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$325,000
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.

35 & 39 N Pike Street, Vernon

Listing courtesy of F.C. Tucker Real Estate Experts.

$414,900
Great opportunity for your new business. Commercial Building for Sale - Prime Location off Highway 50 Bypass Don't miss this opportunity to own a new, all-metal commercial building located just off the highly visible and well-traveled Highway 50 Bypass. Currently operating as a retail gift and furniture store, this versatile space offers excellent potential for a variety of commercial uses - from retail and showrooms to office or light industrial. Property Features: Modern Construction: New, all-metal building with low maintenance and long-lasting durability. Spacious Interior: Open floor plan with vaulted ceilings, creating a bright and expansive atmosphere ideal for retail displays or workspace customization. Excellent Accessibility: Convenient access and visibility from the bypass make it easy for customers to find you. High Traffic Count: [Hwy 3 and 7 17,249, Hwy 3 north from junction = 4,827, Highway 3, S from by pass = 6,951 daily) ensuring maximum exposure and business opportunity. Whether you're looking to expand your business or invest in a high-visibility commercial property, this location combines functionality, curb appeal, and strategic placement. Completed in April of 2024 , features a work room/office area . Looking to expand your current business or size down this is the perfect area for traffic. Use of this building is only limited to your imagination. None of the decorations are included, but you are welcome to shop as you look at this beautiful building. So if you are considering a church, restaurant, strip mall....ideas are endless Area Plan also stated it could be reverted back to Residential as all surrounding properties are residential

1530 W Locust Street, North Vernon

Listing courtesy of Pieratt Robbins Mobility, Inc.

$199,900
The building was the first commercial structure to be constructed in Vernon's commercial district following a devastating fire in 1859 which consumed the entire block along Pike Street, across from the Jennings County Courthouse. The "new", 3-story, Odd Fellows Building, also referred to as Mt. Ida Lodge # 73, was completed in 1860 and was one of two matching buildings that bookend the town's one-block commercial district. The building was built by contractor Samuel Read who constructed the Jennings County Courthouse. Read resided for a time on the second floor of the building. The third floor houses the Odd Fellows Lodge rooms and the first floor was occupied by a tin shop owned by James H. Wells. An attorney, William Hagins, also occupied the building. The three story masonry building is a contributing structure in the Vernon Historic District which is listed on the National Register of Historic Places. Rehabilitation work is eligible for the Federal 20% Rehabilitation Tax Credit. Property sold with preservation covenants attached to deed requiring approval by Indiana Landmarks for exterior changes and interior rehab. Interior woodwork around doors and windows at the second and third stories to be retained in rehabilitation. The property was acquired by Indiana Landmarks in December 2023 and the following work was undertaken: Selective masonry repointing, including significant work at parapet level; new dimensional shingle roof and guttering; rebuilt and painted side cornice with custom fabricated corbels, new authentic custom wooden window sashes at 3rd floor level with salvage antique window locks, some new window sashes on second floor, Significant interior clean-up of trash and debris, rebuilt 1st floor wooden floor system south side storefront space with repointed foundation stones, poured concrete foundation with perimeter drain and sum pump pit. New second floor floor system at NE corner of building at second level. Call to schedule your showing today!

5 N Pike Street, Vernon

Listing courtesy of F.C. Tucker Real Estate Experts.

$1,600,000
2 Beds 1 Baths
Rare 6.019 Acre Development Opportunity in one of North Vernon's most strategic commercial corridors. Offered for the first time in over 44 years, this property includes 2240 N State Hwy 3 and sits directly between Walmart and other established national retailers, placing it in a proven high-traffic location with excellent visibility and strong daily vehicle count. Currently zoned residential with strong potential for commercial conversion, this site offers flexibility for investors, developers, and businesses looking to capitalize on continued growth in the area. Direct access from State Highway 3 and less than one mile from the Highway 50 bypass (completed in 2017) provides outstanding regional connectivity and ease of access for customers, employees, and suppliers. North Vernon continues to show forward momentum. The city has secured $30 million in READI funding focused on economic expansion and quality-of-life improvements designed to attract new employers and commercial investment. In addition, the $10+/- million Heritage Estates development is underway within approximately 2.5 miles, adding over 111 residential units and increasing nearby consumer density. Surrounded by big-box anchors, expanding housing developments, and ongoing downtown revitalization, this location is well-positioned for grocery, retail, restaurant, medical, or large-scale commercial use. Utilities are nearby, and the combination of size, access, and location makes this a rare opportunity in a market where tracts of this scale in prime corridors seldom become available. Opportunities like this are limited in Jennings County.

2330 N State Highway 3, North Vernon

Listing courtesy of F.C. Tucker Real Estate Experts.

$85,000
Prime 6-Acre Lot with Improvements in Jennings County! Discover endless possibilities with this beautifully improved 6-acre property, perfect for your dream build or recreational getaway. Located in a serene setting, this lot comes with several enhancements, making it a unique opportunity for future development. * New Rock Driveway: Enjoy easy access via a rock driveway that leads to a cleared area, originally planned for a barn. The drive features a convenient semicircle design for smooth entry and exit, complete with culvert pipes for optimal drainage. * Expanded Creeks & Parking Area: Natural creeks have been widened, adding charm and functionality to the land. A large, cleared parking area covered in rock provides ample space for vehicles, equipment, or gatherings. * Ready-to-Use Barn & Flower Cultivation Space: The property includes a cleared barn site and an additional acre dedicated to flower cultivation, offering endless possibilities for agricultural or personal use. * ATV Trail & Future Build Potential: Three sides of the property have been cleared to create an ATV trail, perfect for outdoor enthusiasts (note: rock not yet laid). An approved septic study is also on file, making future construction a breeze. This versatile lot is perfect for anyone looking to build, farm, or simply enjoy the natural beauty of Jennings County. Don't miss this rare opportunity to make it your own!

3 S State Street, North Vernon

Listing courtesy of Pursuit Realty, LLC.

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