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Mixed use on the courthouse square 16-18-20 W Washington St

12,274 SF 75% Leased Retail Building Sullivan, IN 47882 $350,000 ($29/SF)

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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 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 leased spaces with great businesses in operation and 2 upstairs apartments - one is an efficiency and is occupied, and the other is 3 bedrooms/2 baths and now ready for you or your tenant to move into a brand new modern space. Ask your commercial agent for a tour and get ready to grow your wealth in 2025 and beyond.

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Property Facts

Sale Type

Investment or Owner User

Property Type

Retail

Building Size

12,274 SF

Year Built/Renovated

1919/2024

Price

$350,000

Price Per SF

$29

Percent Leased

75%

Tenancy

Multiple

Building Height

2 Stories

Building FAR

2.47

Lot Size

0.11 AC

Zoning

C - Commercial

Frontage

65 FT on Washington

Amenities

Signage
Tenant Controlled HVAC

Storage Space

Air Conditioning

Fiber Optic Internet

1 of 1

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PROPERTY TAXES

Parcel Numbers	Multiple 77-07-34-222-079.000-012 77-07-34-222-080.000-012 77-07-34-222-064.000-012	Improvements Assessment	$64,800
Land Assessment	$18,100	Total Assessment	$82,900