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Mixed use on the courthouse square 16-18-20 W Washington St 12,274 SF 100% Leased Retail Building Sullivan, IN 47882 $452,100 CAD ($36.83 CAD/SF)



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 paint retail store. The 3rd space was recently a thrift shop retail space, but 2,000 sq ft of open space is now available, allowing for a variety of new business options. The 2 upstairs apartments have a great rental history - a 1 bedroom/1 bath 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 2026 and beyond.
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
$452,100 CAD
Price Per SF
$36.83 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.47
Lot Size
0.11 AC
Zoning
C - Commercial
Frontage
Amenities
- 24 Hour Access
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Moderately walkable
60/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $29,866 CAD | |
| Land Assessment | $24,660 CAD | Total Assessment | $54,526 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$24,660 CAD
Improvements Assessment
$29,866 CAD
Total Assessment
$54,526 CAD
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Mixed use on the courthouse square | 16-18-20 W Washington St
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