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Office Building with Unfinished Second Floor
For Sale
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108 S Meridian Street, Winchester, IN 47394

The existing office area includes multiple offices, a reception area, and a kitchenette.

Property SizeContact for details
Days on Market10

Property Features for 108 S Meridian Street

General Information

Standard status Active
Property subtype Commercial

Additional Details

Property Use Office

Amenities

multiple offices
reception area
kitchenette
flexible workspace options

Building Details

Year Built 1948
Buildings 1
Listing Agency: Tarter Realty Auction and Appraisal Company
Listed By: Paul Faddis · License #RB15000347
Source: Jmrealtyonline
Added: Oct 21 Changed: Oct 28 Last Checked: Oct 28 at 4:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tarter Realty Auction and Appraisal Company

Rey
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Investment Insights

Based on property information with market context.

Built in 1948, this office building offers more than 3,600 sq. ft. of existing workspace arranged with multiple offices, a reception area, and a kitchenette. An additional 3,795 sq. ft. on the second floor is open and unfinished, allowing the space to be completed to suit the occupant’s requirements.

The property is located in downtown Winchester at 108 S Meridian Street.

Key Highlights

  • More than 3,600 sq. ft. of existing office space
  • Second floor has 3,795 sq. ft. of open, unfinished space
  • Multiple offices, reception area, and kitchenette

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Dental Office Building Supply Electrical Service (Bike/Boat/Book/etc) Store Furniture & Home Goods Storage Facility

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

395
Businesses Nearby

Demographics for 47394, IN

8,064
Population
3,689
Households
2.2
Avg Household Size
43
Median Age
14%
College-Educated
92%
High-School Grad
122.1 sq mi
ZIP Area
66
Density / Sq Mi
$66,335
Median Household Income
$39,872
Median Earnings
$780
Median Rent
$110,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - The existing office area includes multiple offices, a reception area, and a kitchenette.
Where is this office building located?
The property is located at 108 S Meridian Street Winchester, IN.
What are key features of this property?
This property features: More than 3,600 sq. ft. of existing office space; Second floor has 3,795 sq. ft. of open, unfinished space; Multiple offices, reception area, and kitchenette
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