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

The retail offering is located within a shopping center built in 1988.

Property Size1,200 SF
Price / SF$12
Days on Market9

Property Features for 116 Cherry Tree Plaza ***

General Information

Standard status Active
Size 1,200 SF
Property subtype Commercial

Building Details

Year Built 1988
Listing Agency: Century 21 Classic Realty
Listed By: Shelley Brinson · License #RB14036420
Source: Jmrealtyonline
Added: Oct 21 Changed: Oct 29 Last Checked: Oct 28 at 11:29AM

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

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Investment Insights

Based on property information with market context.

This 1,200-square-foot retail space is located in a shopping center constructed in 1988. The property is at 116 Cherry Tree Plaza in Washington, Indiana.

Key Highlights

  • 1,200 square feet of retail space
  • Shopping center built in 1988

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Law Firm Dental Office Skin Care Clinic (Bike/Boat/Book/etc) Store Locksmith Cafe & Coffee Shop

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
Under-served
Demand for This Use

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

Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — Kroger - Jay C Food Store, 2 Cherry Tree Plaza, Washington, IN 47501

Frequently Asked Questions

What type of property is this?
Shopping center - The retail offering is located within a shopping center built in 1988.
Where is this shopping center 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; Shopping center built in 1988
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