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    19 3Rd St Washington, IN 47501

    For Sale
    $79,500

    Historic building, versatile space, prime location.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property at 19 NE 3rd Street in Washington, Indiana, presents a unique investment opportunity. Boasting a prime location just one block from Main Street and the new Commons development, this historic building offers significant potential for a variety of uses. The main level encompasses over 4500 square feet of adaptable space, ideal for office, retail, or a mixed-use development. Its central downtown location provides easy access to local amenities, including restaurants, shops, and the vibrant events that characterize this desirable area. Adding to its appeal is an attached garage, providing convenient parking or storage. Furthermore, a partial basement offers additional storage or potential for expansion. The property also includes a substantial second floor, offering approximately 3280 square feet of additional space, perfect for expansion or additional commercial use. The 0.12-acre lot provides ample space for outdoor activities or potential future development. This property is priced at $79,500 and represents a rare chance to acquire a versatile and well-situated commercial building in a thriving downtown area. Don't miss this opportunity to own a piece of Washington's history and future.

    Property Features for 19 3Rd St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,227 SF

    Building Details

    Year Built
    1880
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    Daviess
    State
    Indiana
    Longitude
    -87.17252
    Latitude
    38.65761

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    FAQs

    What type of property is this?
    Commercial real estate - Historic building, versatile space, prime location.
    Where is this commercial real estate located?
    The property is located at 19 3Rd St Washington, IN.
    What is the asking price?
    The asking price for this property is $79,500.
    (812) 254-5204
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    19 3Rd St Washington, IN 47501
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    Washington, IN 47501
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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
    19 3Rd St Washington, IN 47501
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