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Listed by Tilden Keith • Keith Realty & Auction Group • Office: 812-714-8250
$139,000
Est. payment /mo
1 Bath
8,712 Sqft Lot
New
46 E wayne ST Spencer, IN 47460
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Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID IRM202643268
HOA Y/N No
Year Built 1923
Annual Tax Amount $639
Tax Year 2025
Lot Size 8,712 Sqft
Acres 0.2
Lot Dimensions IRREGULAR
Property Sub-Type Mixed Use
Property Description
Investment Opportunity with Two Rental Income Sources! Conveniently situated on a corner lot in Spencer, this unique property offers income-producing potential with an established commercial rental and a separate mobile home rental site. Formerly a gas station, the 396 sq. ft. building is currently leased as a hair salon and features an open main room, an 8' x 6' bathroom, and a 16' x 16' front canopy. The former gas station tanks have been removed. The property also includes a separately rented mobile home site, providing an additional source of rental income. The mobile home is privately owned and is not included in the sale. Whether you're looking to expand your investment portfolio or explore future commercial possibilities, this property offers a unique opportunity in Spencer. Property use and any proposed changes are subject to applicable zoning and local approvals.
Location
State IN
County Owen County
Rooms
Basement Slab
Interior
Heating Baseboard
Inclusions Building, Land
Fireplace N
Exterior
Parking Features Parking Lot, Off Street, Paved, Private
View Y/N true
Building
Sewer Public Sewer
Water City
New Construction No
Others
Pets Allowed No
Tax ID 60-10-20-400-400.685-028
Acceptable Financing IRM202643268
Listing Terms IRM202643268
Special Listing Condition None
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202643268
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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