144 S Wabash St - Office FOR SALE


Wabash, IN 46992
$425,000 USD
260-571-4652
144 S Wabash St, Wabash, IN for Sale
$425,000 USD
Office - FOR SALE
1/31
null | Request Cap Rate

144 S Wabash St
Wabash, IN 46992


HIGHLIGHTS

  • Downtown Location Convenient access to Shopping, Events, and Restaurants
  • Totally Remodeled

OVERVIEW

Ideally located in downtown Wabash, this fully leased mixed-use property offers an excellent opportunity. The building underwent extensiveinterior and exterior renovations approximately two years ago, including new plumbing, HVAC systems, electrical, and vinyl replacementwindows throughout. Current tenants would prefer to remain under the new ownership, providing immediate income potential. The main levelfeatures 1,452 sq ft of office space, currently configured with a large open work area (15x50), a spacious conference room (12x19), kitchenette, and a half bath with tile flooring. The space also offers vinyl plank flooring throughout, tons of natural light and an attractive beamed ceiling, creating a welcoming and functional professional environment. The upper-level apartment offers 1,452 sq ft of living space and its own private entrance and features an open living room and kitchen layout with oak cabinetry and included appliances—electric range, refrigerator, and dishwasher. This unit includes three bedrooms, one full bathroom with tub/shower combination, a laundry room with electric dryer hookup, vinyl replacement windows, and the furnace and central air just installed in 2021. The lower-level apartment, offering 1,452 sq ft, accessible from a quiet alley, has also been fully renovated and offers two bedrooms and one bathroom with a tiled stand up shower. The unit features open living spaces, vinyl flooring, and a well-equipped kitchen with island, electric range, refrigerator, dishwasher, and overhead microwave. Each unit features separate mechanical systems and completely separate utilities, adding convenience for maintenance and management.

FOR SALE DETAILS

PRICE

$425,000 USD

PRICE/SF

$177 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

ADD'L SUBTYPES

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,452 SF

ZONING

HD

APN/PARCEL ID

85-14-11-304-113.000-009

ASK ABOUT THIS PROPERTY

Kristi LundquistLundquist Appraisals & Real EstateMore Info
260-571-4652

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Kristi LundquistLundquist Appraisals & Real EstateMore Info
260-571-4652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.