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    1022 S Washington St Delphi, IN 46923

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    For Lease
    $3,000 /Mo ($12 SF/Yr)

    Retail or restaurant space with drive-up window and ample parking.

    Property size:
    2,947 SF
    Lot size:
    0.61 Acres

    Property Features for 1022 S Washington St

    General Information

    Size
    2,947 SF
    Lot size
    0.61 Acres

    Source: Kevin Bol Commercial Group LLC Agent Kevin Bol

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Delphi Retail/Restaurant Space Available

    This retail or restaurant location offers numerous possibilities and can be configured to suit tenant needs. The property has undergone several upgrades, including electrical, restrooms, plumbing, parking lot, and perimeter lighting improvements. It is zoned B-2 and has a seating capacity of 50-60. A drive-up window and a walk-in cooler/freezer are present. Ample parking is available. The property is located in Delphi, where growth is anticipated. In the fall of 2024, Iron Men Properties plans to construct 68 new multifamily units. Additionally, 175 new homes are scheduled to be built in Bowen Estate across the street, serving the Delphi area. The property size is 2947 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Mitchell's Mexican Grill, Treasures in the Woods Catering

    Location Insight

    • Map
    • Local Demand
    City
    Delphi
    County
    Carroll
    State
    Indiana
    Longitude
    -86.66726
    Latitude
    40.579469

    Nearby Similar for Lease

    • $4 SF/Yr
      10,944 SF

      Delphi Warehouse Space Available

      10,944 SF warehouse space for lease in Delphi, Indiana.
      1752 W Us Highway 421, Delphi, IN 46923
      View Details

    FAQs

    What type of property is this?
    Restaurant - Retail or restaurant space with drive-up window and ample parking.
    Where is this restaurant located?
    The property is located at 1022 S Washington St Delphi, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: - Ample parking available for customers and staff.; - Convenient drive-up window for quick service.; - Walk-in cooler/freezer provides ample cold storage.
    (765) 490-7890
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1022 S Washington St Delphi, IN 46923
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