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Mixed-Use Building with Storefronts
For Sale
$99,900

221 & 223 W Washington St, Hartford City, IN 47348

Two commercial storefronts and an upstairs apartment provide flexible occupancy and leasing options.

Property Size2,244 SF
Price / SF$44.52
Days on Market21

Property Features for 221 & 223 W Washington St

General Information

Standard status Active
Size 2,244 SF

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Average Monthly Rent $550
Utilities to Site Yes

Amenities

gas forced-air heat and central air
electric water heater
durable metal roof
newer replacement windows
security camera system
washer and dryer hookups

Building Details

Year Built 1956
Buildings 1
Listing Agency: RE/MAX Real Estate Groups
Listed By: Tina Coons · License #RB14020128
Source: Kmsrealestategroup
Added: Aug 9 Changed: Aug 28 Last Checked: Aug 28 at 8:42PM

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 Real Estate Groups

Investment Insights

Based on property information with market context.

This mixed-use building combines two commercial storefronts with a 2-bedroom apartment across 2,244 square feet. The ground-floor spaces include separate showrooms, restrooms, and storage areas; they are currently connected but can operate as individual storefronts. The upper apartment has a living room, kitchen, one full bath, washer and dryer hookups, an electric range, and a refrigerator. It is currently rented, while the commercial level is equipped with gas forced-air heat and central air.

Additional property features include an electric water heater, metal roofing, some newer replacement windows, and a security camera system. The building dates to 1956 and is located at 221 & 223 W Washington St, Hartford City, IN 47348. The upstairs tenant pays the water bill for the building. The property can accommodate an owner-user, separate storefront occupancy, or leasing across the commercial and residential components, subject to applicable requirements.

Key Highlights

  • 2,244‑square‑foot mixed‑use building with two commercial storefronts and a 2‑bedroom apartment
  • Ground‑floor spaces include showrooms, restrooms, and storage areas
  • Connected storefronts can function as one larger commercial space or as separate units

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Dental Office Restaurant HVAC Service

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

1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby

Demographics for 47348, IN

9,507
Population
4,541
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
90%
High-School Grad
116.3 sq mi
ZIP Area
82
Density / Sq Mi
$44,198
Median Household Income
$33,930
Median Earnings
$626
Median Rent
$98,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Two commercial storefronts and an upstairs apartment provide flexible occupancy and leasing options.
Where is this mixed-use property located?
The property is located at 221 & 223 W Washington St Hartford City, IN.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 2,244‑square‑foot mixed‑use building with two commercial storefronts and a 2‑bedroom apartment; Ground‑floor spaces include showrooms, restrooms, and storage areas; Connected storefronts can function as one larger commercial space or as separate units
More about this property
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