305 Washington St Winchester, IN 47394-1506
This exceptional commercial property, situated at 305 W Washington Street in Winchester, Indiana, presents a unique investment opportunity. Boasting a prime location on US-32, a major highway connecting Dayton and Indianapolis, this property benefits from significant daily traffic volume, ensuring high visibility and accessibility for any business. The 0.74-acre lot provides ample space for various commercial uses, offering potential for expansion or additional development. The building itself is ready for immediate occupancy, presenting a blank canvas for a wide range of businesses. Its strategic location between two major metropolitan areas makes it an ideal spot to serve a large customer base. The asking price of $249,900 represents a compelling value for a property with such high potential in a thriving commercial corridor. This property is perfect for entrepreneurs seeking a high-visibility location with excellent access to a large regional market. The substantial traffic flow on US-32 guarantees significant exposure, making it an attractive option for businesses seeking to establish a strong presence in the area. Serious inquiries are encouraged to explore the possibilities this exceptional property offers. The size of the building is not currently specified, allowing for flexibility in potential uses and tenant requirements. This is a rare opportunity to acquire a well-positioned commercial property in a rapidly growing region.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
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.