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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-- Baths-- Sq 396

Monthly Estimate*

$ 960

46 E Wayne Street, Spencer, IN 47460 - Image 1
46 E Wayne Street, Spencer, IN 47460 - Image 2
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Commercial Property for sale in Spencer, IN

for $139,000. This 396 square foot building was built 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

Property Type

Commercial

Taxes

$ 640

Style

Retail

Lot Size

0.2

Town/City

Spencer

County/Region

Owen

MLS | Web ID

22132257
Features
General
Heating Baseboard
Cooling Window Unit(s)
Utilities Electricity Connected Sewer Connected Water Connected
Possession Specific
Zoning Commercial
Township Washington
Property Subtype Retail
Tax Year 2025
Current Use See Remarks
County Owen
New Construction N
Property Type Commercial Sale
Status Active
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 8581
Elementary School Spencer Elementary School
Middle/Junior High School Owen Valley Middle School
Standard Status Active
Tax Lot 152
Legal Description Spencer Lot 152
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Exterior
Building Area Total 396
Lot Size Acres 0.2
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* Excluded Features
List By
Keith Realty & Auction Group

Broker

keithrealty@outlook.com

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
4046413 Elementary School
4046639 Middle School
Owen Valley Community 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. The property's zip code is 47460 which is in Spencer, IN

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