Listing courtesy of Home Team Properties · Listing agent: Samantha Carver · Office: 844-821-6051

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PendingCommercial Land

470 W Morgan Street

$225,000

Spencer, IN 47460

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Lot
0.22 ac
Type
Commercial Land
Listed
July 15, 2026
MLS #
202628363

About this home

Put your business where people can see it! Positioned at the prominent intersection of Morgan St/State Rd 46 and Short St, this approximately .22-acre commercial parcel offers excellent corner exposure and a ready-to-use infrastructure setup. Water, sewer, and electric service are already in place, eliminating some of the major groundwork typically required for a commercial site. The property is currently operating as an established food truck destination with four vendors, each equipped with its own dedicated electrical hookup. Whether continuing the existing food truck concept or bringing a different business vision to the site, the combination of location and existing improvements creates a variety of possibilities. With its high-visibility corner location and access to essential utilities, the property could accommodate a range of commercial uses, including retail, service businesses, food-related ventures, or other entrepreneurial concepts. A compact parcel with plenty of potential, this is an opportunity to put a commercial presence in a location designed to be noticed.

Property details

Exterior & parking

Parking
Off Street

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.22 ac
Lot dimensions
74x141
Location type
City
County
Owen County
Township
Washington
Current use
Commercial
Road frontage
State Road
Road surface
Asphalt
Road maintained by
State
Price per acre
$1,022,727
Easements
No
Platted
Yes
Planned unit development
No
Directions
In Spencer, property is located directly across from Babb's grocery store on Morgan St.

Schools

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

Taxes & terms

Annual taxes
$705
Tax year
2026
Listing terms
Cash, Conventional
Possession
Negotiable
Parcel number
60-10-20-400-400.301-028

Utilities

Water
City
Sewer
City
Electric
Available
Fuel
Electric
Electric provider
Duke Energy Indiana
Water provider
BBP

Location

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