Listing courtesy of RE/MAX Select Associates, Inc. · Listing agent: Chris Wesley · Offc: 812-828-5310

ActiveCommercial Land

1.54 Acres Street

$57,500

Spencer, IN 47460

  • 1.5 acres
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Lot
1.54 ac
Type
Commercial Land
Listed
August 4, 2026
MLS #
202631610

About this home

Strategically located on the west end of Spencer, this 1.54-acre parcel offers excellent visibility and accessibility. Zoned BLM1 (Business Light Manufacturing), the property sits adjacent to well-known national retailers Wendy’s and O’Reilly Auto Parts, making it an ideal site for retail, service, or light industrial development. High traffic area with strong potential for growth.

Property details

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
1.54 ac
Lot dimensions
Irregular
Location type
City
County
Owen County
Township
Washington
Current use
Commercial
Road frontage
City Street
Road surface
Asphalt
Road maintained by
City
Price per acre
$37,338
Easements
Yes
Platted
Yes
Planned unit development
No
Directions
West on Morgan St., proceed thru light at west end of town and turn right and property is on the left.

Schools

Elementary school
Spencer
Middle school
Owen Valley
High school
Owen Valley
School district
Spencer-Owen Community Schools

Taxes & terms

Annual taxes
$1,238
Tax year
2025
Tax exemptions
No Exemptions
Listing terms
Cash, Conventional
Possession
DOFC
Parcel number
60-10-20-300-400.166-028

Utilities

Water
City
Sewer
City
Electric
Available
Utilities
Sewer Available, Water Available
Fuel
Electric, Gas, Available

Location

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