W Fourth & College Avenue
Mount Vernon, IN, 47620 $ 850,000
Bedrooms-- Baths1.0 Sq 6,873 Monthly Estimate*
$ 5,234
for $850,000 with 1 full bath. This 6,873 square foot building was built in 1936 on a lot size of 0.94.
You can't beat this commercial property, located in Posey County, and its prime location!! Situated on the corner of Fourth and College, this commercial building offers over 6,000 sq ft + of space, a high exposure location, ,and includes a total of three parcels. Inside you will find four finished, private offices, a nice, functional reception/lobby area, one bathroom (featuring a commode and sink), an incredible, large, open showroom/warehouse area, two stall wash bay with over head doors, utility sink, multiple entry, exit, and overhead doors throughout, and last but not least, a private asphalt parking lot with room for 90 vehicles! Property is connected to City water and sewer, lot size is just under an acre in total, has 400 amp service, and 4 overhead doors! If you are looking for that perfect location to move to or start your business ,with extremely high visibility, and is located on the main road that runs right through the heart of Mount Vernon, Indiana, then this property is it! Seller reserves the car lift.
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FeaturesGeneralHeating Gas Forced Air Hot Water
Cooling Central Air
Ceiling Height 12
Roof Metal Other
Parking Yes Lot Paved Private
Water Access Type None
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 1
Year Built 1936
New Construction No
Subdivision None
Stories Count 1
Township Black
Class COMMERCIAL
Present Use Vacant-Best for Owner/Usr
Type Retail
Age 89
Special Features Alley Delivery Door Office Space Reception Area Other
REO No
Status Detail 0
Area Posey County
Location City
City Mount Vernon
Legal Description WILLIAMS ADDN LOT 82 WILLIAMS ENGL LOTS 80 & 81 & VACATED ALLEY and WILLIAMS LOT 79.
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202511616
Agent First Name Rick
Agent Last Name Mileham
DOM 302
Tax Year 2024
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ExteriorRoad Surface Asphalt
Road Access City
Exterior Block Metal
Driveway Asphalt
Number of Parking Spaces 90
Waterfront None
Lot Size Area 40946
# of Docks 0
Parking Type PRIVATE LOT
Fence None
Water Features None
Waterfront Y/N No
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InteriorFlooring Concrete Laminate
Basement/Foundation Slab
Walls Drywall Unfinished
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* Excluded FeaturesList ByRick MilehamListing Agent
Era First Advantage Realty, IncBroker
rick.mileham@erafirst.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,234
- Monthly Property Taxes
- $680
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% 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.
Learn more about how to save NearbyCommerical listings in Mount Vernon, IN
Average List Price $437,467
Percent of Sale Price 49%
About Mount Vernon, IN 6,556 Population
-11% Since 2002
$ 50,752 Median Income
39.9 Median Age
27% Households with Children
Trends Information provided by ATTOM Data Solutions.
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/5/2025 | $850,000 | -4.76% | Price Down |
| 10/6/2025 | $892,500 | -0.28% | Price Down |
| 4/7/2025 | $895,000 | | Listed Price |