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Mixed-Use Building with Restaurant
For Sale
$380,000

20 N Washington St, Knightstown, IN 46148

Two upstairs apartments complement the restaurant operation and commercial space on the main level.

Property Size3,728 SF
Price / SF$101.93
Days on Market8

Property Features for 20 N Washington St

General Information

Standard status Active
Size 3,728 SF
Property subtype Commercial

Additional Details

Business Included Yes
Equipment Included Yes
Multifamily Units 2

Building Details

Year Built 1900
Buildings 1
Listing Agency: F.C. Tucker/Crossroads
Listed By: Michael McKown () · License #RB16000338
Source: Fortwayneareahomesforsale
Added: Oct 6 Changed: Oct 11 Last Checked: Oct 12 at 8:17PM

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 F.C. Tucker/Crossroads

Investment Insights

Based on property information with market context.

This 3,728-square-foot mixed-use building, constructed in 1900, combines ground-floor commercial space with two apartments above. The two commercial spaces are currently joined and operate as a restaurant; equipment and an established operation are included. The upper-level apartments provide separate residential units, and the property has received multiple updates.

The property is located on the historic community square in downtown Knightstown, Indiana.

Key Highlights

  • 3,728‑square‑foot mixed‑use property built in 1900
  • Two commercial spaces currently combined for restaurant use; equipment and established operation included
  • Two separate apartments occupy the upper level

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Law Firm Electrical Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Nail Salon

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

2
Residential units
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 46148, IN

4,859
Population
2,137
Households
2.3
Avg Household Size
44
Median Age
22%
College-Educated
95%
High-School Grad
51.1 sq mi
ZIP Area
95
Density / Sq Mi
$62,951
Median Household Income
$44,236
Median Earnings
$849
Median Rent
$180,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two upstairs apartments complement the restaurant operation and commercial space on the main level.
Where is this mixed-use property located?
The property is located at 20 N Washington St Knightstown, IN.
What is the asking price?
The asking price for this property is $380,000.
What are key features of this property?
This property features: 3,728‑square‑foot mixed‑use property built in 1900; Two commercial spaces currently combined for restaurant use; equipment and established operation included; Two separate apartments occupy the upper level
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