$375,000
122 N Washington Street
A unique opportunity awaits in this newly renovated mixed-use property, a turn key money-maker! The commercial space spans 2,404 sq ft on the main level, and the apartments on the 2nd level are nearly 2,500 sq ft total. The entire building has new HVAC, electrical, plumbing, windows, and roof! The 3 apartments upstairs all have 2 bedrooms and 1 bathroom, and have all new everything. They are all currently leased for another year, each bringing in $1,000 per month. Each unit has its own gas and electric meter, meaning tenants have full control over their climate and usage needs. The main level space provides a versatile blank canvas ready to be tailored for your business vision. With a solid foundation and recent construction, this space offers flexibility for a wide range of commercial uses, from retail to office space, or even a specialized venue, such as a vet clinic, restaurant, or fitness studio/gym. The bottom level as a commercial space could bring in up to $2,000 per month in rental income. Though currently zoned commercial, the space can be switched to residential, which allows further flexibility in how the space could be used, potentially creating a 4-plex. The building is on a full basement as well, which provides ample space for storage of supplies, inventory, and equipment you may have for your business. Whether you're a business owner looking for a fresh start or an investor seeking a flexible property, this is a rare find with endless potential!
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Map to 122 N Washington Street, Frankton, IN 46044
MLS #
22010109
Date Listed
2024-11-12
Status
Active
Property Type
Multi-Family/Apartments
Property SubType
Fourplex
New Construction
No
Style
Multi-Level, Other
Type
Fourplex
Basement
Full, Unfinished
Year Taxes Payable
2023
Year Built
1900
Virtual Tour
indyvrmedia.seehouseat.com »
Days on Market
41
Zoning
commercial
Additional
Design
Multi-Level, Other
Cooling
Central Electric
Heating
Forced Air, Gas
External Features
Construction
Fourplex
Lot Size
4,792 sq ft
Acreage
0.11 Acres
Fence
None
Location
Area
Madison
County
Madison
Subdivision
No Subdivision
Township
Pipe Creek
City
Frankton
State
IN
Zip
46044
Schools
School District
Frankton-Lapel Community Schools
Middle School
Lapel Middle School
Financial
Assoc. Dues
$0.00
| MLS # | 22010109 |
|---|---|
| Date Listed | 2024-11-12 |
| Status | Active |
| Property Type | Multi-Family/Apartments |
| Property SubType | Fourplex |
| New Construction | No |
| Style | Multi-Level, Other |
| Type | Fourplex |
| Basement | Full, Unfinished |
| Year Taxes Payable | 2023 |
| Year Built | 1900 |
| Virtual Tour | indyvrmedia.seehouseat.com » |
| Days on Market | 41 |
| Zoning | commercial |
| Design | Multi-Level, Other |
|---|---|
| Cooling | Central Electric |
| Heating | Forced Air, Gas |
| Construction | Fourplex |
|---|---|
| Lot Size | 4,792 sq ft |
| Acreage | 0.11 Acres |
| Fence | None |
| Area | Madison |
|---|---|
| County | Madison |
| Subdivision | No Subdivision |
| Township | Pipe Creek |
| City | Frankton |
| State | IN |
| Zip | 46044 |
| School District | Frankton-Lapel Community Schools |
|---|---|
| Middle School | Lapel Middle School |
| Assoc. Dues | $0.00 |
|---|
MLS# 22010109
IDX information provided by the MIBOR REALTOR® Association.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Patrick Keller
CrestPoint Real Estate
patrick@CrestPointIndy.com
Listing updated November 17, 2024 at 4:46 pm
Last checked 31 minutes ago
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