102 W Main Street Mentone, IN $ 190,000
102 W Main Street
$ 190,000
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102 W Main Street

Mentone, IN, 46539
$ 190,000
Bedrooms-- Baths3.0 Sq 7,902

Monthly Estimate*

$ 1,185

102 W Main Street, Mentone, IN 46539 - Image 1
102 W Main Street, Mentone, IN 46539 - Image 2

Commercial Property for sale in Mentone, IN

for $190,000 with 3 full baths. This 7,902 square foot building was built in 1900 on a lot size of 0.15.

A unique opportunity to acquire a United States Postal Office. The Post Office has occupied this location since the 1960s and is as reliable of a tenant as they come. The USPS lease is easily transferable to a new owner. Additional perks of this property are a new roof in 2018; a leased efficiency apartment; a leased 1-bedroom apartment; and a blank canvas of over 4,000 square feet (+/-) on the second level. The possibilities for the second level are multiple apartments or commercial spaces (contingent on town/county approval). The current income and the potential for development of several more units make this property an attractive option for residential rental specialists who can rely on the postal service lease payments to cover their overhead while they build this property up to its full potential.

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Commercial Active

Price

$ 190,000

Full Bath

3

Property Type

Commercial

Taxes

$ 2,811

Style

Mixed Use

Lot Size

0.15

Year Built

1900

Town/City

Mentone

County/Region

Kosciusko

MLS | Web ID

202432892

Features
General
Heating Baseboard Forced Air Wall Heater
Cooling Central Air Window
Ceiling Height Unk
Roof Rubber
Parking Yes Lot Off-Street Paved Street
Sewer City Public
# of Buildings 1
Status Active Active
Bathrooms 3
Year Built 1900
New Construction No
Subdivision Mentone
Stories Count 2
Township Harrison
Class COMMERCIAL
Type Mixed Use
Age 125
Special Features None
REO No
Status Detail 0
Area Kosciusko County
City Mentone
Legal Description Lot 180 in the Original Plat of the Town of Mentone
Agent First Name Matt
Agent Last Name Shively
DOM 461
Tax Year 2023 pay 2024
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Exterior
Road Access City
Exterior Brick
Lot Size Area 6534
Lot Dimensions 50' x 130'
Parking Type Street & Parking Lot
Waterfront Y/N No
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Interior
Flooring Carpet Concrete Tile
Basement/Foundation Slab
Walls Drywall
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* Excluded Features
List By
Matt Shively

Listing Agent

Center Appraisal Service

Broker

mshively@centerappraisal.com

Email

Affordability Calculator

$1,420
Per Month
83%
17%
0%
Monthly Principal & Interest
$1,185
Monthly Property Taxes
$234
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/18/2025$190,000 -7.32% Price Down
5/19/2025$205,000 -4.65% Price Down
8/28/2024$215,000 Listed Price

Map


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102 W Main Street, Mentone, IN, 46539 is a Commercial Property for sale at $190,000 with 7,902 sqft and a lot size of 0.15. 102 W Main Street has 3.0 baths and was built in 1900. The property's zip code is 46539 which is in Mentone, IN