Nearby rentals
Property management
Features
| Central Air |
Community
| Basement | Business Center |
| Roof Type: Rubber |
Other
| Multi Units |
One-time.
One-time. Refundable.
Property Status: Active For Sale or Lease. Rare Mixed-Use Investment Opportunity in Historic Downtown Knightstown! This exceptional property offers a unique opportunity to own a substantial portion of the community square in the heart of historic Knightstown. The property features two commercial spaces on the main level, currently combined and operating as a state-of-the-art, turnkey restaurant with equipment and an established restaurant operation in place. The upper level includes two separate apartments, providing additional rental income and creating an attractive mix of commercial and residential uses. Each unit is equipped with its own HVAC system, providing independent climate control for added convenience and flexibility. The historic building has benefited from multiple updates and improvements and is ready for continued commercial and residential use. Whether you're looking to expand an existing business, operate a restaurant while generating residential rental income, or add a distinctive mixed-use property to your investment portfolio, this property offers versatility and strong potential. Opportunities to acquire a property of this size and location on the historic Knightstown community square are rare. Don't miss your chance to own a piece of downtown Knightstown with multiple income-producing possibilities. Office Phone: (765) 521-9464 Copyright © 2026 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 20 N Washington St compares to other nearby properties.
Positives
Considerations
| Zip code | 46148 |
|---|---|
| Type | House for rent |
Can I afford to live at 20 N Washington St?
Bedrooms
StudioRent-to-income ratio
30%
$2,400,000/yr
8632 s sr 109
knightstown, IN, 46148