About 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.
Features of 102 W Main Street
| MLS® # | 202432892 |
|---|---|
| Price | $190,000 |
| Bathrooms | 3.00 |
| Square Footage | 6,534 |
| Acres | 0.15 |
| Year Built | 1900 |
| Type | Commercial |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 102 W Main Street |
|---|---|
| Subdivision | Mentone |
| City | Mentone |
| County | Kosciusko County |
| State | IN |
| Zip Code | 46539 |
Amenities
| Features | None |
|---|---|
| Parking | Lot, Off-Street, Paved, Street |
| Is Waterfront | No |
Interior
| Interior | Drywall |
|---|---|
| Heating | Baseboard, Forced Air, Wall Heater |
| Cooling | Central Air, Window |
| # of Stories | 2 |
| Basement | Slab |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Rubber |
| Construction | No |
Additional Information
| Days on Market | 507 |
|---|---|
| Foreclosure | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Matt Shively |
|---|---|
| Office | Center Appraisal Service |