Warsaw, IN Commercial Real Estate for Sale

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Stone Exterior School Building
Updated: Jun 8
Stone Exterior School Building

832 E Center Street, Warsaw, IN 46580

$1,475,000
1.83 AC lot
17,508 SF multi‑use school building on a 1.83‑acre parcel with a 0.47‑acre expansion/green space lot
Stone exterior with mortar joints inspected, re‑tucked, and sealed with 50‑year sealant completed in 2017
Roof replaced in 2013 with GAF 40‑year warranty shingles
Vertical platform lift with handicapped access installed in 2023
Main level auditorium with balcony, pipe organ, and updated audio system; seating for 275 +/-
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Single-Story Medical Office Building
Updated: Jun 5
Single-Story Medical Office Building

2235 Dubois Drive, Warsaw, IN 46580

$2,500,000
1.40 AC lot
12,547 SF medical office building built in 1977 with a single‑story layout for office and clinical use
Approximately 1.4 acres at 2235 Dubois Drive with a large paved parking lot for on‑site access
Major renovations were recently completed to the brick building
Includes multiple office and clinical spaces plus reception and waiting areas
Handicap accessibility and a finished basement for additional storage or support space
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Historic Downtown Restaurant Building
Historic Downtown Restaurant Building

108 & 110 E Market Street, Warsaw, IN 46580

$615,000
0.07 AC lot

Leased restaurant building with a renovated main level, full basement, and a largely untouched second-floor redevelopment area.

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Freestanding Popeyes Drive-Thru
Freestanding Popeyes Drive-Thru

3501 Lake City Hwy, Warsaw, IN 46580

$2,601,626
1,958 sqft 0.67 AC lot

2022-built restaurant with drive-through on an absolute NNN lease beginning June 2026.

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Commercial Corner Development Parcel
Commercial Corner Development Parcel

1200 Mariners Drive, Warsaw, IN 46582

$995,000
3.07 AC lot

Corner commercial land with Commercial PUD zoning, substantial road frontage, and proximity to established business uses.

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Office Building with Three Front Entrances
Office Building with Three Front Entrances

1015 E Center Street, Warsaw, IN 46580

$569,000
0.55 AC lot

R-2 zoned office building with three front entrances, multiple staircases, separate HVAC systems, and 20 private parking spaces.

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Retail Storefront with Pole Barn
Retail Storefront with Pole Barn

3774 N Barbee Road, Warsaw, IN 46582

$260,000
0.25 AC lot

Two-building commercial property with a modernized storefront and an additional pole barn for storage or workspace use.

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Multi-Use Sports and Fitness Venue
Multi-Use Sports and Fitness Venue

3919 N State Road 15, Warsaw, IN 46580

$2,400,000
34,324 sqft 3.94 AC lot

Turnkey sports and fitness facility with heated clear-span space, indoor courts, and outdoor tennis and pavilion options.

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Flex Space with Multiple Overhead Doors
Flex Space with Multiple Overhead Doors

1057 E 350 N, Warsaw, IN 46582

$375,000
0.61 AC lot

Two flex buildings offer office suites plus warehouse/storage space with ample gravel parking and separately metered utilities.

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Three-Story Office Building
Three-Story Office Building

207 S Buffalo Street, Warsaw, IN 46580

$795,000
0.07 AC lot

Three-story building with storefront windows, central air, and off-street parking in downtown Warsaw, IN.

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NNN Leased Restaurant Investment
NNN Leased Restaurant Investment

2401 E Center St, Warsaw, IN 46580

$2,190,000
3,200 sqft

Long-term NNN lease with zero landlord responsibilities.

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Remodeled Storefront Building
Remodeled Storefront Building

955 Fisher Avenue, Warsaw, IN 46580

$199,900
0.43 AC lot

The property includes an updated main level, ADA compliance, and open-concept office space upstairs.

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Move-In Ready Commercial Building
Move-In Ready Commercial Building

302 E Winona Avenue, Warsaw, IN 46580

$185,000
1,976 sqft 0.12 AC lot

Move-in ready commercial building/investment property with a small footprint and flexible potential for office, retail, or rental use.

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Dutch Bros Coffee Shop
Dutch Bros Coffee Shop

3352 Lake City Hwy, Warsaw, IN 46580

$2,940,000
986 sqft

For sale coffee shop property presented by Marcus & Millichap in Warsaw, IN.

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Retail Storefront with Upstairs Apartment
Retail Storefront with Upstairs Apartment

206 S Buffalo Street, Warsaw, IN 46580

$224,900
0.07 AC lot

Downtown storefront with seating, restroom, and an unoccupied apartment upstairs, plus public parking and alleyway spots.

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Mixed-Use Brick Office Building
Mixed-Use Brick Office Building

3201 E Center Street, Warsaw, IN 46582

$475,000
1.13 AC lot

Well-maintained office building with finished above- and below-grade space, reception, and forced-air HVAC on paved parking.

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Medical Office Building with Parking
Medical Office Building with Parking

2235 Dubois Drive, Warsaw, IN 46580

Contact for pricing
12,547 sqft 1.40 AC lot

Single-story medical office building near Lutheran Kosciusko Hospital campus, with clinical space, parking, and handicap accessibility.

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Lakefront Marina and Campground
Lakefront Marina and Campground

1150 Chapman Lake Drive, Warsaw, IN 46582

$715,000
1.50 AC lot

Lakefront marina and seasonal campground offer marina operations, boat storage, and onsite bath and repair facilities.

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Brick Office Building with Parking
Brick Office Building with Parking

3201 E CTR ST EXT, Warsaw, IN 46582

Contact for pricing
4,482 sqft 1.13 AC lot

Well-maintained brick office building with finished office space, forced-air HVAC, and paved parking on a mixed-use zoned site.

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Window-Front Retail Storefront
Window-Front Retail Storefront

112 W Market Street, Warsaw, IN 46580

$199,900

For sale storefront with an all-window façade designed for strong street-level visibility in a walkable downtown setting.

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Multi-Use Building With Auditorium
Multi-Use Building With Auditorium

832 E Center Street, Warsaw, IN 46580

Contact for pricing
17,508 sqft 1.83 AC lot

Accessible facility with offices, meeting rooms, classrooms, kitchen, storage, and a substantial parking area.

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Move-In Ready Office Units
Move-In Ready Office Units

302 E Winona Avenue, Warsaw, IN 46580

$185,000
0.12 AC lot

Multiple office rooms with a waiting area, bathrooms, and central air on a small Warsaw lot.

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Retail Building in Warsaw Area
Retail Building in Warsaw Area

206 S Buffalo St, Warsaw, IN 46580

Contact for pricing
4,880 sqft

4,880 SF retail building in Warsaw, Indiana for sale.

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Horse Farm Property with Pond
Horse Farm Property with Pond

1825 & 1875 W Winona Avenue, Warsaw, IN 46580

$3,000,000
3,097 sqft 48.52 AC lot

Horse farm within city limits featuring a pond, two homes, and multiple outbuildings including a pole building and sheds.

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Warsaw, IN Commercial Real Estate Market Trends and Statistics

Explore 72 commercial real estate for sale in Warsaw, IN, showcased through 61 active listings on our real estate platform. These investment opportunities span a total of 666,324 square feet of properties for sale, with an estimated market value of $37,904,826.

Sale prices for business properties in Warsaw, IN start at $79,900, averaging $1,148,631, and reaching up to $3,060,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 36K
Population Growth (5Y) +3.7%
Median Household Income $69,454
College Educated 27.1%

High-Yield Neighborhoods for Investment

Identify Warsaw submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
46582 $954.2K
46580 $1.3M

Taxes & Financing

Tax Rate (average for all types) 2.27%
Property Tax per SF $41.53 per SF
Tax Rate vs County Average 0.34 pp above county avg
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Warsaw fall within the 10,000 to 25,000 square foot range.

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