For Sale
$196,900

101 Washington St Sunman, IN 47041

Downtown Sunman office/retail space. High-return investment.

Overview

Added:
Dec 11, 2024
Days on market:
133
This versatile Sunman, Indiana commercial property, located at 101 W Washington St, presents a unique investment opportunity. The 2,816 square foot building, situated on a 0.12-acre lot, offers a blend of office and retail space, perfect for a variety of uses. Currently zoned for business, the property boasts two units, ideal for owner-occupancy or rental income. Built in 1920 and extensively renovated in 2024, the two-story building features a completely remodeled second-floor apartment with a new bedroom, drywall, and Pex plumbing. Recent upgrades include a new hot water heater, a Trane furnace, updated windows, fresh tuck pointing, and a new sump pump. The rubber roof is only 5 years old. The property's prime location in downtown Sunman provides convenient access to I-74, enhancing its appeal to both businesses and residents. The spacious layout allows for flexible configurations, accommodating office space, retail operations, or even a service-based salon. The potential for conversion into a residential space also exists. This property offers a compelling combination of historical charm and modern updates, making it an attractive investment in a thriving community. The asking price is $196,900.

Highlights

  • $196,900 asking price.
  • 2,816 square feet of net rentable space in a 2-unit building.
  • Located at 101 W Washington St, Sunman, IN 47041, offering easy access to I-74.
  • Features a mix of creative office, storefront, and traditional office space, suitable for various uses including retail, medical, or service businesses.
  • Recently renovated in 2024, including a remodeled second-floor apartment with new drywall, Pex plumbing, hot water heater, Trane furnace, windows, tuckpointing, and sump pump. The roof is approximately 5 years old.
  • Situated on a 0.12-acre lot in a Business-zoned area.

Property Details for 101 Washington St

Property type
Retail properties, Office properties
Square Feet
2,816 SF
Year Built/Renovated
1920/2024
Buildings
1
Stories
2
Lot Size (sq. ft)
5,227 SF
Units
2

Location Insight

City
Sunman
County
Ripley
State
Indiana
Latitude
39.236580848402
Longitude
-85.094516554364

FAQs

What type of property is this?
Retail property - Downtown Sunman office/retail space. High-return investment.
Where is the retail property located?
The property is located at 101 Washington St Sunman, IN.
What is the asking price?
The asking price for this property is $196,900.
What are key features of this property?
This property features: $196,900 asking price.; 2,816 square feet of net rentable space in a 2-unit building.; Located at 101 W Washington St, Sunman, IN 47041, offering easy access to I-74.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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101 Washington St
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