State Highway 46 Spencer, IN 47460

Property Details for State Highway 46

Year built

1999

Lot size

6.15 lot acres

Property type

Commercial real estate

Description

This exceptional 6.15-acre commercial property presents a rare opportunity for development in the thriving town of Spencer, Indiana. Strategically positioned at the intersection of State Highway 46 and US Highway 231, this BLM-1 zoned land boasts unparalleled visibility and accessibility. Situated between established businesses like Wendy's and O'Reilly Auto Parts, this location benefits from high traffic counts and strong brand recognition. The property includes approximately 3 acres of already leveled land, significantly reducing development costs and timelines. This ready-to-build site is ideally suited for a variety of commercial ventures, capitalizing on the burgeoning growth witnessed in the area with new commercial developments emerging just to the north. The expansive acreage offers ample space for large-scale projects, while the prime location ensures maximum exposure and potential for significant return on investment. This is a unique chance to acquire a highly desirable commercial parcel in a rapidly developing market. Don't miss this exceptional opportunity to establish your business in a vibrant and accessible location. The asking price is $599,900.

Location Insight

City

Spencer

County

Owen

State

Indiana

Longitude

-86.7732

Latitude

39.2876