$215,000
102 W Main Street
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.
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
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
88
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 |
|---|---|
| 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 | 88 |
| Den | 1 × 7902 | Level |
| 3rd Bedroom | 3 × 2 | Level |
| Construction | Mixed Use |
|---|---|
| Lot Size | 6,534 sq ft |
| Acreage | 0.15 Acres |
| Lot Dimensions | 50' x 130' |
| Fence | None |
| Area | Kosciusko County |
|---|---|
| County | Kosciusko |
| Subdivision | Mentone |
| Township | Harrison |
| City | Mentone |
| State | IN |
| Zip | 46539 |
| Assoc. Dues | $0.00 |
|---|
MLS# 202432892
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.
Listing Provided Courtesy of Matt Shively
Center Appraisal Service
Listing updated August 30, 2024 at 9:00 pm
Last checked 5 minutes ago
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