102 W Main Street, Mentone, IN 46539
sale
$190,000
|
Mixed Use
Courtesy Of Center Appraisal Service
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Concrete
- Floors: 2
- Heating System: Baseboard
- Heating System: Forced Air
- Heating System: Wall Furnace
- Legal Description: Lot 180 in the Original Plat of the Town of Mentone
- MLSID: 202432892
- Roof Type: Rubber
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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