16 photos
$70,000
100 E Main St
Washington, IN 47501
The owner (for sale by owner, no agent) · (812) 840-1276 (from the owner's listing)
What the listing says
This corner mixed use commercial building located in a perfect position for future appreciation is now available for sale by owner. The Main Street in Washington has undergone substantial growth the last few years and this could be the next piece to that. There are areas of smoke and water damage from a fire that occurred in the adjoining building. But overall cosmetic work needs to be done inside and out. The electric meter bases will need to be updated to get power back on. The former bar inside is still in tact and can be the center piece to any future endeavor. The lot next to the building is including in the deal and can be used for a patio area for any bar or restaurant. The upstairs is an apartment that can be 1-2 bedrooms. With minor work you can triple the current value of this property and cash flow if you re investor. $70,000 cash or open to contract for deed/seller financing for a larger down payment. Can reach me at 812 840 1276
See the original listing ↗This listing mentions owner financing. Terms are set by each seller and are negotiable. The description and numbers come from the listing and Zillow; confirm availability, the price and any financing with the seller or their agent.
Property Details
Property Type
Other
HOA
None
More owner-financed homes near Washington
Questions about owner financing in Washington
What is owner financing for 100 E Main St?
Owner financing means the seller of 100 E Main St acts as the lender. Instead of getting a mortgage from a bank, you make monthly payments directly to the property owner. The listing for this Washington, IN home mentions owner financing; confirm it with the seller.
Do I need good credit for owner financing?
There's no bank approval, but each seller sets their own requirements. Some check credit, income or references; others don't. Ask the seller or their agent what they need.
How much is the down payment for this Washington home?
There is no standard down payment. The seller of this Washington home sets their own, and it is negotiable. Ask the seller or their agent.