102 W Main Street Mentone, IN 46539

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Mixed Use • 124Y Old

$215,000

102 W Main Street

0.15 Acres
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.

Directions

This property is located at the northwest corner of Main Street and Broadway Street in Mentone.

Map to 102 W Main Street, Mentone, IN 46539

Property
MLS # 202432892
Date Listed 2024-08-27
Status Active
Property Type Commercial
Property SubType Mixed Use
New Construction No
Type Mixed Use
Annual Taxes $2,811.52
Year Taxes Payable 2023 pay 2024
Year Built 1900
Days on Market 66
Room Dimensions
Den 1 × 7902 Level
3rd Bedroom 3 × 2 Level
External Features
Construction Mixed Use
Lot Size 6,534 sq ft
Acreage 0.15 Acres
Lot Dimensions 50' x 130'
Fence None
Location
Area Kosciusko County
County Kosciusko
Subdivision Mentone
Township Harrison
City Mentone
State IN
Zip 46539
Financial
Assoc. Dues $0.00

MLS# 202432892
Listing Provided Courtesy of Matt Shively
Center Appraisal Service

Listing updated August 30, 2024 at 9:00 pm
Last checked 4 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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