800 N Peru Street, Cicero, IN 46034

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.