1201 E National Highway Washington, IN $ 650,000
1201 E National Highway
$ 650,000
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1201 E National Highway

Washington, IN, 47501
$ 650,000
Bedrooms-- Baths1.0 Sq 599

Monthly Estimate*

$ 4,104

1201 E National Highway, Washington, IN 47501 - Image 1
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Commercial Property for sale in Washington, IN

for $650,000 with 1 full bath. This 599 square foot building was built in 1953 on a lot size of 0.5.

A rare opportunity to acquire a long-standing, well-known Washington, Indiana car hop restaurant located at a highly visible intersection of two major highways. This local institution has been in continuous operation for decades and is widely recognized for its famous coney dogs and classic drive-in experience. The sale includes the real estate, building, equipment, established business, and the business name, offering a true turnkey operation for an owner-operator or investor. With exceptional highway exposure, steady local support, and a proven operating history, this property benefits from consistent traffic and strong brand recognition within the community and produces a six figure net income.

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Commercial Active

Price

$ 650,000

Full Bath

1

Property Type

Commercial

Taxes

$ 3,097

Style

Restaurant/Bar

Lot Size

0.5

Year Built

1953

Town/City

Washington

County/Region

Daviess

MLS | Web ID

202601171

Features
General
Heating Forced Air
Cooling Window
Ceiling Height 8
Roof Flat
Parking Yes Lot
Water Access Type None
Sewer City
# of Buildings 1
Status Active Back on Market
Bathrooms 1
Year Built 1953
New Construction No
Subdivision None
Stories Count 1
Township Washington
Class COMMERCIAL
Present Use Bus. Included w/Property
Type Restaurant/Bar
Age 73
Business Name Mason's Root Beer Stand
Inside City Limits Yes
Special Features None
REO No
Status Detail 3
Area Daviess County
Location City
City Washington
Legal Description Pt Loc 134 35-3-7; Pt Loc 134 35-3-7
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202601171
Agent First Name Victor
Agent Last Name Hopkins
DOM 61
Tax Year 2026
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Exterior
Road Surface Paved
Road Access State
Exterior Stone
Number of Parking Spaces 24
Waterfront None
Lot Size Area 21780
# of Docks 0
Lot Dimensions Varied
Parking Type Lot
Water Features None
Waterfront Y/N No
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Interior
Flooring Concrete
Basement/Foundation Slab
Walls Drywall
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* Excluded Features
List By
Victor Hopkins

Listing Agent

Vic Hopkins Agency

Broker

vlhopkins501@gmail.com

Email

Affordability Calculator

$4,362
Per Month
94%
6%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$258
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/24/2026$650,000 -13.33% Price Down
1/12/2026$750,000 Listed Price

Map


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1201 E National Highway, Washington, IN, 47501 is a Commercial Property for sale at $650,000 with 599 sqft and a lot size of 0.5. 1201 E National Highway has 1.0 baths and was built in 1953. The property's zip code is 47501 which is in Washington, IN