Building Details

Year Built 1900

Listing Agency: Tarter Realty Auction and Appraisal Company

Listed By: Paul Faddis · License #RB15000347 Show Phone

Source: Spencerchildersgroup

Added: Sep 16 Changed: Sep 17 Last Checked: Sep 19 at 11:07AM

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Investment Insights

Based on property information with market context.

Located at 115 E Franklin St in downtown Winchester, this 880-square-foot retail space offers an open interior suited to a range of office or business uses. The suite includes a private bathroom and handicap accessibility, providing practical features for daily operations.

The space was previously used as a hair salon and has multiple water lines for sinks, along with a washer/dryer hookup. Built in 1900, the property places a flexible commercial interior in a central downtown setting.

Key Highlights

• 880‑square‑foot retail space at 115 E Franklin St
• Open interior with private bathroom
• Handicap accessibility

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Building Supply Real Estate Agency Electrical Service Big Box & Wholesale Store 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.

Lease Details

NNN (Triple Net)

Lease Type

$1.33 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

395

Businesses Nearby

Explore this area Business Placement

Demographics for 47354, IN

1,072

Population

521

Households

2.1

Avg Household Size

44

Median Age

10%

College-Educated

91%

High-School Grad

29.0 sq mi

ZIP Area

37

Density / Sq Mi

$63,204

Median Household Income

$40,975

Median Earnings

$872

Median Rent

$115,600

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Downtown commercial suite with private restroom, handicap accessibility, and plumbing connections for sinks.

Where is this retail space located?

The property is located at 115 E Franklin St Winchester, IN.

What is the lease rate?

The lease rate is $650/Mo.

What are key features of this property?

This property features: 880‑square‑foot retail space at 115 E Franklin St; Open interior with private bathroom; Handicap accessibility