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Property profile & analytics
OFF-MARKET
Lifestyle centers

1737 In-57 Washington, IN 47501

7,200 SF 1 ac lot Built 2023
Property ID
Property summary
AI-generated overview

Southside Plaza presents a unique investment opportunity in Washington, Indiana. This newly constructed (2023), single-story, 7,200 square foot shopping center is situated on a one-acre lot at 1737 IN-57, offering excellent visibility and accessibility. The property boasts 43 parking spaces, catering to ample customer convenience. Zoned C-4 Commercial Road Side Business, this location benefits from high traffic counts due to its proximity to Walmart and major thoroughfares including Highway 57, Highway 50 Bypass, and Interstate 69. The building is currently vacant, with an occupancy date of October 7, 2024, providing immediate potential for lease income generation. The property's modern construction and strategic location make it an ideal investment for a variety of retail businesses. The asking price is $1,600,000. The APN is 14-13-03-300-005.004-016. This is a rare chance to acquire a high-quality, strategically located retail property in a growing market. All 7,200 square feet are available for lease. Don't miss this opportunity to secure a prime retail space in a thriving community.

Property profile
Verified
Property type Lifestyle centers
Year built 2023
Total area 7,200 SF
Lot 1 ac (43,560 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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