256 S Miami Street Wabash, IN $ 395,000
256 S Miami Street
$ 395,000
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256 S Miami Street

Wabash, IN, 46992
$ 395,000
Bedrooms-- Baths4.0 Sq 4,752

Monthly Estimate*

$ 2,366

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Commercial Property for sale in Wabash, IN

for $395,000 with 4 full baths. This 4,752 square foot building was built in 1960 on a lot size of 0.04.

Ready to own your piece of Downtown Wabash? Now is your chance, as this beautifully renovated downtown building is for sale! The downstairs is currently set up for operation as a restaurant space while there are two upstairs rental units that are being ran as month-to-month furnished rentals. There have been countless upgrades to the property over the past few years, including but not limited to interior updates of a new tankless water heater, furnace, electric, fire alarms and exit signs, lighting, paint, flooring, gas line and meter, and exterior updates of painting, waterproofing, and tuck pointing the building. One wing of the restaurant currently has built in bar seating, obtaining a liquor license could allow you to grow income even further. The upstairs units could be kept at month-to-month units, or easily converted back to traditional rental units. This building would be an awesome opportunity for an investor looking to add to their portfolio, or an aspiring business operator wanting to take that next leap!

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Commercial Active

Price

$ 395,000

Full Bath

4

Property Type

Commercial

Taxes

$ 4,185

Style

Restaurant/Bar

Lot Size

0.04

Year Built

1960

Town/City

Wabash

County/Region

Wabash

MLS | Web ID

202446495

Features
General
Heating Gas Forced Air
Cooling Central Air
Ceiling Height 10 ft
Roof Rubber Shingle
Parking Yes Street
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 4
Year Built 1960
New Construction No
Subdivision None
Stories 2
Township Noble
Class COMMERCIAL
Type Restaurant/Bar
Age 64
Special Features Ansel System
REO No
Area Wabash County
City Wabash
Legal Description OP PT LOT 35 OP PT 17X66 LOT 35
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202446495
Agent First Name Payton
Agent Last Name Deeter
DOM 5
Tax Year 24 pay 25
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Exterior
Road Access City
Exterior Brick
Lot Size Area 1742
Lot Dimensions 24x66
Parking Type Street
Waterfront Y/N No
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Interior
Flooring Mixed
Basement/Foundation Partial Basement Unfinished
Walls Concrete Drywall
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* Excluded Features
List By
Payton Deeter

Listing Agent

Terrell Realty Group, Llc

Broker

deeterpt07@gmail.com

Email

Affordability Calculator

$2,714
Per Month
87%
13%
0%
Monthly Principal & Interest
$2,366
Monthly Property Taxes
$349
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 5.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/6/2024$395,000 Listed Price

Map


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256 S Miami Street, Wabash, IN, 46992 is a Commercial Property for sale at $395,000 with 4,752 sqft and a lot size of 0.04. 256 S Miami Street has 4.0 baths and was built in 1960. The property's zip code is 46992 which is in Wabash, IN