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    1367 Wabash Ave Terre Haute, IN 47807

    For Sale
    $440,000

    Restaurant/Bar - Terre Haute, IN

    Lot size:
    0.40 Acres
    Days on Market:
    17
    Last Refresh:
    Dec 5 at 5:06 am

    Property Features for 1367 Wabash Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Security features
    Security System
    Zoning
    C1
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5
    Bathrooms
    6
    Interior features
    Security System, Fixtures, Furniture, Carpeting, Display Window, Restroom(s), 220 Volts
    Lot size
    0.40 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Building materials
    Brick
    Architectural style
    Other

    Century 21 Elite (812) 238-1771 [email protected]

    Listing agent AMY GORDON (812) 238-1771 License #RB14039364

    Listing date Nov 19, 2025

    MLS# 108026 Listing URL

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

    Overview

    Turnkey Restaurant and Bar Opportunity

    Located at 1367 Wabash Ave in Terre Haute, IN, this property presents a turnkey restaurant and bar opportunity with multiple income streams. The property includes two buildings: a restaurant/bar space and a separate commercial building, along with two fully furnished one-bedroom apartments. The restaurant is fully equipped with commercial appliances, bar fixtures, and furniture, accommodating up to 65 patrons indoors, with additional outdoor seating for 16. The property also features 30 parking spaces. The two attached apartments offer additional revenue opportunities, with one currently operating as an Airbnb and the other rented on a month-to-month basis; both are fully furnished and move-in ready. This property is located in a high-visibility location and is zoned C1. The lot size is 0.4 acres. This property is suitable for an established restaurateur looking to expand, an investor seeking a turn-key hospitality operation, or someone seeking a property with multiple income streams.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    The Wing House Family Restaurant

    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.

    Similar Places Nearby

    Honey's At THBC, Charlie's Pub & Grub, M. Moggers Restaurant & Pub, Ripley's Beach Bar, Catacombs Tap Room

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.395499
    Latitude
    39.467925

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    FAQs

    What type of property is this?
    Bar - Fully equipped restaurant/bar with apartments in prime location.
    Where is this bar located?
    The property is located at 1367 Wabash Ave Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $440,000.
    What are key features of this property?
    This property features: - Turnkey restaurant and bar with all equipment, fixtures, and furniture included for immediate operation.; - Multiple income streams from restaurant/bar, separate commercial building and two fully furnished apartments (one Airbnb, one month-to-month rental).; - Prime, high-visibility location in Terre Haute.
    (812) 238-1771
    Request Owner's contact information
    1367 Wabash Ave Terre Haute, IN 47807
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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
    1367 Wabash Ave Terre Haute, IN 47807
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