101 Washington StSunman, IN 47041

For Sale
$196,900

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

Overview

Added:
Dec 11, 2024
Days on market:
90
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
Other retail properties, Individual retail 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
101 Washington St, Sunman, Indiana

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101 Washington St
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