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Office Building with Hardwood Floors
For Sale
Contact for pricing
Pending

385 E Morgan Street, Spencer, IN 47460

Two-level office property with a conference room, private offices, two bathrooms, and ADA-compliant front entry access.

Property SizeContact for details
Days on Market142

Property Features for 385 E Morgan Street

General Information

Standard status Pending
Property subtype Office

Building Details

Buildings 1
Listing Agency: West & Co., REALTORS
Listed By: Rene West · License #IN IB20000735
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 31 at 12:36PM

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 West & Co., REALTORS

Investment Insights

Based on property information with market context.

This office building at 385 E Morgan Street in Spencer provides a two-level layout with hardwood floors, a reception-area fireplace, and a conference room. The ground floor includes two offices and a dedicated file cabinet room, while the upper level offers one large office. Two bathrooms serve the building, and the front entrance provides ADA-compliant access.

Parking is available off street and along the side street. The property is positioned along a main artery in Spencer, Indiana, with a configuration that accommodates a range of business uses.

Key Highlights

  • Two‑level office building with hardwood floors
  • Reception area features a fireplace
  • Conference room and dedicated file cabinet room

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Dental Office Grocery & Convenience Store Kitchen & Bath Showroom

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

376
Businesses Nearby

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 Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-level office property with a conference room, private offices, two bathrooms, and ADA-compliant front entry access.
Where is this office building located?
The property is located at 385 E Morgan Street Spencer, IN.
What are key features of this property?
This property features: Two‑level office building with hardwood floors; Reception area features a fireplace; Conference room and dedicated file cabinet room
(812) 585-0420 Call to check price and availability
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