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    500 Wabash Ave Terre Haute, IN 47807

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    For Lease
    Contact for pricing

    Mixed-use retail and student housing complex near ISU campus.

    Property size:
    4,600 SF
    Lot size:
    0.24 Acres

    Property Features for 500 Wabash Ave

    General Information

    Size
    4,600 SF
    Lot size
    0.24 Acres

    Source: Thompson Thrift Retail Group Agent Joe Monaghan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail End Cap with Patio

    This 4,600 square feet end cap with a patio is available for lease. Located at 500 Wabash Avenue, the property is part of a five-story mixed-use complex featuring retail space and student housing. The building is situated less than two blocks from the central part of Indiana State University's campus. The complex houses approximately 260 students and offers around 22,000 square feet of ground-level retail, office, and flex space. Terre Haute is a college town with Indiana State University, Rose-Hulman Institute of Technology, and Saint Mary of the Woods College. A $1.5 billion industrial park investment by Entek is planned, which is expected to bring 640 jobs to Terre Haute between now and 2027. Other major regional employers include Union Hospital Healthcare, Regional Hospital Healthcare, Medical Group Healthcare, Vigo County School Corporation, First Financial Bank, and the Vigo County Government.
    Location Intelligence

    Current Use by Public Records

    USI Insurance Services ... Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.410616
    Latitude
    39.466816

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    FAQs

    What type of property is this?
    Retail space - Mixed-use retail and student housing complex near ISU campus.
    Where is this retail space located?
    The property is located at 500 Wabash Ave Terre Haute, IN.
    What are key features of this property?
    This property features: - 4,600 SF End Cap with Patio Available for Lease; - Located less than 2 blocks from Indiana State University (ISU) campus; - Part of a mixed-use complex with 260 student residents
    (317) 260-9298
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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
    500 Wabash Ave Terre Haute, IN 47807
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