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

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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
  • Basement
  • 1,000 SF
  • Retail
  • -
  • Now
  • 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

Basement

Size 1,000 SF
Space Use Retail
Position -
Available Now

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
28-03-21-223-065.000-012
Land Assessment
$2,000
Improvements Assessment
$31,700
Total Assessment
$33,700
  • Listing ID: 38571504

  • Date on Market: 11/25/2025

  • Last Updated:

  • Address: 4 N Washington St, Worthington, IN 47471

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