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1001 Washington Avenue

Vincennes, IN, 47591

  • Price $399,900
  • Sq. Ft.17561
  • MLS #201807612
Tons of Space in this mixed use commercial building! The main floor has a showroom/retail space with over 3500 SF which includes 2 dressing rooms, a half bathroom, and also larger men and women's restrooms. This part also has a basement area for storage. On the back half, there is a 2600 SF office area that could be connected or sectioned off from the front retail space. It has its own kitchen, 2 separate entrances, reception area, and other office spaces. The 3rd part of the main level has an overhead door and separate entrance with warehouse storage and a freight elevator for the upper level. On the 2nd floor there are 3 recently remodeled apartments, all currently rented for $650/month each, bringing in $1950 monthly for additional income! There is another 3500 SF of upper level storage that could be made into more apartments or kept as storage. This property could be a money making machine when fully rented or a great business opportunity with extra income for your current business.

Annual Taxes: $4,353
  • CoolingCentral Air
  • ExteriorBlock,Brick
  • HeatingGas,Forced Air
  • LocationCity
  • Lot Size16379
  • Sale IncludesBuilding, Land
  • SewageCity
  • Special Features220 Volts,Freight Elevator,Overhead Door 1,Basement,Display Room,Display Window(s),Office Space,Public Restrooms,Reception Area
  • TownshipVincennes
  • ParkingLot,Street
  • WaterCity
  • Zoning DescriptionCommercial
    • Tyler Simmons

      Realtor
      Cell: (812) 890-1827

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    Testimonial

    Tyler is a great person and Real Estate agent. Tyler goes beyond the call of duty to see that all goes well. The entire staff at Klein's are friendly, knowledgeable and helpful.  They did more than we expected. 
    Jack Lucas

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    Frequently asked questions

    Why do I need to have Title Insurance?
    Before offering to issue a title insurance policy, a title company will do a title search to learn whether there are any problems or limitations with the title. This search is done in an effort to minimize the risks of offering insurance. By minimizing the risks of claims being made, a title insurance company is able to offer its insurance policies for a relatively low, one-time fee. Problems such as deeds, wills, and/or trusts that contain improper vesting and incorrect names, outstanding mortgages, judgments, and tax liens, easements, or incorrect notary acknowledgments are generally found through the title search and usually can be cleared up before the closing on the property.

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