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28 N Washington St 7,872 SF 100% Leased Office Building Knightstown, IN 46148 $325,000 ($41.29/SF)
Executive Summary
Updated investment property that checks all the boxes. Fully occupied, five unit building in historic Knightstown. Charming finishes, location, and appeal. Original hardwood floors, tall ceilings, and exposed brick walls mix with modern plumbing and electrical throughout. Unit 24 houses Historic Knightstown Inc and includes a show room, kitchenette, bathroom and storage. Unit 26 exudes character and features a lobby, three private offices and washer/dryer connection. Unit 28A (2nd FL) is features 14' ceilings and two large/open rooms. Unit 28B (2nd FL) is a fully renovated two bedroom apartment with open floor plan. Unit 32 is also fully renovated commercial unit. Each unit features an updated bathroom. Tenant pays gas & electric (individually metered). Owner pays water.
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Office/Residential
Building Size
7,872 SF
Building Class
C
Year Built
1900
Price
$325,000
Price Per SF
$41.29
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,936 SF
Building FAR
1.73
Lot Size
0.10 AC
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Fairly walkable
50/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 33-16-33-241-268.000-030 | Improvements Assessment | $79,900 |
| Land Assessment | $19,700 | Total Assessment | $99,600 |
Property Taxes
Parcel Number
33-16-33-241-268.000-030
Land Assessment
$19,700
Improvements Assessment
$79,900
Total Assessment
$99,600
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