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4 N Washington St 3,900 SF 49% Leased Retail Building Worthington, IN 47471 $48,000 ($12.31/SF)



INVESTMENT HIGHLIGHTS
- Situated in the heart of Worthington, offering excellent visibility and easy access to local amenities.
- Strong opportunity in a growing area with steady foot traffic and community presence.
- Ideal for retail, office, or mixed-use development with flexible layout options.
EXECUTIVE SUMMARY
Located in the heart of Downtown Worthington on the Square, this historic commercial building presents a rare investment opportunity in a high-visibility uptown location. With approximately 3,900 sq. ft. of usable space plus a full basement, the property needs some TLC and features expansive glass storefronts ideal for retail display, a recessed entry with awning, and abundant natural light throughout. The first floor is currently divided into office spaces, while the second floor offers an open layout with wood flooring and sunlit street-facing windows - perfect for creative workspace, boutique retail, or residential conversion. Architectural details and a grand wooden staircase add character and charm, making this a standout asset for investors seeking long-term value in a walkable, historic district.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Building in Shell Condition
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
3,900 SF
Building Class
C
Year Built
1890
Price
$48,000
Price Per SF
$12.31
Percent Leased
49%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
3.49
Lot Size
0.03 AC
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- POSITION
- AVAILABLE
- 1st Floor
- 1,000 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| Basement | 1,000 SF | Retail | - | Now |
| 1st Floor | 1,000 SF | Retail | - | Now |
Basement
| Size |
| 1,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 1,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1 of 2
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Basement
| Size | 1,000 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
PROPERTY TAXES
| Parcel Number | 28-03-21-223-065.000-012 | Improvements Assessment | $31,700 |
| Land Assessment | $2,000 | Total Assessment | $33,700 |
PROPERTY TAXES
Parcel Number
28-03-21-223-065.000-012
Land Assessment
$2,000
Improvements Assessment
$31,700
Total Assessment
$33,700
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Stanger Homes, LLC
4 N Washington St
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