About This Home

This 0-bedroom, 0-bathroom commercial at 1201 E National Highway in Washington, IN is listed for $650,000. Built in 1953, on a 0.50 acres lot.

Key Features

  • Built in 1953
  • 0.50 acre lot

Property Details

1953
Listing Description

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.

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

1201 E National Highway

Washington, IN 47501

Property Details

Flooring

Concrete

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1201 E National Highway is listed at $650,000. The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1953, 0.50 acre lot.

This property is listed by Victor Hopkins and can be reached at 8122543253.

VH

Victor Hopkins

Agent at Vic Hopkins Agency

(812) 254-3253

Listed by Vic Hopkins Agency · Broker phone: (812) 254-3253 · View on Broker Site

MLS# 202601171· Source: Southwest Indiana Association of Realtors· 34 days on PropertySimple

Copyright © 2026 Southwest Indiana Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1201 E National Highway, Washington, IN 47501

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