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Listed by Andy Sheets • Compass Indiana, LLC
$ 234,900
Est. payment /mo
Active
800 N Peru ST Cicero, IN 46034
1,440 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 1,440 sqft
Price per Sqft $163
MLS Listing ID 22080139
Year Built 1948
Tax Year 2024
Lot Size 0.460 Acres
Acres 0.46
Property Sub-Type Mixed Use
Property Description
Opportunity awaits with this fixer-upper in Cicero, ideal for a first time home buyer, investor, flipper, or buyer looking to renovate and create rental income. Seller is open to upgrade allowances! Set on a nearly half-acre lot with frontage along Peru Street / State Road 19, this property offers strong value-add potential both inside and out, along with excellent visibility. The home features a main-floor bedroom, two additional bedrooms upstairs, two full bathrooms on the main level, and a full basement providing additional space for storage, mechanicals, or future finishing. With the right vision and updates, this property could be a great long-term rental, resale project, or owner-occupied investment. In addition to residential use, the property is zoned NC - Neighborhood Commercial, offering flexibility for a variety of neighborhood-serving business uses, subject to town approvals and requirements. Potential uses may include retail or service-oriented businesses, food sales or service, recreation or fitness uses, automotive-related services, or certain institutional or community-focused uses. Conveniently located just minutes from the heart of Cicero and Morse Lake, this property combines location, visibility, and flexibility-a rare opportunity for buyers seeking both residential and future commercial upside. Bring your ideas and unlock the potential of this unique value-add opportunity in desirable Cicero. Buyer to verify zoning uses, development standards, access, and required approvals.
Location
State IN
County Hamilton
Zoning NC
Interior
Heating Forced Air
Fireplace N
Exterior
Utilities Available Electricity Connected
View Y/N false
Roof Type Asphalt
Building
Story 2
New Construction false
Schools
Elementary Schools Hamilton Heights Elementary School
Middle Schools Hamilton Heights Middle School
High Schools Hamilton Heights High School
School District Hamilton Heights School Corp
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