Listing courtesy of RE/MAX Real Estate Groups · Listing agent: Tina Coons · Cell: 765-744-6493

Virtual tour
ActiveMixed Use

221 & 223 W Washington Street

$99,900

$44.52 / sq ft

Hartford City, IN 47348

Original price $115,000 · Price reduced on May 17, 2026

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Bathrooms
3
Lot
0.09 ac
Year built
1956
Type
Mixed Use
Listed
October 29, 2025
MLS #
202543883

About this home

Investor Opportunity! Expand your portfolio with this versatile mixed-use property offering two commercial storefronts and a 2-bedroom apartment, creating multiple income-producing possibilities under one roof. The main level features two retail spaces, each with its own showroom, restroom, and storage area. The units are currently connected, allowing for one larger business operation, but can easily function as separate storefronts to maximize rental income and tenant flexibility. Upstairs, the spacious 2-bedroom apartment includes a comfortable living room, kitchen with washer and dryer hookups, one full bath, and includes the electric range and refrigerator. The apartment is currently rented for $550 per month, providing immediate income. (Window air conditioning unit is not included.) The upper-level tenant currently pays the water bill for the entire building. Additional features include gas forced-air heat and central air for the commercial level, an electric water heater, a durable metal roof, some newer replacement windows, and security camera system. Whether you're looking to occupy one storefront while collecting rental income, lease all three units for maximum cash flow, or establish your business with built-in investment potential, this well-maintained property offers outstanding flexibility and long-term value. Don't miss this opportunity to own a quality commercial building with multiple income streams!

Property details

Interior

Stories
2
Finished area above grade
2,244 sq ft
Basement
Slab
Flooring
Concrete
Heating
Natural Gas, Forced Air
Cooling
Central Air, Window Unit(s)

Exterior & parking

Construction
Masonry
Roof
Metal
Parking
Parking Lot
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.09 ac
Lot dimensions
34x120
Location type
City,Commercial
Inside city limits
Yes
County
Blackford County
Township
Licking
Cross street
High Street
Current use
Retail
Road frontage
City Street
Road surface
Asphalt
Platted
Yes
Planned unit development
No
Directions
SR 3 to HC to Washington St then east to property

HOA & community

Other fees
$20
Other fees description
ditch fee

Taxes & terms

Annual taxes
$858
Tax year
2025
Assessed value
$45,300
Tax exemptions
No Exemptions
Tax abatement
No
Listing terms
Cash, Conventional
Possession
tenants rights
Parcel number
050311303123000006

Included in the sale

Included in sale
Building

Utilities

Water
Cistern
Sewer
Public Sewer
Utilities
Electric Hook-Up, Gas Hook-Up
Electric provider
AEP/I&M
Gas provider
CenterPoint Energy
Water provider
Hartford City Water&Sewer

Income & commercial

Parking spaces
8
Ceiling height
9

Location

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$99,900

3 baths