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Renovated Mixed-Use Property
For Sale
Contact for pricing
Pending

206 W Washington St, Rensselaer, IN 47978

Two-level layout combines professional office space with a renovated apartment.

Property SizeContact for details
Days on Market143

Property Features for 206 W Washington St

General Information

Standard status Pending
Property subtype Retail, Mixed Use

Building Details

Buildings 1
Stories 2
Listing Agency: RE MAX Executives
Listed By: Jason DeYoung · License #IN RB18001924
Source: Crexi
Added: Apr 11 Changed: Aug 29 Last Checked: Aug 29 at 11:51PM

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 RE MAX Executives

Investment Insights

Based on property information with market context.

This mixed-use property provides over 4,800 square feet of renovated space across two levels. The ground floor is configured for office use with a lobby, separate reception area, six private offices, two commercial restrooms, a sizable break room, and a dedicated IT room. Upstairs, a renovated two-bedroom, two-bath apartment offers an open living arrangement and updated kitchen.

The property is located at 206 W Washington St in Rensselaer, Indiana, within the city’s business district. The existing configuration brings distinct commercial and residential components together in one building, while the reported capitalization rate exceeds 11%.

Key Highlights

  • Over 4,800 square feet of renovated mixed‑use space
  • Ground‑floor office layout includes six private offices and two commercial restrooms
  • Office level features a lobby, separate reception area, break room, and dedicated IT room

Property Analytics

Current Use

Jasper County WIC ... Charitable Organization

Suggested Use

Top Pick Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store Barber Shop Carpet & Flooring Store Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

587
Businesses Nearby

Demographics for 47978, IN

10,815
Population
4,355
Households
2.5
Avg Household Size
42
Median Age
18%
College-Educated
91%
High-School Grad
263.7 sq mi
ZIP Area
41
Density / Sq Mi
$71,359
Median Household Income
$35,486
Median Earnings
$867
Median Rent
$180,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two-level layout combines professional office space with a renovated apartment.
Where is this mixed-use property located?
The property is located at 206 W Washington St Rensselaer, IN.
What are key features of this property?
This property features: Over 4,800 square feet of renovated mixed‑use space; Ground‑floor office layout includes six private offices and two commercial restrooms; Office level features a lobby, separate reception area, break room, and dedicated IT room
More about this property
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