About This Home

This 0-bedroom, 0-bathroom commercial at 46 E wayne Street in Spencer, IN is listed for $139,000. Built in 1923, on a 0.20 acres lot.

Key Features

  • Built in 1923
  • 0.20 acre lot

Property Details

1923
Listing 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.

Monthly Cost Estimate

$743/mo

20% down · 6.5% · 30 years

Principal$101
Interest$602
Insurance$41

Estimates only. Actual payments may vary.

Location

46 E wayne Street

Spencer, IN 47460

Property Details

Flooring

Laminate

Parking

Off Street

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 46 E wayne Street is listed at $139,000. The estimated monthly payment is $744 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1923, 0.20 acre lot.

This property is listed by Tilden Keith and can be reached at 8128211408.

TK

Tilden Keith

Agent at Keith Realty & Auction Group

(812) 821-1408

Listed by Keith Realty & Auction Group · Broker phone: 812 8217772 · View on Broker Site

MLS# 202643268· Source: Indiana Uplands Realtor® Association· 1 day on PropertySimple

Copyright © 2026 Indiana Uplands Realtor® Association. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

46 E wayne Street, Spencer, IN 47460

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