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118 & 122 E Washington Street

New Richmond, IN 47967

ActiveListed Oct 19, 2026 · 3 days on market

Key facts

Living area
7,342 sqft
Lot
0.13 acres
Year built
1900
Type
Commercial Sale · Warehouse
MLS #
22126775
County
Montgomery
Total building area
7,342 sqft

About this home

Opportunity awaits in New Richmond! This commercial property features TWO, two-story warehouse building dating back to approximately 1900, offering 7,342+ square feet of combined space on a 0.13-acre parcel. With its downtown location and city-street frontage, this property may appeal to investors, entrepreneurs, or buyers seeking a project with potential for a future commercial use. An alley provides additional access, and a converted garage offers another feature to consider. The property is being sold AS-IS, and its structural integrity is unknown. Buyers must use extreme caution when entering the building and should conduct all inspections and evaluations necessary to determine its condition, renovation requirements, and suitability for their intended use. Buyers should verify permitted uses and applicable requirements with local authorities. Bring your vision and explore the possibilities this unique New Richmond property may offer.

Description provided by the listing brokerage.

Exterior

Parking and garage
Alley AccessConverted Garage

Systems

Utilities
Electricity Connected

Lot and HOA

Zoning
N/A

Schools

Middle school
North Montgomery Middle School
High school
North Montgomery High School
School district
North Montgomery Com Sch Corp

Taxes

Estimated annual tax
$1,052 / yearTwice the semi-annual installment the listing reports.
Tax year
2026

Estimate your monthly payment

$519per month, estimated
Principal and interest $403Property tax $88Insurance $28
20% · $16,000
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$80,000
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