115 S Morgan Street Mentone, IN $ 450,000
115 S Morgan Street
$ 450,000
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115 S Morgan Street

Mentone, IN, 46539
$ 450,000
Bedrooms-- Baths3.0 Sq 8,458

Monthly Estimate*

$ 3,108

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Commercial Property for sale in Mentone, IN

for $450,000 with 3 full baths. This 8,458 square foot building was built in 1920 on a lot size of 3.41.

Versatile Investment Opportunity in Mentone! Situated on nearly 3.5 acres with light industrial zoning, this unique property offers an attractive combination of existing residential rental space and potential for future expansion. Currently configured with three apartments, including a studio unit, the property features extensive interior renovations and generously sized living areas. Additional unfinished square footage provides flexibility for a variety of potential uses, including office space, workshops, additional rental units, or income-producing storage. Enjoy a private setting with ample parking, municipal utilities, and room to accommodate future business ventures. Whether you're looking to expand your investment portfolio, establish a business location, or explore multiple income streams, this property presents an exceptional opportunity with versatility and long-term potential. All future uses subject to applicable zoning and approvals.

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Commercial Active

Price

$ 450,000

Full Bath

3

Property Type

Commercial

Taxes

$ 2,666

Style

Special Purpose

Lot Size

3.41

Year Built

1920

Town/City

Mentone

County/Region

Kosciusko

MLS | Web ID

202643962

Features
General
Heating Forced Air
Cooling None
Ceiling Height 7
Roof Metal
Parking Yes Private
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 3
Year Built 1920
New Construction No
Subdivision None
Stories Count 2
Township Franklin
Class COMMERCIAL
Present Use Investment Property
Type Special Purpose
Age 106
Inside City Limits Yes
Special Features None
REO No
Status Detail 0
Area Kosciusko County
City Mentone
Legal Description 16-10-28.1 TR IN N 1/2 NW 1-31-4 .58A 016-010-028.1AA PT NW NE NW 1-31-4 .19A PER SURVEY 015-010-028.A Pt Tr In N 1/2 Nw 1-31-4 .07A Parcel ID 4-43-13-01-400-102.000-005-Legal:015-010-028 Tr In N 1/
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202643962
Agent First Name Brian
Agent Last Name Peterson
DOM 0
Tax Year 2026
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Exterior
Road Access City
Exterior Metal
Lot Size Area 148540
Lot Dimensions Irreg
Parking Type on site
Waterfront Y/N No
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Interior
Flooring Other Vinyl
Basement/Foundation Full Basement
Walls Drywall Other
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* Excluded Features
List By
Brian Peterson

Listing Agent

Brian Peterson Real Estate

Broker

bpg@brianpetersongroup.com

Email

Affordability Calculator

$3,330
Per Month
93%
7%
0%
Monthly Principal & Interest
$3,108
Monthly Property Taxes
$222
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
Pricing History
DatePricePrice ChangeDescription
10/23/2026$450,000 Listed Price

Map


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115 S Morgan Street, Mentone, IN, 46539 is a Commercial Property for sale at $450,000 with 8,458 sqft and a lot size of 3.41. 115 S Morgan Street has 3.0 baths and was built in 1920. The property's zip code is 46539 which is in Mentone, IN