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21791941
21791940

102 W Main St, Mentone, IN 46539

MS
$180,000
476 days on market
Updated 28 days ago

Mentone Post Office & Apartments

Details
APN 43-09-34-200-288.000-035
Property Type Mixed Use, Retail (+1)
Sub Type Storefront, Post office
Square Footage 7,902
Brand/Tenant USPS
Lot Size (SqFt) 6,500
Ground Lease No

Mixed Use | 7,902 SqFt

Marketing 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.

Listing Contacts

MS

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Additional Information

Name
Matthew Shively
License
RB19002167
Title
Broker of Record
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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