Key facts
- Living area
- 9,816 sqft
- Lot
- 0.136 acres
- Year built
- 1886
- Type
- Commercial Sale · Mixed Use
- MLS #
- 22054635
- County
- Jennings
- Total building area
- 9,816 sqft
About this home
Attention Investors! Don't miss this rare opportunity to acquire a multi-income producing property in the heart of historic Vernon, Indiana. This offering includes two buildings being sold together, featuring three fully leased residential apartments with long-term tenants, one additional unfinished apartment space with income potential, and an established restaurant tenant on the main level with a long-term commercial lease. The property also includes the only three-way liquor license in Vernon, a highly sought-after asset, and boasts a prime, high-traffic location directly across from the Jennings County Courthouse with ample public parking nearby. Combining historic charm, reliable rental income, and untapped potential, this is truly a one-of-a-kind investment opportunity in a growing community.
Description provided by the listing brokerage.
Exterior
- Roof
Systems
- Heating
- Cooling
- Utilities
Lot and HOA
- Zoning
- Small Retail Commercial
Schools
- Middle school
- Jennings County Middle School
- High school
- Jennings County High School
- School district
- Jennings County School Corporation
Taxes
- Estimated annual tax
- $3,780 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2024
Estimate your monthly payment
Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.
Talk to a lender we trust