For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1605 Wabash Avenue Terre Haute, IN 47807

    View on Map
    Claim this Listing
    For Sale
    $1,008,000

    Office - Terre Haute, IN

    Type:Office
    Added:
    Apr 22, 2025
    Days on Market:
    375
    Last Refresh:
    May 1 at 7:06 pm

    Property Features for 1605 Wabash Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Zoning
    C
    Bathrooms
    4
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Interior features
    440 Volts
    Standard status
    Active
    APN
    84-06-22-433-002.000-002

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1
    Building materials
    Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    DAVE CASH

    Listing agent DAVE CASH License #RB14017104

    Listing office REMAX R.E.A. 1000 S Third St., Terre Haute, IN

    Listing date Apr 22, 2025

    MLS# 106119 Listing URL

    Copyright © 2026 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

    Terre Haute Office Investment

    The property is an office building located in Terre Haute, Indiana. It is situated on Wabash Avenue and is surrounded by various retail establishments and restaurants. The property has functioned as the Spectrum Operation Center for several years, with two years remaining on the current lease. The lease includes two 5-year options with a 2% annual increase. The net operating income (NOI) is $90,700 NNN, with a 9% cap rate. The tenant upgraded the interior in 2020. Two extra lots to the south of the building provide additional parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spectrum Store Telecommunications Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.39141
    Latitude
    39.46848

    FAQs

    What type of property is this?
    Office building - Leased office building with income potential in Terre Haute.
    Where is this office building located?
    The property is located at 1605 Wabash Avenue Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $1,008,000.
    What are key features of this property?
    This property features: High 9% Cap Rate; $90,700 Net Operating Income (NOI); NNN Lease Structure
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message