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Vernon,IN 47282
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 9,816 sqft
Price per Sqft $40
MLS Listing ID 22054635
Year Built 1886
Tax Year 2024
Lot Size 5,924 Sqft
Property Sub-Type Mixed Use
Property Description
Attention Investors! Don't miss this rare opportunity to acquire a multi-income producing property in the heart of historic Vernon, Indiana. This offering includes two buildings being sold together, featuring three fully leased residential apartments with long-term tenants, one additional unfinished apartment space with income potential, and an established restaurant tenant on the main level with a long-term commercial lease. The property also includes the only three-way liquor license in Vernon, a highly sought-after asset, and boasts a prime, high-traffic location directly across from the Jennings County Courthouse with ample public parking nearby. Combining historic charm, reliable rental income, and untapped potential, this is truly a one-of-a-kind investment opportunity in a growing community.
Location
State IN
County Jennings
Zoning Small Retail Commercial
Interior
Heating Natural Gas
Cooling Separate Meters
Exterior
Utilities Available Cable Connected
Roof Type Metal
Building
Story 2
New Construction false
Schools
Middle Schools Jennings County Middle School
High Schools Jennings County High School
School District Jennings County School Corporation