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Historic General Store
For Sale
$190,000
Pending

2799 Cataract Road, Spencer, IN 47460

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

Property SizeContact for details
Days on Market50

Property Features for 2799 Cataract Road

General Information

Standard status Pending
Property subtype Commercial
Zoning C01

Building Details

Year Built 1853
Listing Agency: Bif Ward Real Estate Group
Listed By: Bif Ward
Source: Bifward
Added: Sep 9 Changed: Oct 25 Last Checked: Oct 28 at 4:43AM

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

Rey
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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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Open Analytics

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

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

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
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