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206 W Washington Street Rensselaer, IN $ 399,000
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$ 399,000 Get more info
206 W Washington Street
$ 399,000
Back to search
Share Save

206 W Washington Street

Rensselaer, IN, 47978
$ 399,000
Bedrooms-- Baths-- Sq 4,846

Monthly Estimate*

$ 2,489

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Commercial Property for sale in Rensselaer, IN

for $399,000. This 4,846 square foot building was built in 1910 on a lot size of 0.079.

Looking for a commercial/mixed use investment property that generates passive income immediately!? Look no further than this once in a lifetime opportunity. Located in the heart of Rensselaer's bustling business district, this property features over 4800 square feet of completely renovated space. The lower level is a modern office space, complete with lobby and separate reception area, 6 private offices, 2 commercial restrooms, a large break room, and separate IT room. The upper level consists of a fully renovated 2 bedroom, 2 bath apartment with a stunning kitchen and open concept living area. This property is listed at a price that supports over 10 percent CAP RATE. Calling all investors to reach out for your personal showing!

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Commercial Active

Price

$ 399,000

Property Type

Commercial

Taxes

$ 4,577

Style

Mixed Use

Lot Size

0.079

Year Built

1910

Town/City

Rensselaer

County/Region

Jasper

MLS | Web ID

830662
Features
Interior
Interior Amenities Eat-in Kitchen Kitchen Island High Ceilings Granite Counters
Laundry Features Laundry Room Upper Level
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General
Sewer Public Sewer
Heating Forced Air Natural Gas
Utilities Cable Available Water Connected Sewer Connected Natural Gas Connected Electricity Connected
Appliances Dryer Water Heater Washer Refrigerator Range Microwave Dishwasher
Security Features Smoke Detector(s)
Year Built 1910
Electric 200+ Amp Service Circuit Breakers
Township Marion
Property Subtype Mixed Use
Tax Year 2024
Gross Income 0
County Jasper
Net Operating Income 40765
Insurance Expense 2058
Property Type Commercial Sale
MaintenanceExpense 0
Subdivision Name Rensselaer
Building Features Lunch Room Mixed Use Business District Location Suspended Ceiling(s) Exposed Under Roof Ceiling(s) Exterior Lighting Courtyard Public Restrooms Private Restrooms Other Multi Tenant
Status Active
Directions IN-14 South on US-23 turn onto E Washington Street building located on the right about 4 blocks down.
City Rensselaer
Lot Size Square Feet 3441
Listing Terms Cash Conventional
Tax Annual Amount 4577
Electric Expense 0
Trash Expense 0
Standard Status Active
Total Actual Rent 47400
Taxes 4577
Legal Description OP W 21' 3 E 41' 3 W 87 1/2' LOTS 1 2 & 3 BLK 4 .075A; OP PT LOTS 1 2 & 3 BLK 4 .004A (SURVEY)
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Exterior
Exterior Amenities None
Parking Features On Street
Water Source Public
Total Parking 0
Lot Size Acres 0.079
Lot Size Source Assessor
Waterfront Y/N N
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* Excluded Features
List By
Trisha Potts

Listing Agent

Re/Max Executives

Broker

trishamariepotts@gmail.com

Email

Affordability Calculator

$2,871
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,489
Monthly Property Taxes
$381
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
1261196 Elementary School
1261197 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/11/2025$399,000 Listed Price

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206 W Washington Street, Rensselaer, IN, 47978 is a Commercial Property for sale at $399,000 with 4,846 sqft and a lot size of 0.079. 206 W Washington Street was built in 1910. The property's zip code is 47978 which is in Rensselaer, IN

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