Search
Five-Unit Mixed-Use Building
For Sale
$325,000

28 N Washington Street, Knightstown, IN 46148

COMMERCIAL, Knightstown, IN

Property SizeContact for details
Lot Size0.10 Acres
Days on Market477

Property Features for 28 N Washington Street

General Information

Property type Commercial Sale
Property subtype Other
Rooms Basement
Parking features Off Street
Lot features City
Directions GPS Friendly
Subdivision Henry County
Standard status Active
APN 33-16-33-241-268.000-030
Lot size 0.10 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description ORIG PLAT MID 60.5' LOT 2 BLK 5
Tax Annual Amount 2518
Legal Description ORIG PLAT MID 60.5' LOT 2 BLK 5

Utilities

Cooling system Central Air

Building Details

Year built 1900
Flooring type Wood, Vinyl
Listing Agency: F.C. Tucker/Crossroads Real Estate
Listed By: Cara Huffman · License #RB14039883
Added: May 9, 2025 Changed: Aug 19 Last Checked: Aug 28 at 9:06AM
MLS# 202517322

Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This five-unit mixed-use property at 28 N Washington Street combines renovated commercial, office, showroom, and residential spaces. Unit 24 includes a showroom, kitchenette, bathroom, and storage. Unit 26 offers a lobby, three private offices, and a washer/dryer connection. The second-floor 28A suite has 14-foot ceilings and two large open rooms, while 28B is a renovated two-bedroom apartment with an open layout. Unit 32 is another fully renovated commercial space. Each unit has an updated bathroom, and the building features wood and vinyl flooring, central air, exposed brick, tall ceilings, and original hardwood floors. The 1900-built property also includes a basement and off-street parking.

Gas and electric service are individually metered to the tenants, while water is paid by the owner. The property is located in Knightstown, Indiana, within Henry County.

Key Highlights

  • Five‑unit mixed‑use property with office, commercial, showroom, and residential spaces
  • Unit 24 includes a showroom, kitchenette, bathroom, and storage
  • Unit 26 has a lobby, three private offices, and a washer/dryer connection

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Electrical Service Auto Parts Store Plumbing Service (Bike/Boat/Book/etc) Store Nail Salon

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
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

270
Businesses Nearby

Demographics for 46148, IN

4,859
Population
2,137
Households
2.3
Avg Household Size
44
Median Age
22%
College-Educated
95%
High-School Grad
51.1 sq mi
ZIP Area
95
Density / Sq Mi
$62,951
Median Household Income
$44,236
Median Earnings
$849
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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Mixed-use property - Multi-tenant property with office, commercial, showroom, and residential configurations, plus separately metered gas and electric service.
Where is this mixed-use property located?
The property is located at 28 N Washington Street Knightstown, IN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Five‑unit mixed‑use property with office, commercial, showroom, and residential spaces; Unit 24 includes a showroom, kitchenette, bathroom, and storage; Unit 26 has a lobby, three private offices, and a washer/dryer connection
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message