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520 E Van Trees St
Washington, IN 47501
Office Property For Sale
Investment Highlights
- Located in the heart of downtown Washington near Main Street with high local traffic.
- Versatile mixed-use configuration suitable for retail, office, or service-based businesses.
- Five units currently operating on flexible month-to-month leases offering immediate income.
- Paved on-site parking lot available for tenants and customer convenience.
- Easy access to major thoroughfares including US-50 and State Road 57.
Executive Summary
This mixed-use commercial property located at 520 E Van Trees Street offers an excellent opportunity for investors or owner-users in downtown Washington, Indiana. Priced at $350,000, the property consists of five rentable units currently on month-to-month leases, providing immediate income potential with flexibility for future redevelopment or customization. The site also includes a paved parking lot, enhancing accessibility and convenience for tenants and customers.
Situated near Main Street in Washington’s central business district, the property benefits from strong visibility and close proximity to local dining, retail, and services. The location offers easy access to State Road 57 and US-50, ensuring connectivity to surrounding communities and regional markets. Built in 1975, the structure supports a variety of commercial uses, from professional offices to boutique retail or service-based businesses. With its downtown location and income-producing versatility, this property combines long-term upside for investors with practical functionality for business operators.
Situated near Main Street in Washington’s central business district, the property benefits from strong visibility and close proximity to local dining, retail, and services. The location offers easy access to State Road 57 and US-50, ensuring connectivity to surrounding communities and regional markets. Built in 1975, the structure supports a variety of commercial uses, from professional offices to boutique retail or service-based businesses. With its downtown location and income-producing versatility, this property combines long-term upside for investors with practical functionality for business operators.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
3,780 SF
Building Class
C
Year Built
1975
Price
$486,594 CAD
Price Per SF
$128.73 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
3,780 SF
Building FAR
0.58
Lot Size
0.15 AC
Zoning
CM - Commercial
Property Taxes
| Parcel Number | 14-10-27-404-057.000-017 | Improvements Assessment | $140,170 CAD |
| Land Assessment | $14,726 CAD | Total Assessment | $154,896 CAD |
Property Taxes
Parcel Number
14-10-27-404-057.000-017
Land Assessment
$14,726 CAD
Improvements Assessment
$140,170 CAD
Total Assessment
$154,896 CAD
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