Flexible Industrial
206 & 208 S Meridian Street, Washington, IN 47501
For Sale
$284,900
COMMERCIAL, Washington, IN
Property Size3,800 SF
Lot Size0.50 Acres
Price / SF$74.97
Days on Market541
Property Features for 206 & 208 S Meridian Street
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Listing Agency:
Key Associates Signature Realty
(800) 234-0724
Listed By:
Kelly Rochleau · License IN RB24002037
(515) 491-7820
Added: May 19, 2025
Changed: Oct 25
Last Checked: Nov 10 at 12:06PM
MLS# 202518424
Copyright © 2026 Southwest Indiana 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 approximately 3,800-square-foot flex property combines finished business space with substantial workshop capacity. The climate-controlled finished area includes three private offices or storage rooms, a full bathroom, and a reception area suitable for front-of-house or administrative functions. Concrete, tile, and carpet flooring are installed throughout, with central air conditioning supporting the interior environment.
Two separate workshop areas provide practical vehicle, equipment, project, or storage space. One workshop has two overhead doors, while the second has three, creating multiple access points for operations and material movement. Built in 1985, the property sits on 0.5 acres and features a metal roof. Located at 206 & 208 S Meridian Street in Washington, Indiana, the building offers a combination of finished workspace and flexible service-oriented improvements.
Two separate workshop areas provide practical vehicle, equipment, project, or storage space. One workshop has two overhead doors, while the second has three, creating multiple access points for operations and material movement. Built in 1985, the property sits on 0.5 acres and features a metal roof. Located at 206 & 208 S Meridian Street in Washington, Indiana, the building offers a combination of finished workspace and flexible service-oriented improvements.
Key Highlights
- Approximately 3,800 sq ft of flex space on 0.5 acres
- Finished, climate‑controlled area with three private offices or storage rooms
- Reception area and full bathroom included
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Current Use
Lease Details
5
Drive-in doors
Location Intelligence
Trade Area within ½ mile
553
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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
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Market
Vacancy Rate% for Industrial in Midwest region
Frequently Asked Questions
What type of property is this?
Flex space - Climate-controlled building with offices, reception area, and multiple workshop bays.
Where is this flex space located?
The property is located at 206 & 208 S Meridian Street Washington, IN.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: Approximately 3,800 sq ft of flex space on 0.5 acres; Finished, climate‑controlled area with three private offices or storage rooms; Reception area and full bathroom included
