620 E Washington St Winchester, IN 47394
- Retail space
- 6,544 SF
- 0.75 lot acres
Current Use by Public Records
- Retail space
Property Details for 620 E Washington St
- Year built
- 1972
- Construction
- WOOD
- Lot size
- 0.75 lot acres
- Property size
- 6,544 SF
- Property type
- Retail space
- APN
- 68-09-21-259-117.000-021
- APU
- 680921259117000021
Description
This exceptional investment opportunity presents a 7,400 square foot multi-tenant retail building situated at 620-640 E Washington Street in Winchester, Indiana, 47394. The property, built in 1972 and zoned C2, boasts a prime location on the heavily trafficked ST RD 32, ensuring high visibility and accessibility. Currently, a long-term lease is in place with Pizza King, occupying 3,100 square feet. The remaining 4,300 square feet offers significant potential for development, allowing for "build-to-suit" options to accommodate various needs, including additional retail space, offices, or light manufacturing. The building features numerous updates, attractive display windows, ample paved parking, and four overhead doors for convenient access. This property represents a compelling investment prospect due to its strategic location, existing tenancy, and flexible development possibilities. The asking price is $999,000. This is a rare chance to acquire a well-maintained commercial property in a thriving Indiana community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Winchester
- County
- Randolph
- State
- Indiana
- Longitude
- -84.9717
- Latitude
- 40.1723
