About This Home

This 0-bedroom, 0-bathroom commercial at 115 S Morgan Street in Mentone, IN is listed for $450,000. Built in 1920, on a 3.41 acres lot.

Key Features

  • Built in 1920
  • 3.41 acre lot

Property Details

1920
Listing Description

Versatile Investment Opportunity in Mentone! Situated on nearly 3.5 acres with light industrial zoning, this unique property offers an attractive combination of existing residential rental space and potential for future expansion. Currently configured with three apartments, including a studio unit, the property features extensive interior renovations and generously sized living areas.

Additional unfinished square footage provides flexibility for a variety of potential uses, including office space, workshops, additional rental units, or income-producing storage. Enjoy a private setting with ample parking, municipal utilities, and room to accommodate future business ventures.

Whether you're looking to expand your investment portfolio, establish a business location, or explore multiple income streams, this property presents an exceptional opportunity with versatility and long-term potential. All future uses subject to applicable zoning and approvals.

Monthly Cost Estimate

$2,407/mo

20% down · 6.5% · 30 years

Principal$325
Interest$1,950
Insurance$131

Estimates only. Actual payments may vary.

Location

115 S Morgan Street

Mentone, IN 46539

Property Details

Flooring

Vinyl

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 115 S Morgan Street is listed at $450,000. The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1920, 3.41 acre lot.

This property is listed by Brian Peterson.

BP

Brian Peterson

Agent at Brian Peterson Real Estate Group

Listed by Brian Peterson Real Estate Group · Broker phone: (574) 268-1899 · Broker website

MLS# 202643962· Source: Kosciusko Board of Realtors MLS· 5 days on PropertySimple

Copyright © 2026 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

115 S Morgan Street, Mentone, IN 46539

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