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46 E wayne Street Spencer, IN $ 139,000
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$ 139,000 Get more info
46 E wayne Street
$ 139,000
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46 E wayne Street

Spencer, IN, 47460
$ 139,000
Bedrooms-- Baths1.0 Sq 396

Monthly Estimate*

$ 960

46 E wayne Street, Spencer, IN 47460 - Image 1
46 E wayne Street, Spencer, IN 47460 - Image 2
46 E wayne Street, Spencer, IN 47460 - Image 3
46 E wayne Street, Spencer, IN 47460 - Image 4
46 E wayne Street, Spencer, IN 47460 - Image 5
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46 E wayne Street, Spencer, IN 47460 - Image 7
46 E wayne Street, Spencer, IN 47460 - Image 8
46 E wayne Street, Spencer, IN 47460 - Image 9
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Commercial Property for sale in Spencer, IN

for $139,000 with 1 full bath. This 396 square foot building was built in 1923 on a lot size of 0.2.

Investment Opportunity with Two Rental Income Sources! Conveniently situated on a corner lot in Spencer, this unique property offers income-producing potential with an established commercial rental and a separate mobile home rental site. Formerly a gas station, the 396 sq. ft. building is currently leased as a hair salon and features an open main room, an 8' x 6' bathroom, and a 16' x 16' front canopy. The former gas station tanks have been removed. The property also includes a separately rented mobile home site, providing an additional source of rental income. The mobile home is privately owned and is not included in the sale. Whether you're looking to expand your investment portfolio or explore future commercial possibilities, this property offers a unique opportunity in Spencer. Property use and any proposed changes are subject to applicable zoning and local approvals.

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Commercial Active

Price

$ 139,000

Full Bath

1

Property Type

Commercial

Taxes

$ 639

Style

Mixed Use

Lot Size

0.2

Year Built

1923

Town/City

Spencer

County/Region

Owen

MLS | Web ID

202643268
Features
General
Heating Baseboard
Cooling Window
Ceiling Height 9
Roof Shingle
Parking Yes Lot Off-Street Paved Private
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 1
Year Built 1923
New Construction No
Subdivision None
Stories Count 1
Township Washington
Class COMMERCIAL
Type Mixed Use
Age 103
Special Features None
REO No
Status Detail 0
Area Owen County
City Spencer
Legal Description SPENCER LOT 152
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202643268
Agent First Name Tilden
Agent Last Name Keith
DOM 3
Tax Year 2025/2026
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Exterior
Road Access City
Exterior Brick
Lot Size Area 8712
Lot Dimensions IRREGULAR
Parking Type Off Street
Waterfront Y/N No
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Interior
Flooring Laminate
Basement/Foundation Slab
Walls Drywall
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* Excluded Features
List By
Tilden Keith

Listing Agent

Keith Realty & Auction Group

Broker

tilden.keith@homefinder.org

Email

Affordability Calculator

$1,013
Per Month
95%
5%
0%
Monthly Principal & Interest
$960
Monthly Property Taxes
$53
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
1237469 Elementary School
1237627 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/19/2026$139,000 Listed Price

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46 E wayne Street, Spencer, IN, 47460 is a Commercial Property for sale at $139,000 with 396 sqft and a lot size of 0.2. 46 E wayne Street has 1.0 baths and was built in 1923. The property's zip code is 47460 which is in Spencer, IN

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