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Downtown Restaurant With Retail Space
For Sale
$850,000

118 E Washington St, Nashville, IN 47448

Restaurant property combines retail space with indoor and outdoor dining areas.

Property Size4,044 SF
Price / SF$210.19
Days on Market45

Property Features for 118 E Washington St

General Information

Standard status Active
Size 4,044 SF

Additional Details

Business Included Yes
Listing Agency: RE/MAX Acclaimed Properties
Listed By: A.J. Bowlen · License #RB16000753
Source: Eveloteam
Added: Jul 16 Changed: Aug 28 Last Checked: Aug 25 at 4:30AM

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 RE/MAX Acclaimed Properties

Investment Insights

Based on property information with market context.

Located at 118 E Washington St in Nashville, Indiana, this restaurant property includes retail space alongside indoor dining areas. Outdoor dining is also part of the existing offering, creating multiple customer-facing components within the property.

The building contains 4,044 square feet and was constructed in 1953. The lot includes room for additional development, such as expanded dining or retail space. The existing structure may also be configured as three separate businesses, each with its own entrance, subject to applicable approvals.

Key Highlights

  • 4,044‑square‑foot restaurant property at 118 E Washington St
  • Retail area plus indoor and outdoor dining components
  • Constructed in 1953

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Repair Shop Dental Office Building Supply Big Box & Wholesale Store Electrical Service 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

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

618
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47448, IN

7,816
Population
3,995
Households
2
Avg Household Size
52
Median Age
28%
College-Educated
94%
High-School Grad
187.6 sq mi
ZIP Area
42
Density / Sq Mi
$65,136
Median Household Income
$41,278
Median Earnings
$1,032
Median Rent
$245,600
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property combines retail space with indoor and outdoor dining areas.
Where is this conventional restaurant located?
The property is located at 118 E Washington St Nashville, IN.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 4,044‑square‑foot restaurant property at 118 E Washington St; Retail area plus indoor and outdoor dining components; Constructed in 1953
More about this property
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