116: 3,058 Vehicles Per Day; Within one mile of the I‑69 exit; three state highways intersect in Markle
More about this property
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