Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    300 4Th St Washington, IN 47501

    For Sale
    $225,000

    10-Office Brick Building, Great Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This well-constructed brick medical building, situated at 300 NE 4th Street in Washington, Indiana, presents a compelling investment opportunity. Conveniently located near the Daviess County Courthouse, this property boasts excellent visibility and accessibility. The building's interior features a spacious lobby with a built-in reception desk, creating an immediately professional and welcoming atmosphere. Ten individual offices provide ample space for a variety of medical practices or professional services. Three restrooms ensure convenience for both staff and clients. Additional storage is provided by multiple closets and a sizable basement area, offering versatile storage solutions. The building also benefits from both front and side entrances, enhancing accessibility and flow. The 0.13-acre lot provides ample space for parking and potential future expansion. The building's solid construction and desirable location make it an ideal choice for a variety of uses, offering significant potential for growth and return on investment. The asking price is $225,000. This property is ready for immediate occupancy and presents a rare opportunity to acquire a well-maintained commercial building in a thriving community. Serious inquiries are encouraged.

    Property Features for 300 4Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    5,663 SF

    Building Details

    Year Built
    1910
    Property Profile Insight Report 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
    Washington
    County
    Daviess
    State
    Indiana
    Longitude
    -87.17107
    Latitude
    38.65977

    Nearby Similar for Sale

    • $314,500
      0.50 Acres

      Adaptable Commercial Property in Washington

      Multi-functional commercial property with adaptable space for various uses.
      206 S Meridian St, Washington, IN 47501
      View Details
    • $350,000
      0.15 Acres

      Mixed-Use Property in Downtown Washington

      Mixed-use commercial property with income potential in downtown Washington.
      520 E Van Trees St, Washington, IN 47501
      View Details
    • $53,500
      0.12 Acres

      Versatile Commercial Space Near Main

      Prime location near Main Street, suitable for office or retail.
      19 NE 3Rd St, Washington, IN 47501
      View Details
    • $351,000
      1.80 Acres

      Gateway Crossing Commercial Land

      High-visibility I-69 frontage, 1.8 acres.
      2 Gtwy Xing, Washington, IN 47501
      View Details
    • $324,480
      1.66 Acres

      Gateway Crossing Commercial Lot

      High-visibility I-69 commercial lot.
      3 Gtwy Xing, Washington, IN 47501
      View Details
    • $324,480
      1.66 Acres

      Gateway Crossing Commercial Lot

      High-visibility I-69 commercial land
      7 Gtwy Xing, Washington, IN 47501
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - 10-Office Brick Building, Great Location
    Where is this commercial real estate located?
    The property is located at 300 4Th St Washington, IN.
    What is the asking price?
    The asking price for this property is $225,000.
    (812) 254-3253
    Request Owner's contact information
    300 4Th St Washington, IN 47501
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    300 4Th St
    Washington, IN 47501
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    300 4Th St Washington, IN 47501
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.