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Downtown Office Unit
New
For Lease
$650/Mo

115 E Franklin Street, Winchester, IN 47354

COMMERCIAL FOR LEASE, Winchester, IN

Space Size880 SF
Lot Size0.08 Acres
Days on Market6

Property Features for 115 E Franklin Street

General Information

Property type Residential
Property subtype Office
Lot features City
Directions E on 32 to Winchester. Right on S Main St. Left on W Franklin St. Property is on the left.
Subdivision Randolph County
Standard status Active
APN 68-09-20-435-138.000-021
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description Monk Add 67' E End Lot 27
Legal Description Monk Add 67' E End Lot 27

Utilities

Cooling system Central Air

Amenities

private bathroom
handicap accessibility
washer/dryer hookup

Building Details

Year built 1900
Flooring type Wood
Listing Agency: Tarter Realty Auction and Appraisal Company
Listed By: Paul Faddis · License #RB15000347
Added: Sep 11 Changed: Sep 14 Last Checked: Sep 16 at 5:06AM
MLS# 202637904

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This office unit offers an open interior arrangement with wood flooring, central air, a private bathroom, and handicap accessibility. The space was previously configured for salon use and includes multiple water lines for sinks along with a washer and dryer hookup, providing adaptable infrastructure for a range of office or business functions.

The property is located at 115 E Franklin Street in downtown Winchester, Indiana. Its central setting and flexible interior support a straightforward commercial occupancy without relying on a fixed buildout or specialized layout.

Key Highlights

  • Open commercial layout with wood flooring
  • Private bathroom and handicap accessibility
  • Multiple water lines installed for sinks

Property Analytics

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Current Use

Office Units

Suggested Use

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

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
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Frequently Asked Questions

What type of property is this?
Office units - Open commercial layout with private restroom, accessibility features, central air, and plumbing provisions for business operations.
Where is this office units located?
The property is located at 115 E Franklin Street Winchester, IN.
What is the lease rate?
The lease rate is $650/Mo.
What are key features of this property?
This property features: Open commercial layout with wood flooring; Private bathroom and handicap accessibility; Multiple water lines installed for sinks
More about this property
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