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Fully Leased Mixed-Use Property
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119 E CTR ST, Warsaw, IN 46580

Downtown commercial building occupied by service, financial, nonprofit, and wellness-oriented tenants.

Property Size14,570 SF
Price / SF$51.27
Days on Market9

Property Features for 119 E CTR ST

General Information

Standard status Active
Size 14,570 SF
Class B
Property subtype Retail, Office, Mixed Use
Occupancy 100%
Lease Type Gross
Investment Type Core
Net Operating Income $74,700

Building Details

Year Built 1916
Year Renovated 2022
Stories 2
Tenancy Multi
Listing Agency: Cushman & Wakefield - Indianapolis, Indiana
Listed By: Brooke Ratliff · License #25000924
Source: Crexi
Added: Jul 28 Changed: Aug 5 Last Checked: Aug 5 at 6:51AM

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 Cushman & Wakefield - Indianapolis, Indiana

Investment Insights

Based on property information with market context.

Town Center Mall is a 14,570-square-foot mixed-use commercial property built in 1916 at 119 E. Center Street in Warsaw, Indiana. The building is fully leased to a tenant mix spanning service businesses, financial operations, nonprofit organizations, and wellness providers, offering established occupancy across several business categories.

The property sits within Warsaw’s walkable downtown area along E. Center Street, with access to State Road 15, the city’s primary commercial corridor. Nearby demand drivers include Zimmer Biomet’s global headquarters, Kosciusko Community Hospital, local businesses, national retailers, essential service providers, and established residential neighborhoods. The surrounding mix supports regular commercial activity and convenient access to downtown amenities.

Key Highlights

  • 100% leased mixed‑use commercial property
  • 14,570‑square‑foot building at 119 E. CTR ST, Warsaw, IN
  • Built in 1916

Property Analytics

Current Use

United Way of Whitley ... Charitable Organization KeyBank Bank Northwestern Mutual Financial Financial Advisor Priority Medical Engineering Consultant OneMain Financial Loan Service

Suggested Use

Top Pick Pharmacy Electrical Service Plumbing Service HVAC Service Storage Facility Bakery

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

Location Intelligence

Trade Area within ½ mile

518
Businesses Nearby

Demographics for 46580, IN

22,381
Population
8,873
Households
2.5
Avg Household Size
38
Median Age
25%
College-Educated
88%
High-School Grad
71.1 sq mi
ZIP Area
315
Density / Sq Mi
$70,978
Median Household Income
$40,231
Median Earnings
$963
Median Rent
$175,700
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Downtown commercial building occupied by service, financial, nonprofit, and wellness-oriented tenants.
Where is this mixed-use property located?
The property is located at 119 E CTR ST Warsaw, IN.
What is the asking price?
The asking price for this property is $747,000.
What are key features of this property?
This property features: 100% leased mixed‑use commercial property; 14,570‑square‑foot building at 119 E. CTR ST, Warsaw, IN; Built in 1916
(317) 634-6363 Call to check price and availability
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