470 W Morgan Street Spencer, IN $ 225,000
470 W Morgan Street
$ 225,000
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470 W Morgan Street

Spencer, IN, 47460
$ 225,000
Bedrooms-- Baths0.0

Monthly Estimate*

$ 1,554

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Lots and Land for sale in Spencer, IN

for $225,000. The lot size is 0.2.

Put your business where people can see it! Positioned at the prominent intersection of Morgan St/State Rd 46 and Short St, this approximately .22-acre commercial parcel offers excellent corner exposure and a ready-to-use infrastructure setup. Water, sewer, and electric service are already in place, eliminating some of the major groundwork typically required for a commercial site. The property is currently operating as an established food truck destination with four vendors, each equipped with its own dedicated electrical hookup. Whether continuing the existing food truck concept or bringing a different business vision to the site, the combination of location and existing improvements creates a variety of possibilities. With its high-visibility corner location and access to essential utilities, the property could accommodate a range of commercial uses, including retail, service businesses, food-related ventures, or other entrepreneurial concepts. A compact parcel with plenty of potential, this is an opportunity to put a commercial presence in a location designed to be noticed.

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Lots and Land Pending

Price

$ 225,000

Property Type

Lots and Land

Taxes

$ 706

Style

Unimproved Land

Lot Size

0.2

Town/City

Spencer

County/Region

Owen

MLS | Web ID

22114288

Features
General
Sewer Public Sewer
Possession Negotiable
Development Status Finished Lot(s)
Zoning Commercial
Topography Level
Township Washington
Property Subtype Unimproved Land
Tax Year 2025
Additional Parcels Description 601020400400302028
County Owen
New Construction N
Property Type Land
Subdivision Name No Subdivision
Other Structures Not Applicable
Status Pending
Directions GPS Friendly
High School Owen Valley Community High School
City Spencer
High School District Spencer-Owen Community Schools
MLS Area 6010 - Owen - Washington
Lot Size Square Feet 8843
Elementary School Spencer Elementary School
Current Financing Conventional
Middle/Junior High School Owen Valley Middle School
Additional Parcels Y/N Y
Virtual Tour https://youtu.be/pCWWU3SNv48
Standard Status Pending
Tax Lot 5
Legal Description Gibsons Lot 5 Blk 1
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Exterior
Lot Features City Lot Corner Lot Curbs Sidewalks
Water Source Public
Lot Size Acres 0.2
Road Surface Type Asphalt
Waterfront Y/N N
Road Frontage Type Highway
Horse Amenities None
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* Excluded Features
List By
Home Team Properties

Broker

scarver@homefinder.org

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Affordability Calculator

$1,613
Per Month
96%
4%
0%
Monthly Principal & Interest
$1,554
Monthly Property Taxes
$59
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% 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
4046413 Elementary School
4046639 Middle School
Owen Valley Community High School High School
Pricing History
DatePricePrice ChangeDescription
7/16/2026$225,000 Listed Price

Map


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470 W Morgan Street, Spencer, IN, 47460 is a Lots and Land for sale at $225,000 with a lot size of 0.2. 470 W Morgan Street has 0.0 baths. The property's zip code is 47460 which is in Spencer, IN