103 East St Winchester, IN 47394
This exceptional commercial property, located at 103 N East Street in Winchester, Indiana, presents a unique investment or business expansion opportunity. Situated on a 0.08-acre lot, this building boasts approximately [Square footage not provided] of versatile space, previously utilized as a school administrative office. The property features several generously sized offices, perfect for a variety of business needs. Three bathrooms and two kitchenettes provide ample convenience for employees and clients. Recent upgrades include a brand-new HVAC system ensuring year-round comfort and updated hardwood floors adding a touch of elegance. The building's prime location, just off the downtown square, offers excellent visibility and accessibility. This property's adaptability makes it ideal for various uses. An investor could potentially lease the ground floor as office space while converting the upper level into a residential apartment, generating dual income streams. The combination of its desirable location, modern amenities, and flexible layout makes this a truly exceptional opportunity in the heart of Winchester. The asking price is $289,900. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.