46 E wayne ST, Spencer, IN 47460
46 E wayne ST, Spencer, IN 47460
46 E wayne ST, Spencer, IN 47460
46 E wayne ST, Spencer, IN 47460
46 E wayne ST, Spencer, IN 47460
46 E wayne ST, Spencer, IN 47460
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Ryan Cox

Ryan Cox

+1(317) 474-3026
Listed by Tilden Keith • Keith Realty & Auction Group • Office: 812-714-8250
$ 139,000
Est. payment | /mo

1 Bath

8,712 Sqft Lot

Save Virtual Tour
$ 139,000
Est. payment | /mo
Save Virtual Tour

1 Bath

8,712 Sqft Lot

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

Indiana Regional MLS (IRMLS)
IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.

Nearby Locations

Ryan Cox

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(317) 474-3026

ryancox@discoverindyhomes.com

6357 W US Highway 52, New Palestine, IN 46163, USA

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46 E wayne ST