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Medical Office Building with Exam Rooms
New
For Sale
$140,000

101 N Cross Street, Waveland, IN 47989

COMMERCIAL, Waveland, IN

Property SizeContact for details
Lot Size0.17 Acres
Days on Market2

Property Features for 101 N Cross Street

General Information

Property type Commercial Sale
Property subtype Office
Directions Office on the left hand side.
Subdivision Montgomery County
Standard status Active
APN 54-13-36-224-030.000-006
Lot size 0.17 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description PT LOTS 54 & 55 WAVELAND O P
Tax Annual Amount 3248
Legal Description PT LOTS 54 & 55 WAVELAND O P

Utilities

Cooling system Central Air

Amenities

hitching post

Building Details

Year built 2001
Flooring type Mixed
Roof type Shingle
Listing Agency: Indiana Integrity REALTORS
Listed By: Ramey Mascreen
Added: Aug 31 Last Checked: Sep 1 at 11:06AM
MLS# 202635786

Copyright © 2026 Lafayette Regional 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.

Investment Insights

Based on property information with market context.

This full-brick medical office building was constructed in 2001 and offers a purpose-oriented layout for clinical operations. The interior includes four exam rooms, an office, lab, two restrooms, receptionist’s office, nurse’s station, storage room, and lobby, with additional storage throughout. Central air, a high-efficiency propane forced-air furnace, an electric water heater, and mixed flooring are in place.

Exterior improvements include Anderson windows, a shingle roof installed in 2019, and parking that was repaved in 2019. The parking area also includes a hitching post for equine travelers. City water and sewer serve the property. The sale is subject to tenant rights.

Key Highlights

  • Four exam rooms plus office, lab, nurse’s station, lobby, and two restrooms
  • Full‑brick medical office building constructed in 2001
  • 2019 shingle roof and repaved parking lot

Property Analytics

Current Use

Mishler Dental Waveland Dental Office Dr. John C. ... Physician

Suggested Use

Top Pick Auto Repair Shop Dental Office Auto Parts Store Storage Facility Garden Center Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

57
Businesses Nearby
Well-served
Demand for This Use

Demographics for 47989, IN

1,277
Population
595
Households
2.1
Avg Household Size
40
Median Age
20%
College-Educated
92%
High-School Grad
40.0 sq mi
ZIP Area
32
Density / Sq Mi
$101,369
Median Household Income
$47,308
Median Earnings
$114,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Full-brick medical facility with a defined clinical layout, central air, and updated roof and parking improvements.
Where is this medical office space located?
The property is located at 101 N Cross Street Waveland, IN.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Four exam rooms plus office, lab, nurse’s station, lobby, and two restrooms; Full‑brick medical office building constructed in 2001; 2019 shingle roof and repaved parking lot
More about this property
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