Key facts
- Living area
- 3,419 sqft
- Lot
- 0.04 acres
- Year built
- 1959
- Type
- Commercial Sale · Retail
- MLS #
- 22117926
- County
- Montgomery
- Total building area
- 3,419 sqft
About this home
Bring your business dreams to life with this fantastic commercial opportunity in the quiet town of Waveland, Indiana! Most recently operated as a liquor store, this versatile property offers endless possibilities for entrepreneurs and investors alike. The sale includes both the front retail building and the rear building (3419 sq ft), providing ample space for a variety of commercial uses. The front building features a spacious retail storefront complete with a large walk-in cooler with six customer-facing cooler doors, an additional refrigerated display unit, and a pop machine located out front. Upstairs, renovations have been started for a potential apartment, offering approximately 1,000 additional square feet once completed. The rear building provides an additional 1,728 square feet with two garage bays, making it ideal for storage, workshop space, or additional business operations. Both buildings feature newer roofs, adding value and peace of mind. Located just minutes from Lake Waveland, Raccoon Lake, Shades State Park, and Turkey Run State Park, Waveland also welcomes visitors throughout the year with popular events such as the annual Covered Bridge Festival. Whether you're looking to establish your own business, expand your investment portfolio, or create income-producing opportunities, this unique property is full of potential. Schedule your showing today!
Description provided by the listing brokerage.
Exterior
- Roof
Systems
- Cooling
- Utilities
Lot and HOA
- Zoning
- Commercial
Schools
- Elementary school
- New Market Elementary School
- Middle school
- Southmont Jr High School
- High school
- Southmont Sr High School
- School district
- South Montgomery Com Sch Corp
Taxes
- Estimated annual tax
- $1,086 / yearTwice the semi-annual installment the listing reports.
- Tax year
- 2025
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.
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