Historic Mixed-Use Office
For Sale
Contact for pricing
Pending
123 W Center St, Warsaw, IN 46580
Historic building built in 1888 offers flexible C-4 commercial zoning with two existing apartments and ample on-street parking.
Property Size8,712 SF
Days on Market704
Property Features for 123 W Center St
General Information
Standard status
Pending
Size
8,712 SF
Property subtype
RETAIL
Zoning
C-4
Additional Details
Multifamily Units
2
Building Details
Year Built
1888
Listing Agency:
Brian Peterson Real Estate Group
(574) 268-1899
Listed By:
Jan Orban · License #RB14039951
(574) 551-0121
Source:
Moodyscre
Added: Nov 23, 2024
Changed: Oct 25
Last Checked: Oct 26 at 7:21PM
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 Brian Peterson Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This historic commercial building spans 8,712 square feet and was built in 1888. The property is described as well-maintained and offers modern amenities, with two existing apartments in place: a studio/main-level unit and a one-bedroom unit upstairs. The building is zoned C-4, providing flexible options for commercial use.
Located in the heart of Warsaw, the property is positioned for visibility to businesses and professionals. The listing notes ample on-street parking and proximity to local amenities and transportation.
With its combination of flexible zoning and current residential setup, the building may fit buyers looking for an office-oriented asset or an office-building investment structure while retaining existing apartment units.
Located in the heart of Warsaw, the property is positioned for visibility to businesses and professionals. The listing notes ample on-street parking and proximity to local amenities and transportation.
With its combination of flexible zoning and current residential setup, the building may fit buyers looking for an office-oriented asset or an office-building investment structure while retaining existing apartment units.
Key Highlights
- Historic building built in 1888 with 8,712 SF of space
- C‑4 zoning for flexible commercial use, suitable for office or office‑building investment
- Currently configured with 2 apartments: a studio (main level) and a 1‑bedroom apartment (upstairs)
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Explore this area
Business Placement
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Midwest region
Frequently Asked Questions
What type of property is this?
Duplex - Historic building built in 1888 offers flexible C-4 commercial zoning with two existing apartments and ample on-street parking.
Where is this duplex located?
The property is located at 123 W Center St Warsaw, IN.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: Historic building built in 1888 with 8,712 SF of space; C‑4 zoning for flexible commercial use, suitable for office or office‑building investment; Currently configured with 2 apartments: a studio (main level) and a 1‑bedroom apartment (upstairs)
