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Mixed use on the courthouse square 16-18-20 W Washington St 12,274 SF 100% Leased Retail Building Sullivan, IN 47882 $330,000 ($26.89/SF)



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 IN 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 spaces with 2 leased businesses in operation - a chiropractic office and a paint retail store. The 3rd space was recently a thrift shop retail space, but 2,000 sq ft of open space is now available, allowing for a variety of new business options. The 2 upstairs apartments have a great rental history - a 1 bedroom/1 bath and the other is 3 bedrooms/2 baths and both are tenant-occupied. Ask your commercial agent for a tour and get ready to grow your wealth in 2026 and beyond.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
12,274 SF
Building Class
B
Year Built/Renovated
1919/2024
Price
$330,000
Price Per SF
$26.89
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.47
Lot Size
0.11 AC
Zoning
C - Commercial
Frontage
Amenities
- 24 Hour Access
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
Property Taxes
| Parcel Numbers | Improvements Assessment | $21,800 | |
| Land Assessment | $18,000 | Total Assessment | $39,800 |
Property Taxes
Parcel Numbers
Land Assessment
$18,000
Improvements Assessment
$21,800
Total Assessment
$39,800
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Mixed use on the courthouse square | 16-18-20 W Washington St
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