20 W Highway 62
Mount Vernon, IN, 47620 $ 303,500
Bedrooms-- Baths4.0 Sq 6,000 Monthly Estimate*
$ 1,916
for $303,500 with 4 full baths. This 6,000 square foot building was built in 1963 on a lot size of 1.63.
Versatile Commercial Property with Pole Building, Ranch Home & Development Potential. Unlock the possibilities on this exceptional 1.63-acre commercial property, offering a rare combination of substantial workspace, functional improvements, and a well-appointed brick ranch home. The centerpiece is an impressive 6,000-square-foot pole building, ideal for a variety of business, storage, workshop, or commercial uses. The building features two gas furnaces, a wood-burning fireplace, water, a toilet, and three-phase electric, providing the infrastructure and flexibility businesses need. The property also includes a well-maintained 1,886-square-foot brick ranch with a walkout basement, offering an excellent opportunity for an owner-occupied business, office, rental potential, or additional living space. The main level features a spacious owner suite, three additional bedrooms, and beautifully crafted custom cherry cabinetry. One of the bedrooms includes a laundry hookup, while the home also offers convenient access to main-floor bathroom and the option for main-floor laundry. The walkout lower level expands the possibilities even further, featuring a bathroom, abundant storage, a shop area, and potential for additional finished living or office space. A 2-car garage provides additional parking, storage, or workspace. With its combination of acreage, substantial commercial building, three-phase electric, water, heating, and a versatile brick ranch, this property offers an outstanding opportunity for an owner-user, investor, or business looking for space to grow. Bring your business, ideas, and visionthis property is ready to accommodate them.
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FeaturesGeneralHeating Electric Wood
Cooling Central Air
Ceiling Height 0
Roof Asphalt Metal
Parking Yes Garage Off-Street Paved Private
Sewer City
# of Buildings 2
Status Active Active
Bathrooms 4
Year Built 1963
New Construction No
Subdivision None
Stories Count 1
Township Black
Class COMMERCIAL
Type Industrial
Age 63
Special Features Three Phase Overhead Door 1 Basement
REO No
Status Detail 0
Area Posey County
City Mount Vernon
Legal Description N/2 SE 12-7-12 1.63A
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202633310
Agent First Name Rick
Agent Last Name Mileham
DOM 72
Tax Year 2026
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ExteriorRoad Access City
Exterior Brick Metal
Lot Size Area 71003
Parking Type Off Street
Waterfront Y/N No
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InteriorFlooring Carpet Unfinished Wood
Basement/Foundation Full Basement Walk-Out Basement Unfinished
Walls Drywall Metal
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* Excluded FeaturesList ByRick MilehamListing Agent
Era First Advantage Realty, IncBroker
rick.mileham@erafirst.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,916
- Monthly Property Taxes
- $169
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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 $391,700
Percent of Sale Price 29%
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 |
|---|
| 8/14/2026 | $303,500 | | Listed Price |