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102 W Main Street, Mentone, IN 46539

$190,000.00
  • 102 W Main Street, Mentone, IN 46539 Main Photo

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Active
MLS#202432892
STATUSActive PROPERTY TYPECommercial - Business SUBDIVISIONMentone

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.

Property Features

Property Type: Commercial - Business
Cooling: Central Air, Window
Days on Market: 613
Heating: Baseboard, Forced Air, Wall Heater
Home Style: Mixed Use
Lot Size: 0.15 Acres
Roof Type: Rubber
Year Built: 1900

Feature Descriptions

Basement/ Foundation: Slab
Exterior: Brick
Lot Dimensions: 50' x 130'
Sale Inclusions: Building, Lease
Sewer: City, Public
Water: City, Public

Listed By / Shown By

Listed By

Agency Name: Center Appraisal Service
Agency Phone: 574-267-3757
Agent Name: Matt Shively

Shown By

Agency Title: Collins & Company Realtors®
Agency Phone:

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