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$ 205,000
Est. payment /mo
Price Dropped by $10K
102 W Main Street Mentone, IN 46539
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Subdivision Mentone
MLS Listing ID 202432892
Year Built 1900
Annual Tax Amount $2,811
Lot Size 6,534 Sqft
Property Sub-Type Mixed Use
Property Description
A unique opportunity to acquire a United States Postal Office. The Post Office has occupied this location since the 1960s and is as reliable of a tenant as they come. The USPS lease is easily transferable to a new owner. Additional perks of this property are a new roof in 2018; a leased efficiency apartment; a leased 1-bedroom apartment; and a blank canvas of over 4,000 square feet (+/-) on the second level. The possibilities for the second level are multiple apartments or commercial spaces (contingent on town/county approval). The current income and the potential for development of several more units make this property an attractive option for residential rental specialists who can rely on the postal service lease payments to cover their overhead while they build this property up to its full potential.
Location
State IN
County Kosciusko County
Area Kosciusko County
Direction This property is located at the northwest corner of Main Street and Broadway Street in Mentone.
Interior
Flooring Carpet, Concrete, Tile
Appliance Building, Lease
Exterior
Roof Type Rubber
Building
Story 2
New Construction No
IDX information provided by the Indiana Regional MLS
Listed by Matt Shively • Center Appraisal Service