Building Details

Year Built 1853

Listing Agency: Bif Ward Real Estate Group

Listed By: Bif Ward Show Phone

Source: Bifward

Added: Sep 9 Last Checked: Sep 11 at 4:12AM

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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 Bif Ward Real Estate Group

Investment Insights

Based on property information with market context.

The Cataract General Store is a commercial property constructed in 1853 and associated with a long-standing general-store use. The property has served as a place for everyday purchases, including soda and candy, while also offering antiques and unusual merchandise. Its identity combines retail activity with a community-oriented gathering function.

Located at 2799 Cataract Road in Spencer, Indiana, the property carries C01 zoning. The historic building and established store concept provide a defined commercial character for an owner continuing the existing general-store tradition.

Key Highlights

• Constructed in 1853
• C01 zoning
• Established general‑store use

Property Analytics

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Current Use

Grocery and convenience stores

Suggested Use

Top Pick Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

8

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 47460, IN

11,560

Population

5,045

Households

2.3

Avg Household Size

45

Median Age

22%

College-Educated

88%

High-School Grad

150.5 sq mi

ZIP Area

77

Density / Sq Mi

$67,688

Median Household Income

$42,113

Median Earnings

$888

Median Rent

$177,600

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

Questions? Ask Rey

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What type of property is this? Where is this grocery and convenience stores located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Grocery and convenience store - C01-zoned commercial property with a distinctive general-store identity and established community presence.

Where is this grocery and convenience store located?

The property is located at 2799 Cataract Road Spencer, IN.

What is the asking price?

The asking price for this property is $190,000.

What are key features of this property?

This property features: Constructed in 1853; C01 zoning; Established general‑store use