Knightstown, IN Commercial Real Estate for Sale

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Mixed-Use Property with Restaurant
Updated: Oct 8
Mixed-Use Property with Restaurant

20 N Washington Street, Knightstown, IN 46148

$380,000
0.07 AC lot
Two main‑level commercial spaces currently operate together as a restaurant
Two separate apartments on the upper floor
Individual HVAC systems for the units
Built in 1900 on a 0.069‑acre parcel
Basement; laminate and stone flooring
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Farmland with Road Access
Updated: Nov 14, 2025
Farmland with Road Access

S State Road 109, Knightstown, IN 46148

$2,625,000
35.00 AC lot
35‑acre agricultural tract
Agricultural zoning; commercial development would require rezoning
Two access easements connect the property to State Road 109
Near Interstate 70, Knightstown Exit 115
Adjacent to the Henry County Community Health Facility
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Agricultural Land with Easement Access
Agricultural Land with Easement Access

S State Road 109, Knightstown, IN 46148

$1,125,000
25.00 AC lot

A 25-acre tract offers agricultural zoning, chain-link fencing, and recorded access easements from State Road 109.

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Five-Unit Mixed-Use Building
Five-Unit Mixed-Use Building

28 N Washington St, Knightstown, IN 46148

$325,000
7,872 sqft

Historic character pairs with updated plumbing, electrical, and individually metered gas and electric service.

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Commercial Land at Interstate Exit
Commercial Land at Interstate Exit

S State Road 109, Knightstown, IN 46148

$499,000
5.30 AC lot

Cleared acreage lies beside the I-70 westbound exit ramp, with zoning currently designated Agricultural.

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Land, Knightstown, IN
Land, Knightstown, IN

N 550 W LOT 5, Knightstown, IN 46148

$74,900
2.20 AC lot

Residential land & home lots · 2.20 Acres

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Mixed-Use Building with Restaurant
Mixed-Use Building with Restaurant

20 N Washington St, Knightstown, IN 46148

$380,000
3,728 sqft

Two upstairs apartments complement the restaurant operation and commercial space on the main level.

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Highly Productive Tillable Farmland
Highly Productive Tillable Farmland

000 S County Road 1075 Road W, Knightstown, IN 46148

$954,086
68.18 AC lot

Nearly all-tillable farm offers two nearly square fields with predominantly high-producing soils.

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Productive Farm Ground with Road Access
Productive Farm Ground with Road Access

000 W County Road 850 S, Knightstown, IN 46148

$659,277

47.13 tillable acres with strong productivity ratings and substantial frontage on two county roads.

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Based on your search, we've compiled 76 Potential Opportunities for your consideration. Besides 9 Active listings in Knightstown, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Industrial Warehouse with Office Space
Industrial Warehouse with Office Space

7363 E. US 40, Greenfield, IN 46140

$910,000
9,000 sqft

9,000 SF industrial property with office and loading docks.

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Storefront with Postal Tenant
Storefront with Postal Tenant

10372 E Us Highway 40, Charlottesville, IN 46117

$80,000
1,148 sqft

A postal tenancy occupies part of the building, while the balance is available for renovation.

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Storefront Property with Existing Lease
Storefront Property with Existing Lease

10372 E US Highway 40, Charlottesville, IN 46117

$80,000
0.10 AC lot

A portion is occupied by the U.S. Post Office, with additional area available for renovation.

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Mixed-Use Portfolio on US Highway
Mixed-Use Portfolio on US Highway

7183 W US Hwy 40, Greenfield, IN 46140

Contact for pricing
10,608 sqft 11.06 AC lot

Mixed-use portfolio on 11.06 acres along US Highway 40.

View details

Off-Market Properties in Knightstown, IN

Consider similar Off-Market properties in Knightstown, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

475 Mccullum St
OFFICE (GENERAL)

475 Mccullum St, Knightstown, IN 46148-1138

Estimated value:
$265,000
6,000 sqft 2.21 AC lot
View details
516 Washington St
COMMERCIAL (GENERAL)

516 Washington St, Knightstown, IN 46148-1373

Estimated value:
$190,000
3,672 sqft 0.19 AC lot
View details
559 Jefferson St
COMMERCIAL (GENERAL)

559 Jefferson St, Knightstown, IN 46148-1328

Estimated value:
$185,000
3,144 sqft 0.14 AC lot
View details
7565 State Rd 109
WAREHOUSE, STORAGE

7565 State Rd 109, Knightstown, IN 46148-9030

Estimated value:
$2,630,000
60,000 sqft 22.00 AC lot
View details
9120 Ml Rd
COMMERCIAL (GENERAL)

9120 Ml Rd, Knightstown, IN 46148-9639

Estimated value:
$265,000
12,000 sqft 2.29 AC lot
View details
238 Main St
COMMERCIAL (GENERAL)

238 Main St, Knightstown, IN 46148-1253

Estimated value:
$135,000
6,750 sqft 0.14 AC lot
View details
224 Main St
MEDICAL BUILDING

224 Main St, Knightstown, IN 46148-1260

Estimated value:
$270,000
2,264 sqft 0.65 AC lot
View details
20 Washington St
RESTAURANT

20 Washington St, Knightstown, IN 46148-1275

Estimated value:
$275,000
4,680 sqft 0.07 AC lot
View details
227 Main St
RETAIL STORES (PERSONAL SERVICES)

227 Main St, Knightstown, IN 46148-1259

Estimated value:
$245,000
2,320 sqft 0.22 AC lot
View details
201 Main St
RETAIL STORES (PERSONAL SERVICES)

201 Main St, Knightstown, IN 46148-1252

Estimated value:
$290,000
5,700 sqft 0.07 AC lot
View details
9020 County Rd 650th S
MINI-WAREHOUSE, STORAGE

9020 County Rd 650th S, Knightstown, IN 46148-9552

Estimated value:
$265,000
3,600 sqft 29.00 AC lot
View details
39 Washington St
RETAIL STORES (PERSONAL SERVICES)

39 Washington St, Knightstown, IN 46148-1274

Estimated value:
$220,000
1,948 sqft 0.07 AC lot
View details
11050 5th Pts Rd
OFFICE (GENERAL)

11050 5th Pts Rd, Knightstown, IN 46148-9723

Estimated value:
$145,000
676 sqft 0.29 AC lot
View details
415 Washington St
OFFICE (GENERAL)

415 Washington St, Knightstown, IN 46148-1363

Estimated value:
$190,000
1,600 sqft 0.30 AC lot
View details
33 Washington St
RETAIL STORES (PERSONAL SERVICES)

33 Washington St, Knightstown, IN 46148-1274

Estimated value:
$290,000
5,250 sqft 0.08 AC lot
View details

Knightstown, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Knightstown, IN, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 11,600 square feet of properties for sale, with an estimated market value of $7,022,263.

Sale prices for business properties in Knightstown, IN start at $74,900, averaging $780,251, and reaching up to $2,625,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 4,948
Population Growth (5Y) -10.5%
Median Household Income $62,951
College Educated 28.4%

High-Yield Neighborhoods for Investment

Identify Knightstown submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
New Castle - 47362 $325K
Knightstown - 46148 $930.7K

Taxes & Financing

Tax Rate (average for all types) 2.64%
Property Tax per SF $36.24 per SF
Tax Rate vs County Average 0.36 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Henry County

New Delisted

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