Commercial For Sale near Morse Lake
Opportunity awaits with this fixer-upper in Cicero, ideal for an investor, flipper, or buyer looking to renovate and create rental income. 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.Property Details
- Beds: 0
- Baths: 0.0
- Sq Feet: 1440
- Year Built: 1948
- Location: Morse Lake
- Acres: 0.460
- County: Hamilton County
- Heat/AC: Forced Air
- Garage: Carport
- Roof: Asphalt
- MLS #: 22080139
Location
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Contact Information:
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Andy Sheets
View other listings (6 total) Compass Indiana, LLC |
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| +1 317-373-3434 Please say you found it on Lakehouse.com! | ||
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| Property courtesy of LHUB | ||
Ad Statistics:
| Ad Number : | 7136297 |
| Viewed: | 1 times |
| Added: | Jan 15, 2026 |
| Updated on: | Jan 15, 2026 |
| All information provided is deemed reliable but is not guaranteed and should be independently verified. | |

