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    103 East St Winchester, IN 47394

    For Sale
    $289,900

    Prime Downtown Location, Versatile Space

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional commercial property, located at 103 N East Street in Winchester, Indiana, presents a unique investment or business expansion opportunity. Situated on a 0.08-acre lot, this building boasts approximately [Square footage not provided] of versatile space, previously utilized as a school administrative office. The property features several generously sized offices, perfect for a variety of business needs. Three bathrooms and two kitchenettes provide ample convenience for employees and clients. Recent upgrades include a brand-new HVAC system ensuring year-round comfort and updated hardwood floors adding a touch of elegance. The building's prime location, just off the downtown square, offers excellent visibility and accessibility. This property's adaptability makes it ideal for various uses. An investor could potentially lease the ground floor as office space while converting the upper level into a residential apartment, generating dual income streams. The combination of its desirable location, modern amenities, and flexible layout makes this a truly exceptional opportunity in the heart of Winchester. The asking price is $289,900. Serious inquiries are encouraged.

    Property Features for 103 East St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,485 SF

    Building Details

    Year Built
    1930
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    -84.97997
    Latitude
    40.17273

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Downtown Location, Versatile Space
    Where is this commercial real estate located?
    The property is located at 103 East St Winchester, IN.
    What is the asking price?
    The asking price for this property is $289,900.
    (765) 595-8155
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    103 East St 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
    103 East St Winchester, IN 47394
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