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Property profile & analytics
OFF-MARKET
Commercial real estate

19 3Rd St Washington, IN 47501

0.12 ac lot Built 1880
Property ID
Property summary
AI-generated overview

This exceptional commercial property at 19 NE 3rd Street in Washington, Indiana, presents a unique investment opportunity. Boasting a prime location just one block from Main Street and the new Commons development, this historic building offers significant potential for a variety of uses. The main level encompasses over 4500 square feet of adaptable space, ideal for office, retail, or a mixed-use development. Its central downtown location provides easy access to local amenities, including restaurants, shops, and the vibrant events that characterize this desirable area. Adding to its appeal is an attached garage, providing convenient parking or storage. Furthermore, a partial basement offers additional storage or potential for expansion. The property also includes a substantial second floor, offering approximately 3280 square feet of additional space, perfect for expansion or additional commercial use. The 0.12-acre lot provides ample space for outdoor activities or potential future development. This property is priced at $79,500 and represents a rare chance to acquire a versatile and well-situated commercial building in a thriving downtown area. Don't miss this opportunity to own a piece of Washington's history and future.

Property profile
Verified
Property type Commercial real estate
Year built 1880
Lot 0.12 ac (5,227 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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