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Climate-Controlled Flex Space
For Sale
$284,900

206 S Meridian St, Washington, IN 47501

Finished space combines private rooms, reception, restroom, and workshop access.

Property Size3,808 SF
Price / SF$74.82
Days on Market29

Property Features for 206 S Meridian St

General Information

Standard status Active
Size 3,808 SF

Additional Details

Drive-In Doors 5

Building Details

Year Built 1985
Listing Agency: Key Associates Signature Realty
Listed By: Kara Hinshaw · License #RB24002037
Source: Eveloteam
Added: Aug 2 Changed: Aug 29 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 Key Associates Signature Realty

Investment Insights

Based on property information with market context.

This flex space combines a finished, climate-controlled area with three private offices or storage rooms, a full bathroom, and a reception area. Two separate workshop areas add operational flexibility, with overhead-door access in both sections. One workshop is served by two overhead doors, while the other has three, supporting vehicle, equipment, or project-related activity.

The property is located at 206 & 208 S Meridian St in Washington, Indiana. Built in 1985, the configuration brings together office or storage rooms and substantial workshop space within one commercial property.

Key Highlights

  • Finished, climate‑controlled area with 3 private offices or storage rooms
  • Full bathroom and spacious reception area
  • Two separate workshop areas provide distinct work zones

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Dental Office Parking Lot & Garage

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

5
Drive-in doors

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Finished space combines private rooms, reception, restroom, and workshop access.
Where is this flex space located?
The property is located at 206 S Meridian St 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: Finished, climate‑controlled area with 3 private offices or storage rooms; Full bathroom and spacious reception area; Two separate workshop areas provide distinct work zones
More about this property
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