Mixed-Use Building with
For Sale
$230,000
404 East O And M Avenue, North Vernon, IN 47265
Downtown property combines a commercial storefront with residential space and established professional management.
Property Size5,062 SF
Price / SF$45.44
Days on Market225
Property Features for 404 East O And M Avenue
General Information
Standard status
Active
Size
5,062 SF
Property subtype
Commercial Sale / Mixed Use
Zoning
Small Retail
Occupancy
100%
Units
Unit Mix
4 x 1BR
Multifamily Units
4
Additional Details
Gross Income
$51,864
Road Access
Yes
Amenities
Wall Unit(s), Window Unit(s)
Forced Air, Other, Natural Gas
Upper
1
Building Details
Year Built
1868
Buildings
1
Stories
2
Tenancy
Multi
Listing Agency:
1 Percent Lists Indiana Real Estate
(812) 343-4938
Listed By:
Andrew Flora · License #RB24000989
(812) 343-4938
Source:
Compass
Added: Jan 17
Changed: Aug 30
Last Checked: Aug 30 at 2:13PM
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 1 Percent Lists Indiana Real Estate
Investment Insights
Based on property information with market context.
This 5,062-square-foot mixed-use building contains a commercial storefront and residential space on the upper level. Built in 1868, the property includes wall and window air-conditioning units, forced-air heating, and natural gas service. The offering includes the real estate only; the storefront business is not part of the sale.
Located at 404 East O And M Avenue in downtown North Vernon, the building sits on O & M Avenue, identified in the property information as the historic Brick Street. The asset is zoned Small Retail and is reported as 100% occupied. Professional property management is already in place, supporting ongoing operations for the six-unit property.
Located at 404 East O And M Avenue in downtown North Vernon, the building sits on O & M Avenue, identified in the property information as the historic Brick Street. The asset is zoned Small Retail and is reported as 100% occupied. Professional property management is already in place, supporting ongoing operations for the six-unit property.
Key Highlights
- 5,062 SF mixed‑use building
- Six‑unit property reported 100% occupied
- Commercial storefront with upper‑level residential space
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
492
Businesses Nearby
Explore this area
Business Placement
Demographics for 47265, IN
20,074
Population
8,862
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
87%
High-School Grad
185.6 sq mi
ZIP Area
108
Density / Sq Mi
$65,877
Median Household Income
$40,549
Median Earnings
$916
Median Rent
$143,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown property combines a commercial storefront with residential space and established professional management.
Where is this mixed-use property located?
The property is located at 404 East O And M Avenue North Vernon, IN.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: 5,062 SF mixed‑use building; Six‑unit property reported 100% occupied; Commercial storefront with upper‑level residential space
