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Renovated Office Suite with Basement
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210 E Washington Street, Rensselaer, IN 47978

Renovated office space with reception, meeting and conference rooms, plus ADA access and parking for five vehicles.

Property SizeContact for details
Days on Market66

Property Features for 210 E Washington Street

General Information

Standard status Active
Total Parking Spaces 5
Property subtype Office
Net Operating Income $14,361

Building Details

Year Built 1947
Listing Agency: Cornerstone Real Estate Agency, Inc.
Listed By: Terri Phegley · License #IN
Source: Crexi
Added: Jul 3 Changed: Sep 5 Last Checked: Sep 4 at 4:39PM

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 Cornerstone Real Estate Agency, Inc.

Investment Insights

Based on property information with market context.

This renovated office property includes a reception and waiting area, ADA-accessible bath, multiple offices, a meeting room, kitchen, and utility room. Updates noted include heat, air, flooring, light fixtures, bath, entrance, and driveway improvements. The basement adds additional office space with a conference room, a large office, storage, and a utility room, offering further expansion space.

Parking is available with three spaces in front and two spaces behind. The property is positioned in a business district and is described as having excellent visibility and accessibility.

The configuration supports day-to-day office use with dedicated meeting and conference space, supplemented by the basement layout for additional workspace or storage needs.

Key Highlights

  • Renovated office space (built 1947) with modern updates including heat, A/C, flooring, light fixtures, bath, entrance, and driveway
  • ADA accessible office layout with reception/waiting room, bath, offices, meeting room, kitchen, conference room, and utility room
  • Basement office space with conference room, large office, storage, and a utility room for expansion

Property Analytics

Current Use

Demotte Carpet Carpet & Flooring Store

Suggested Use

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

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

576
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?
Office units - Renovated office space with reception, meeting and conference rooms, plus ADA access and parking for five vehicles.
Where is this office units located?
The property is located at 210 E Washington Street Rensselaer, IN.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Renovated office space (built 1947) with modern updates including heat, A/C, flooring, light fixtures, bath, entrance, and driveway; ADA accessible office layout with reception/waiting room, bath, offices, meeting room, kitchen, conference room, and utility room; Basement office space with conference room, large office, storage, and a utility room for expansion
(219) 863-2206 Call to check price and availability
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