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Flexible Industrial Space
For Sale
$284,900

206 & 208 S Meridian Street, Washington, IN 47501

COMMERCIAL, Washington, IN

Property Size3,800 SF
Lot Size0.50 Acres
Price / SF$74.97
Days on Market468

Property Features for 206 & 208 S Meridian Street

General Information

Property type Commercial Sale
Property subtype Other
Directions Head southwest on IN-57 S toward S Meridian St, then turn right onto S Meridian St
Subdivision Daviess County
Standard status Active
APN 14-10-34-102-022.000-017
Lot size 0.50 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description PT LOC 131-3-7 .12A 34-3-7 PT LOC 131 34-3-7
Tax Annual Amount 2451
Legal Description PT LOC 131-3-7 .12A 34-3-7 PT LOC 131 34-3-7

Utilities

Cooling system Central Air

Building Details

Year built 1985
Flooring type Concrete, Tile, Carpet
Roof type Metal
Listing Agency: Key Associates Signature Realty
Listed By: Kelly Rochleau · License #RB24002037
Added: May 19, 2025 Changed: Aug 26 Last Checked: Aug 29 at 8:06AM
MLS# 202518424

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This approximately 3,800-square-foot flex property combines finished business space with substantial workshop capacity. The climate-controlled finished area includes three private offices or storage rooms, a full bathroom, and a reception area suitable for front-of-house or administrative functions. Concrete, tile, and carpet flooring are installed throughout, with central air conditioning supporting the interior environment.

Two separate workshop areas provide practical vehicle, equipment, project, or storage space. One workshop has two overhead doors, while the second has three, creating multiple access points for operations and material movement. Built in 1985, the property sits on 0.5 acres and features a metal roof. Located at 206 & 208 S Meridian Street in Washington, Indiana, the building offers a combination of finished workspace and flexible service-oriented improvements.

Key Highlights

  • Approximately 3,800 sq ft of flex space on 0.5 acres
  • Finished, climate‑controlled area with three private offices or storage rooms
  • Reception area and full bathroom included

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Dental Office Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

553
Businesses Nearby
Under-served
Demand for This Use

Demographics for 47501, IN

18,003
Population
7,696
Households
2.3
Avg Household Size
39
Median Age
16%
College-Educated
85%
High-School Grad
139.4 sq mi
ZIP Area
129
Density / Sq Mi
$60,476
Median Household Income
$36,750
Median Earnings
$857
Median Rent
$155,600
Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Climate-controlled building with offices, reception area, and multiple workshop bays.
Where is this flex space located?
The property is located at 206 & 208 S Meridian Street Washington, IN.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Approximately 3,800 sq ft of flex space on 0.5 acres; Finished, climate‑controlled area with three private offices or storage rooms; Reception area and full bathroom included
More about this property
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