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32094748
32094749

6906 State Road 1, Spencerville, IN 46788 For Sale

PB
IN IN RB21001287
Allied Commercial
NU
IN RB23001632
Listed by Allied Commercial
$190,000
88 days on market
Updated 40 days ago

SPENCERVILLE VILLAGE RETAIL

Details
APN 17-11-33-102-003.000-021
Property Type Retail
Sub Type Convenience Store, Storefront
Square Footage 2,040
Tenancy Vacant
Price per SqFt $93
Year Built 1950
Year Renovated 2021
Stories 1
Acreage 0.200
Zoning C-1
Parking Spaces 10 spaces
Parking per 1,000 SqFt 4.90
Investment Type Owner/User
Ground Lease No

Retail | 2,040 SqFt

Marketing description

A turnkey 2,040 SF retail opportunity priced at $190,000 ($93.14/SF) in the heart of Spencerville. This fully renovated 1950 building has been thoughtfully updated from 2021 through 2025, delivering a move-in-ready space at a fraction of new construction cost.

Positioned at a lighted intersection on State Road 1 with a 2,917 daily traffic count, the property offers prime visibility alongside an established mix of community traffic drivers — Millers Shell-Mart & Deli, the US Post Office, Dollar General, Dutch Heritage Baking and Catering, and the Spencerville Community Club.

Inside, a fully functional commercial kitchen, two finished restrooms, durable epoxy flooring, LED can lighting, and forced-air HVAC make this an exceptional fit for a restaurant, café, bakery, tasting room, event venue, or specialty retail concept. The 0.2-acre C-1 parcel includes 10+ parking spots and is served by AEP electric, NIPSCO gas, well, and septic.

With DeKalb County's 5-mile trade area population of 7,581 and average household income of $74,322 — plus I-69 access just 13 miles south — this offering pairs small-town affordability with proven foot traffic and an expansive renovation already complete.

Investment highlights

  • Fully renovated 2,040 SF retail building with updates completed from 2021-2025
  • Prime visibility at a lighted intersection on State Road 1 with 2,917 daily traffic count
  • Turnkey with 10+ parking spots, 2 restrooms, and all utilities in place
  • Fully functional kitchen in place, ideal for restaurant users

Listing Contacts

PB
IN IN RB21001287
Allied Commercial
NU
IN RB23001632
Listed by Allied Commercial

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Additional Information

Name
Parker Braun
License
IN RB21001287
Brokerage
Allied Commercial
Title
Managing Broker
Brokerage Address
6059 Innovation Boulevard
Name
Nate Ulman
License
RB23001632
Brokerage
Allied Commercial
Title
Broker
Brokerage Address
6059 Innovation Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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