Morgan St Spencer, IN 47460

Property Details for Morgan St

Year built

1940

Lot size

0.59 lot acres

Property type

Commercial real estate

Description

This exceptional commercial property presents a unique investment opportunity in the heart of Spencer, Indiana. Situated on a highly visible corner lot spanning 0.59 acres on a main thoroughfare, the property boasts two substantial buildings offering versatile space and significant potential for various commercial uses. The main building, measuring 54 feet by 62 feet, features two large overhead doors leading into a spacious garage area, ideal for automotive or equipment storage. In addition to the garage, the building includes a retail space complete with a sales desk, two restrooms, and two offices, providing ample space for administrative functions or customer interaction. A sizable 24-foot by 54-foot upstairs area offers additional storage or expansion possibilities. A second building, a 32-foot by 62-foot by 14-foot pole barn, complements the main structure. This building includes a 12-foot by 12-foot overhead door, a walk-in door, and concrete floors, providing further storage or workshop space. The property also benefits from convenient off-street parking, enhancing accessibility for both customers and employees. Previously used as an auto sales, auto detailing, and propane sales business, this property's prime location and flexible layout offer a multitude of possibilities for future entrepreneurs and investors. The asking price is $679,000. This is a rare opportunity to acquire a substantial commercial property in a thriving Indiana community.

Location Insight

City

Spencer

County

Owen

State

Indiana

Longitude

-86.762

Latitude

39.2871