$139,000

46 E wayne Street, Spencer IN, 47460

Built in1923

Property size396 sqft

Property typeCommercial

Overview

Active

Updated 21h ago

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.

Additional information

MLS^® ID: 202643268

Interior Features

Bathrooms: 1
Cooling: Yes
Heating: Yes
Basement: No

Exterior Features

Lot Size: 0.2 Acres

Other Property Details

Taxes: $639
Tax Frequency: Annually
Municipality: Washington

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID

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Data last updated 4:21 AM UTC, 10/21/2026

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