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310 5th Street

North Vernon, IN 47265

ActiveListed May 5, 2026 · 56 days on market

Key facts

Living area
1,550 sqft
Lot
0.33 acres
Type
Commercial Sale · Retail
MLS #
22100219
County
Jennings
Total building area
1,550 sqft

About this home

Unlock the potential of this versatile commercial property, ready to bring your next business vision to life. Formerly home to a restaurant/convenience store and most recently operated as a daycare facility, this building has undergone significant remodeling and is primed for its finishing touches. With a flexible layout, the space lends itself to a variety of uses including office space, diner or cafe, salon or spa, and retail. The current configuration also offers the opportunity for a two-unit setup-ideal for an owner-occupant looking to run their business on one side while generating additional income by leasing the other, or for an investor seeking strong rental potential and an attractive return. Situated on a generous lot with ample parking, the property benefits from a convenient location just minutes from town and near the popular Quarry Park and campground, providing excellent visibility and accessibility. Whether you're an entrepreneur ready to establish your next venture or an investor looking to expand your portfolio, this property offers flexibility, location, and opportunity all in one.

Description provided by the listing brokerage.

Systems

Utilities
Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected

Lot and HOA

Zoning
Retail

Schools

Middle school
Jennings County Middle School
High school
Jennings County High School
School district
Jennings County School Corporation

Taxes

Estimated annual tax
$1,902 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$1,236per month, estimated
Principal and interest $1,008Property tax $159Insurance $70
20% · $39,980
6.47%
Loan type
Loan term

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.

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Listed at$199,900
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