520 E Van Trees St, Washington, IN 47501
- Office Spaces
- 3,780 SF
- 0.15 lot acres
Current Use by Public Records
- Office Spaces
Property Details for 520 E Van Trees St
- Year built
- 1975
- Construction
- WOOD
- Lot size
- 0.15 lot acres
- Property type
- Office Spaces
- APN
- 14-10-27-404-057.000-017
- APU
- 141027404057000017
Description
This exceptional mixed-use commercial property, situated at 520 E Van Trees Street in the heart of Washington, Indiana, presents a compelling investment opportunity. The 0.15-acre lot boasts a convenient paved parking lot, a significant advantage in this bustling downtown area. The property comprises five individual units, currently operating under month-to-month leases, providing immediate income potential. This established rental stream offers a strong foundation for a savvy investor seeking passive income or a flexible platform for expansion. Alternatively, the property's prime location near Main Street makes it an ideal setting for a new business venture, offering excellent visibility and accessibility to a thriving community. The versatility of this property allows for a range of uses, catering to diverse business needs. The existing tenants provide a stable income stream while the property's location offers significant potential for future growth and appreciation. This is a rare opportunity to acquire a well-positioned commercial property in a desirable downtown location, offering both immediate income and long-term growth prospects. The property is priced at $399,500. Serious inquiries are encouraged.
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Location Insight
- Map
- Local Demand
- City
- Washington
- County
- Daviess
- State
- Indiana
- Longitude
- -87.1697
- Latitude
- 38.6579
- CBSA code
- 47780
- CBSA name
- WASHINGTON, IN MICROPOLITAN STATISTICAL AREA
