$450,000

115 S Morgan Street, Mentone IN, 46539

Built in1920

Property size8,458 sqft

Property typeCommercial

Overview

Active

Updated 6h ago

Versatile Investment Opportunity in Mentone! Situated on nearly 3.5 acres with light industrial zoning, this unique property offers an attractive combination of existing residential rental space and potential for future expansion. Currently configured with three apartments, including a studio unit, the property features extensive interior renovations and generously sized living areas. Additional unfinished square footage provides flexibility for a variety of potential uses, including office space, workshops, additional rental units, or income-producing storage. Enjoy a private setting with ample parking, municipal utilities, and room to accommodate future business ventures. Whether you're looking to expand your investment portfolio, establish a business location, or explore multiple income streams, this property presents an exceptional opportunity with versatility and long-term potential. All future uses subject to applicable zoning and approvals.

Additional information

MLS^® ID: 202643962

Interior Features

Bathrooms: 3
Heating: Yes
Basement: Yes

Exterior Features

Lot Size: 3.41 Acres

Other Property Details

Taxes: $2,666
Tax Frequency: Annually
Municipality: Franklin

Listings courtesy of Indiana Regional MLS as distributed by MLS GRID

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Beth Hicks shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Properties displayed may be listed or sold by various participants in the MLS.

Based on information submitted to the MLS GRID as of 10/24/2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID data may be subject to an end user license agreement prescribed by IRMLS as amended from time to time.

Data last updated 5:05 AM UTC, 10/24/2026

DMCA Notice