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Retail Space in Shopping Center
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116 Cherry Tree Plaza, Washington, IN 47501

Retail suite within Cherry Tree Plaza, a shopping center serving the local community.

Property Size1,200 SF
Days on Market41

Property Features for 116 Cherry Tree Plaza

General Information

Standard status Active
Size 1,200 SF
Listing Agency: Century 21 Classic Realty
Listed By: Shelley Brinson · License #RB14036420
Source: Midwestrealestategroup
Added: Jul 20 Changed: Aug 28 Last Checked: Aug 28 at 7:21AM

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 Century 21 Classic Realty

Investment Insights

Based on property information with market context.

This 1,200-square-foot retail space is located within Cherry Tree Plaza, a shopping center serving the local community. The property is offered for sale as retail space at 116 Cherry Tree Plaza in Washington, Indiana 47501.

Key Highlights

  • 1,200 square feet of retail space
  • Located within Cherry Tree Plaza shopping center
  • 116 Cherry Tree Plaza, Washington, IN 47501

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith Spa & Massage Center

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

381
Businesses Nearby
128k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 47% Shops & Services 25% Groceries 17% Apparel 7%
McDonald's Dining
24,607 visits/mo 0.2 miles
Jay C Food Groceries
16,627 visits/mo 0.1 miles
Washington #1 Shops & Services
13,973 visits/mo 0.3 miles
Taco Bell Dining
12,039 visits/mo 0.1 miles
Arby's Dining
8,121 visits/mo 0.2 miles

Demographics for 47501, IN

18,003
Population
7,696
Households
2.3
Avg Household Size
39
Median Age
16%
College-Educated
85%
High-School Grad
139.4 sq mi
ZIP Area
129
Density / Sq Mi
$60,476
Median Household Income
$36,750
Median Earnings
$857
Median Rent
$155,600
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
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Frequently Asked Questions

What type of property is this?
Retail space - Retail suite within Cherry Tree Plaza, a shopping center serving the local community.
Where is this retail space located?
The property is located at 116 Cherry Tree Plaza Washington, IN.
What are key features of this property?
This property features: 1,200 square feet of retail space; Located within Cherry Tree Plaza shopping center; 116 Cherry Tree Plaza, Washington, IN 47501
More about this property
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