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Commercial Land for Sale in Spencer, Indiana

5th Ave, Spencer, IN 47460

$57,500
1.54 acres
Active sale
ago
Est $426/mo

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.

Location

Street address
5th Ave
Zip code
47460
School district
Spencer-Owen Community Schools
Elevation
548 feet
Coordinates
39.2865, -86.7742

Property details

Acreage
1.54 acres67,082 sq ft
Zoning
BLM
MLS #
MIBOR 22118229
Posted

Parcels

  • 601020300400166028

Legal description

Details and features

Listing

Type
Land
Franchise
RE/MAX International

Structure

Sewer
Public Sewer

Nearby schools

NameTypeDistrict
Spencer Elementary SchoolElementarySpencer-Owen Community Schools
Owen Valley Middle SchoolMiddleSpencer-Owen Community Schools
Owen Valley Community High SchoolHighSpencer-Owen Community Schools

Listing history

DateEventPriceChangeSource
Aug 5, 2026New listing$57,500MIBOR
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This 1.54-acre property is located at 5th Ave in Spencer, IN 47460. The land is available for sale, priced at $57,500 — $37,338 per acre.

Listed by RE/MAX Select Associates, (812) 828-5310

Checked 1 hour agoUpdated Source

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