127 S Main Street Spencer, IN $ 294,900
127 S Main Street
$ 294,900
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127 S Main Street

Spencer, IN, 47460
$ 294,900
Bedrooms-- Baths1.0 Sq 4,600

Monthly Estimate*

$ 1,840

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127 S Main Street, Spencer, IN 47460 - Image 12
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Commercial Property for sale in Spencer, IN

for $294,900 with 1 full bath. This 4,600 square foot building was built in 1975 on a lot size of 0.1.

Located just a short walk from Spencer’s historic downtown square, this ±4,600 SF commercial space at 127 S. Main St. is ideally configured for food production, commissary, or specialty retail use. The building features a 12-foot garage door, 10-foot clear ceiling height, and flexible open space that supports a variety of production and retail layouts. Whether for a food service operator, artisan producer, or specialty manufacturer, the property offers an excellent balance of visibility, accessibility, and utility. With annual real estate taxes of just $2,792, it presents a cost-efficient opportunity for owner-users or investors looking to tap into Spencer’s growing commercial market.

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Commercial Active

Price

$ 294,900

Full Bath

1

Property Type

Commercial

Taxes

$ 2,792

Style

Special Purpose

Lot Size

0.1

Year Built

1975

Town/City

Spencer

County/Region

Owen

MLS | Web ID

202508617

Features
General
Heating Electric
Cooling Central Air
Ceiling Height 10
Roof Rubber
Parking Yes Public
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 1
Year Built 1975
New Construction No
Subdivision None
Stories Count 1
Township Washington
Class COMMERCIAL
Present Use Investment Property Vacant-Best for Owner/Usr
Type Special Purpose
Age 50
Special Features 220 Volts Overhead Door 1
REO No
Status Detail 0
Area Owen County
Location City
City Spencer
Legal Description SPENCER PT LOT 175
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202508617
Agent First Name Chris
Agent Last Name Cockerham
DOM 274
Tax Year 2024
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Exterior
Road Access City
Exterior Brick
Lot Size Area 4356
Lot Dimensions 4600 SF
Parking Type Meter Parking
Water Features None
Waterfront Y/N No
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Interior
Flooring Ceramic Tile Concrete
Basement/Foundation Slab
Walls Drywall
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* Excluded Features
List By
Chris Cockerham

Listing Agent

Fc Tucker/Bloomington Realtors

Broker

chris@cockerham.us

Email

Affordability Calculator

$2,072
Per Month
89%
11%
0%
Monthly Principal & Interest
$1,840
Monthly Property Taxes
$233
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
10/31/2025$294,900 -4.84% Price Down
3/17/2025$309,900 Listed Price

Map


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127 S Main Street, Spencer, IN, 47460 is a Commercial Property for sale at $294,900 with 4,600 sqft and a lot size of 0.1. 127 S Main Street has 1.0 baths and was built in 1975. The property's zip code is 47460 which is in Spencer, IN