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    620 E Washington St Winchester, IN 47394

    For Sale
    $999,000

    Retail, Restaurant,Storage Unit/Facility - Winchester, IN

    Type:Retail
    Lot size:
    0.78 Acres
    Days on Market:
    474
    Last Refresh:
    Dec 13 at 11:06 am

    Property Features for 620 E Washington St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Retail
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Office
    Bathrooms
    5
    APN
    68-09-21-259-117.000-021
    Parking features
    Paved or Surfaced
    Interior features
    Block, Drywall, Overhead Door 1, Overhead Door 2, Compressed Air Lines, Display Window(s), Office Space, Public Restrooms
    Exterior features
    Overhead Door 1, Overhead Door 2, Compressed Air Lines, Display Window(s), Office Space, Public Restrooms
    Lot size
    0.78 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas

    Building Details

    Year built
    1972
    Floors in Building
    1
    Flooring type
    Laminate
    Building materials
    Block, Brick
    Roof type
    Flat
    Architectural style
    Other

    David M Tarter (765) 595-8155 [email protected]

    Listing agent Paul Faddis (765) 595-8155 License #RB15000347

    Listing date Aug 27, 2024

    MLS# 202237964 Listing URL

    Copyright © 2025 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Winchester Retail Investment Opportunity

    This commercial property is located in Winchester, Indiana, on a heavily traveled section of State Highway 32, near its intersection with Highway 27. The property is zoned C2. The property has a long-term lease in place with Pizza King, which occupies 3,100 square feet of space. Other tenants include a Mexican restaurant, a grocery outlet, and an outlet store. The lot size is 0.78 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Winchester
    County
    Randolph
    State
    Indiana
    Longitude
    -84.971614
    Latitude
    40.172269

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    FAQs

    What type of property is this?
    Neighborhood center - High-traffic commercial property with diverse tenants in Winchester, Indiana.
    Where is this neighborhood center located?
    The property is located at 620 E Washington St Winchester, IN.
    What is the asking price?
    The asking price for this property is $999,000.
    What are key features of this property?
    This property features: - High-traffic commercial property on heavily traveled State Highway 32; - Zoned C2, suitable for a variety of commercial uses; - Current long-term lease in place with Pizza King (3,100 Sq. Ft.)
    (765) 595-8155
    Request Owner's contact information
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    Winchester, IN 47394
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    620 E Washington St Winchester, IN 47394
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