Mentone IN Commercial for Sale

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Type:
General Commercial
Sq.Ft.:
n/a
Status:
NEW LISTING
Beds:
n/a
Lot size:
0.1 Acres
Year built:
1947
Baths:
3.00
MLS#:
202443908
Subdivision:
None

ADDITIONAL INFORMATION

General retail-restaurant building in the heartbeat of wonderful Mentone! High-traffic location where this local landmark building is currently leased as a restaurant & has much to offer. Checkout/bar top, two public restrooms, buffet station, and tons of open space for seating or options to suit your specific needs. Includes all kitchen equipment except leased items (Pepsi cooler & ice maker) & does not include the current business nor its furniture, decor, inventory, etc. Tenant would like to remain.

Type:
General Commercial
Sq.Ft.:
n/a
Status:
Active
Beds:
n/a
Lot size:
0.15 Acres
Year built:
1900
Baths:
3.00
MLS#:
202432892
Subdivision:
Mentone

ADDITIONAL INFORMATION

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.

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Albert Wright Page, License RB14038157, Xome Inc., License RC51300094, [email protected], 844-400-XOME (9663), 4471 North Billman Estates, Shelbyville, IN 46176


Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. IDX information provided by the Indiana Regional MLS. Copyright 2024 Indiana Regional MLS. All rights reserved.



Mentone Real Estate

The median home value in Mentone, IN is $257,500. This is higher than the county median home value of $232,700. The national median home value is $338,100. The average price of homes sold in Mentone, IN is $257,500. Approximately 64.19% of Mentone homes are owned, compared to 29.48% rented, while 6.33% are vacant. Mentone real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Mentone real estate agent to arrange a tour today!

Mentone, Indiana has a population of 1,054. Mentone is more family-centric than the surrounding county with 29.55% of the households containing married families with children. The county average for households married with children is 29.17%.

The median household income in Mentone, Indiana is $61,635. The median household income for the surrounding county is $66,764 compared to the national median of $69,021. The median age of people living in Mentone is 36.2 years.

Mentone Weather

The average high temperature in July is 82.9 degrees, with an average low temperature in January of 16.7 degrees. The average rainfall is approximately 39.5 inches per year, with 38.6 inches of snow per year.

Mentone Real Estate Market Conditions

  • Median sales price

    $257,500
    16.4% change since last quarter
  • # Active listings

    11
    30-day change

Mentone Schools and Demographics

Education near Mentone, IN

Metric City County
High School Graduates 86.03 87.73
College Degree - 2 year 6.18 7.79
College Degree - 4 year 9.27 24.3
Graduate Degree 3.82 7.22
Expenditures per Student 14,030 14,030
Students per Teacher 15.2 15.2

Elementary Schools near Mentone, IN

School Grades Students P/T Ratio ZIP
Akron Elementary School KG - 05 384 15.7 46910
Claypool Elementary School PK - 06 403 15.5 46510
Eisenhower Elementary School KG - 06 432 17.3 46580
Lincoln Elementary School KG - 06 482 17.2 46580
Mentone Elementary School KG - 05 459 15.8 46539
Triton Elementary School KG - 06 474 19.8 46504
Washington Elementary School KG - 06 511 17.9 46580

Middle Schools near Mentone, IN

School Grades Students P/T Ratio ZIP
Edgewood Middle School 07 - 08 559 18 46580
Lakeview Middle School 07 - 08 564 15.3 46580
Tippecanoe Valley Middle School 06 - 08 460 18.4 46910

High Schools near Mentone, IN

School Grades Students P/T Ratio ZIP
Tippecanoe Valley High School 09 - 12 651 18.8 46910
Triton Junior/Senior High School 07 - 12 453 15.1 46504
Warsaw Community High School 09 - 12 2,113 17.2 46580

Demographics near Mentone, IN

Metric City County
Neighborhood Type Suburban
Population 1,054 80,151
Population Density 1,808 151
Median Age 36.2 38.8
People per Household 2.5 2.5
Median Household Income 61,635 66,764
Average Income per Capita 27,302 32,250