Downtown Retail Space for
For Sale
Contact for pricing
111 N High St, Warsaw, IN
Retail property in downtown Warsaw, Indiana, with high visibility.
Property Size800 SF
Lot Size0.09 Acres
Price / SF$218.75
Days on Market465
Property Features for 111 N High St
General Information
Standard status
Active
Size
800 SF
Lot size
0.09 Acres
Property subtype
RETAIL
Listing Agency:
The Zacher Company
(260) 422-8474
Listed By:
Dan Gabbard · License #RB18001659
(260) 704-5409
Source:
Moodyscre
Added: Jul 11, 2025
Changed: Oct 13
Last Checked: Oct 16 at 5:45AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Zacher Company
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Investment Insights
Based on property information with market context.
This retail space is located within a prominent downtown corridor and is adjacent to the Warsaw Public Library. The site benefits from multiple access points and ideal visibility, with a traffic count of 10,285 vehicles per day. The property is zoned commercial (C-4). The property size is 800 square feet.
Key Highlights
- Prominent downtown corridor location
- High visibility with 10,285 vehicles per day (VPD)
- Multiple access points
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,112
Cap Rate
4.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,240
$162.2K
Cap Rate 7%
$115,886
$115.9K
Cap Rate 9%
$90,133
$90.1K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$12.1K $15.12/SF
− Vacancy
−$508 −$0.64/SF
EGI
$11.6K $14.48/SF
− OpEx
−$3.5K −$4.35/SF
NOI
$8.1K $10.14/SF
Area
Kosciusko County, IN
Vacancy
4.20%
Lease Rate
$15.12 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$162,240
Cap Rate 7%
$115,886
Cap Rate 9%
$90,133
Alternative Uses
Best Use
Retail
$115.9K
$101.4K – $135.2K
NOI $8,112 @ 7.0% cap · market cap 4.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$139.4K
$122.0K – $162.6K
NOI $9,756 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
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Business Placement
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Retail property in downtown Warsaw, Indiana, with high visibility.
Where is this retail space located?
The property is located at 111 N High St Warsaw, IN.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Prominent downtown corridor location; High visibility with 10,285 vehicles per day (VPD); Multiple access points
