9 Main StWashington, IN 47501

Property Details for 9 Main St

Year built

1930

Construction

WOOD

Lot size

0.08 AC

Property size (Sq ft)

2,360 SF

Property type

Office properties

APN

14-10-27-304-107.000-017

APU

141027304107000017

Description

This exceptional 1-square-foot commercial building, constructed in 1890, presents a unique investment opportunity in a vibrant downtown location. The single-story structure boasts two convenient front entrances, offering excellent accessibility for customers. The west side features an open floor plan, perfect for flexible retail use, complemented by a half bath and a utility room. The east side provides a more formal layout, including a reception area and three private offices, along with another half bath. A significant asset is the large conference room situated on the south end of the building, accessible from both the east and west sides. This versatile space also includes a kitchenette area, ideal for catering events or employee breaks. Public on-street parking is readily available directly in front of the building, ensuring convenient access for both staff and patrons. The property's historical character and prime downtown location make it an attractive proposition for a variety of retail businesses seeking a unique and well-appointed space. The building's Assessor's Parcel Number (APN) is 14-10-27-304-107.00.

• CAP approach

  CAP return

  Valuation

  6%

  $384,264

  6.5%

  $354,705

  7%

  $329,369

• Comparable approach

  Method

  Valuation

  Relative Method

  $203,149

  Geo Method

  $203,149

• Alternative Use

  Use

  Valuation

  Residential

  $439,834

  Hospitality

  $402,886

  Educational

  $335,196

  Medical

  $346,724

  Retail

  $521,416

Location Insight

City

Washington

County

Daviess

State

Indiana

Latitude

38.6567

Longitude

-87.176

CBSA code

47780

CBSA name

WASHINGTON, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

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.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].