Mixed-Use Property with
16-18-20 W Washington Street, Sullivan, IN 47882
For Sale
$280,000
COMMERCIAL/INDUSTRIAL, Sullivan, IN
Property SizeContact for details
Lot Size0.24 Acres
Days on Market146
Property Features for 16-18-20 W Washington Street
General Information
Property type
Property subtype
Interior features
Accessibility
Subdivision
Standard status
APN
Lot size
Additional Details
Tenant in Place
Mixed-Use Components
Utilities
Heating system
Cooling system
Amenities
off-street parking
Building Details
Additional Structures
Buildings
Listing Agency:
CROSSROADS REAL ESTATE GROUP LLC
(317) 696-9087
Listed By:
Tipton Davis · License IN RB23001701
(812) 564-4167
Added: Jun 22
Changed: Oct 31
Last Checked: Nov 14 at 1:06AM
MLS# 109717
Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
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This mixed-use building combines three street-level retail or commercial suites with two residential units above. Two of the commercial suites are occupied, while the remaining suite can support a new tenant or owner-user. The apartments include a leased three-bedroom, two-bath residence and a leased one-bedroom, one-bath unit.
Nearly 4,000 square feet of unfinished space occupies the upper level and is partially positioned for conversion into additional apartments. The property sits at 16-18-20 W Washington Street in Sullivan, near the courthouse square, and includes off-street parking. Interior features include display windows, storage, living space, handicap access, and a handicap restroom. Building systems include natural gas forced-air heat and central air conditioning.
Nearly 4,000 square feet of unfinished space occupies the upper level and is partially positioned for conversion into additional apartments. The property sits at 16-18-20 W Washington Street in Sullivan, near the courthouse square, and includes off-street parking. Interior features include display windows, storage, living space, handicap access, and a handicap restroom. Building systems include natural gas forced-air heat and central air conditioning.
Key Highlights
- Three street‑level retail or commercial suites, with two currently occupied
- Two leased apartments: one 3‑bedroom, 2‑bath unit and one 1‑bedroom, 1‑bath unit
- Nearly 4,000 square feet of unfinished upper‑level space
Property Analytics
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
341
Businesses Nearby
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Business Placement
Demographics for 47882, IN
8,487
Population
4,017
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
95%
High-School Grad
141.8 sq mi
ZIP Area
60
Density / Sq Mi
$53,522
Median Household Income
$34,916
Median Earnings
$846
Median Rent
$142,900
Median Home Value
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Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Downtown building with retail suites, leased apartments, unfinished upper-level space, and off-street parking.
Where is this mixed-use property located?
The property is located at 16-18-20 W Washington Street Sullivan, IN.
What is the asking price?
The asking price for this property is $280,000.
What are key features of this property?
This property features: Three street‑level retail or commercial suites, with two currently occupied; Two leased apartments: one 3‑bedroom, 2‑bath unit and one 1‑bedroom, 1‑bath unit; Nearly 4,000 square feet of unfinished upper‑level space
