Share This Listing

Message

917 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Mixed use on the courthouse square 16-18-20 W Washington St 12,274 SF 100% Leased Retail Building Sullivan, IN 47882 $460,654 CAD ($37.53 CAD/SF)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

  • Great location downtown on the square
  • Open floor plans, many with exposed brick walls
  • Lots of natural light and room to expand

EXECUTIVE SUMMARY

Here is a turn-key property that is cash-flowing in the heart of downtown Sullivan IN on the north side of the courthouse square. You will love the historical details that also feature updated improvements. There are 3 main floor commercial spaces with 2 leased businesses in operation - a chiropractic office and a thrift retail store. The 3rd space is currently a tea room with retail but will be vacant in March '25, allowing for a variety of new business options to explore the space. The 2 upstairs apartments have a great rental history - one is an efficiency and the other is 3 bedrooms/2 baths and both are tenant-occupied. Ask your commercial agent for a tour and get ready to grow your wealth in 2025 and beyond.

ATTACHMENTS

flyer

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
12,274 SF
Building Class
B
Year Built/Renovated
1919/2024
Price
$460,654 CAD
Price Per SF
$37.53 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.47
Lot Size
0.11 AC
Zoning
C - Commercial
Frontage
65’ on Washington

AMENITIES

  • 24 Hour Access
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning
  • Fiber Optic Internet
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 77-07-34-222-019.000-012
  • 77-07-34-222-064.000-012
Land Assessment
$25,296 CAD
Improvements Assessment
$23,469 CAD
Total Assessment
$48,764 CAD
  • Listing ID: 34149176

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 16-18-20 W Washington St, Sullivan, IN 47882

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}