Listing courtesy of Home Team Properties · Listing agent: Samantha Carver · Office: 844-821-6051
470 W Morgan Street
$225,000
Spencer, IN 47460
Estimate your monthly payment- 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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Listed May 11650 E State Road 46 Road
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Listing courtesy of RE/MAX Select Associates, Inc.
