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    123 W Center St Warsaw, IN 46580

    Picture of Retail space at W Center St 123, Warsaw, IN
    For Sale
    $385,000

    Office - Warsaw, IN

    Type:Office
    Lot size:
    0.07 Acres
    Days on Market:
    123
    Last Refresh:
    Dec 5 at 2:06 pm

    Property Features for 123 W Center St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Rooms
    Bathroom 1
    Bathrooms
    1
    APN
    43-11-08-300-002.000-032
    Interior features
    Drywall, Basement, Display Room
    Exterior features
    Basement, Display Room
    Lot size
    0.07 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1888
    Floors in Building
    2
    Building materials
    Brick
    Roof type
    Flat
    Architectural style
    Other

    Brian Peterson Real Estate Group (574) 268-1899 [email protected]

    Listing agent Brian Peterson (574) 268-1899 License #RB14043309

    Listing date Aug 5, 2025

    MLS# 202442783 Listing URL

    Copyright © 2025 Kosciusko Board of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Warsaw Corner Building

    This corner building is situated in a high-traffic, highly visible location in the heart of Downtown Warsaw. The property features ground-level retail space and an apartment that is currently leased, along with basement storage. The second level contains another apartment, also currently leased. The third level offers 66x22 square feet of storage space, in addition to the basement. The building has a newer roof, and the HVAC systems in both apartments are only a few years old. The lot size is 0.07 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Splat Experience Association / Organization Kosciusko County Republican ... Political Party Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Warsaw
    County
    Kosciusko
    State
    Indiana
    Longitude
    -85.857772
    Latitude
    41.237805

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    FAQs

    What type of property is this?
    Retail space - High-traffic corner building with retail and apartment space in Warsaw.
    Where is this retail space located?
    The property is located at 123 W Center St Warsaw, IN.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - High traffic and visibility corner location in Downtown Warsaw.; - Ground level retail space and apartment (both currently leased) for immediate income.; - Newer roof and relatively new HVAC systems in both apartments.
    (574) 268-1899
    Request Owner's contact information
    123 W Center St Warsaw, IN 46580
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    Warsaw, IN 46580
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 W Center St Warsaw, IN 46580
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