1201 Washington St 4,375 SF Office Building Columbus, IN 47201 $799,000 ($182.63/SF)

1201 Washington Street presents a rare opportunity to lease a highly visible, character-rich commercial property located along one of Columbus, Indiana’s most established and heavily traveled commercial corridors. Formerly home to the acclaimed Bicycle Station, this well-known community location offers approximately 4,375 square feet of flexible commercial space ideal for retail, showroom, office, service, experiential, fitness, hospitality-related, or adaptive commercial uses. Positioned within a vibrant and highly connected area of Columbus, the property combines strong architectural identity, operational flexibility, and immediate market presence within one of Indiana’s strongest secondary markets. The property is available for lease at $16.00/SF NNN with estimated NNN expenses currently approximately $2.57/SF. The combination of location, visibility, flexibility, and distinctive architectural character creates an exceptional opportunity for businesses seeking more than traditional commercial space. This is a property capable of supporting branding, customer experience, operational functionality, and long-term business positioning within the Columbus market. Originally constructed in 1965 and significantly updated over time, including a major remodel completed in 2018, the building blends authentic architectural character with modern operational utility. The approximately 3,865 square foot primary retail and service area features polished concrete floors, industrial-inspired finishes, abundant natural light, integrated shelving, multiple service counters, and impressive 12-foot ceilings that create an open, energetic, and highly adaptable commercial environment. The space delivers a strong balance between industrial authenticity and polished customer-facing presentation, making it ideal for businesses seeking a modern but approachable atmosphere. A dedicated approximately 510 square foot climate-controlled utility and storage area provides additional operational support without sacrificing customer-facing square footage. Dedicated workshop and service areas with utility connections further expand the property’s functionality and flexibility, allowing future users to accommodate a broad range of operational models including showroom and service combinations, production-based retail concepts, assembly or workshop uses, fitness or wellness operations, specialty retail, creative studios, collaborative office environments, or experiential consumer concepts. Full HVAC coverage throughout the primary space ensures year-round comfort and usability. The building’s open layout and architectural design create significant flexibility for future tenant improvements and branding opportunities. The polished concrete flooring, exposed industrial elements, clean lines, and abundant natural light allow the space to support a wide range of aesthetic directions ranging from contemporary retail and boutique fitness to creative office, hospitality-oriented concepts, specialty food and beverage operations, or destination-oriented service businesses. The building’s visibility and recognizable identity within the community further enhance its value as a customer-facing location. Strategically positioned along Washington Street, the property benefits from strong traffic exposure, excellent accessibility, and immediate proximity to downtown Columbus and several of the community’s most recognizable local destinations. Nearby businesses and attractions include Lucabe Coffee Co., Viewpoint Books, ZwanzigZ Pizza, surrounding residential neighborhoods, schools, parks, and additional commercial activity that contribute to strong daily traffic patterns and neighborhood engagement. The property provides a blend of visibility, accessibility, and community integration that is increasingly difficult to replicate within today’s commercial environment. The location also offers excellent regional accessibility with convenient connections to Interstate 65, US-31, and US-46, allowing businesses to efficiently serve both local customers and regional clientele throughout South Central Indiana. The site includes paved parking with approximately 10 parking spaces as well as walkability advantages and strong street presence along one of Columbus’s most established commercial corridors. The property is zoned CN (Commercial Neighborhood), a flexible zoning designation intended to support convenience-oriented commercial uses serving surrounding residential areas. Permitted and conditional uses include retail, restaurant, personal service, office, instructional, recreation, daycare, community-oriented, and medium-scale commercial uses. This zoning flexibility allows future tenants to explore a broad range of operational concepts and adaptive business models while benefiting from a highly visible and community-supported location. The surrounding trade area provides strong demographic support for retail and service-oriented operations. Within a one-mile radius, the property serves approximately 7,934 residents with median household incomes approaching $70,000. The three-mile trade area includes more than 39,000 residents, while nearly 60,000 residents live within a five-mile radius with median household incomes exceeding $79,000. These demographics reflect the strength and stability of the Columbus market, which continues to benefit from a diverse economic base driven by manufacturing, engineering, healthcare, logistics, and professional employment sectors. Columbus continues to distinguish itself as one of Indiana’s most architecturally recognized and economically resilient secondary markets. Businesses increasingly seek opportunities within authentic, connected, and experience-oriented environments that support customer engagement and long-term brand positioning. Properties capable of delivering flexibility, architectural identity, accessibility, and community integration remain highly desirable as operators continue prioritizing environments that create memorable customer experiences rather than generic commercial footprints. 1201 Washington Street offers tenants the opportunity to establish themselves within a highly recognizable commercial property that combines architectural character, operational flexibility, strong visibility, and strategic market positioning. Whether utilized for retail, showroom, office, service, wellness, hospitality-related, creative, or experiential commercial use, the property provides a highly adaptable platform for businesses seeking a distinctive presence within the Columbus market.