SPENCERVILLE VILLAGE RETAIL
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
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