9 Main St Washington, IN 47501-2926
This exceptional 1-square-foot commercial building, constructed in 1890, presents a unique investment opportunity in a vibrant downtown location. The single-story structure boasts two convenient front entrances, offering excellent accessibility for customers. The west side features an open floor plan, perfect for flexible retail use, complemented by a half bath and a utility room. The east side provides a more formal layout, including a reception area and three private offices, along with another half bath. A significant asset is the large conference room situated on the south end of the building, accessible from both the east and west sides. This versatile space also includes a kitchenette area, ideal for catering events or employee breaks. Public on-street parking is readily available directly in front of the building, ensuring convenient access for both staff and patrons. The property's historical character and prime downtown location make it an attractive proposition for a variety of retail businesses seeking a unique and well-appointed space. The building's Assessor's Parcel Number (APN) is 14-10-27-304-107.00.
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
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.