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256 S Miami Street

Wabash, IN 46992
  • $395,000
  • STATUS: Active
  • ON SITE: 48 Days
  • MLS #: 202446495
$395,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,752
    SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Listing provided by Payton Deeter of Terrell Realty Group, LLC: Cell: 260-571-1246.

Description

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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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams. Data last updated: 2025-01-24T00:29:14.57.

www.team-janet.com/homes/158547270
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256 S Miami Street Wabash, IN 46992

  • Price: $395,000
  • Status: Active
  • On Site: 48 Days
  • MLS #: 202446495
0
Beds
0
Baths
0
½ Baths
0.04
Acres
4,752
SQFT
$83
$/SQFT
1960
Built
Neighborhood:
None
County:
Wabash
Area:
Wabash
Property Description
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!
Exterior Features

Construction Type1 Brick Exterior Brick Fire Doors YN Yes Lot Dimensions 24x66 Parking Street Parking Type Street Parking YN Yes Road Access City Roof Material RubberShingle Security Light YN No Signs YN No Waterfront YN No

Interior Features

Basement Foundation Partial BasementUnfinished Basement YN Yes Bldg1 Above Grd Sq Ft 4752 Bldg1 Below Grd Sq Ft 1584 Bldg1 Fin Office Sq Ft 0 Ceiling Height 10 ft Column Spacing 18 Cooling Central Air Flooring Mixed Heating Fuel GasForced Air Interior Height 10 ft Interior Walls ConcreteDrywall Special Features Ansel System Total Restrooms 4

Property Features

Annual Taxes 4185 Auction YN No Buildings 1 Burglar Alarm YN Yes Currently Leased YN No Documents Available LBP FormRent Roll Enterprise Zone No Equipment YN Yes Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Lease Term Remaining N/A New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Restaurant/Bar Reo YN No Sale Includes BuildingLand Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Noble Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 24 pay 25

Listing provided by Payton Deeter of Terrell Realty Group, LLC: Cell: 260-571-1246.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Janet English | Keller Williams. Data last updated: 2025-01-24T00:29:14.57.

 
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Janet English | Keller Williams
3928 McCarty Lane Suite A
Lafayette IN, 47905
Listing provided by Payton Deeter of Terrell Realty Group, LLC: Cell: 260-571-1246.