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Mixed-Use Building with Retail Space
For Sale
Contact for pricing
Pending

42 W Canal St, Wabash, IN 46992

Three-level property combines storefront areas with loft-style living, workspace, and basement accommodations.

Property SizeContact for details
Days on Market142

Property Features for 42 W Canal St

General Information

Standard status Pending
Total Parking Spaces 2
Property subtype Retail

Building Details

Buildings 1
Listing Agency: Terrell realty group
Listed By: Jennie Terrell · License #IN RB14033402
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:58AM

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 Terrell realty group

Investment Insights

Based on property information with market context.

This mixed-use property provides retail and residential components across three levels. The main floor contains two separate retail rooms, including a primary entrance with two storefront windows, plus a half bath, storage room, and office area. Upper-level improvements include two bedrooms, an open living, kitchen, and dining arrangement, limestone walls, original hardwood floors, a workshop, and laundry area. The basement adds an open kitchen and living area with one bedroom.

Updates completed in 2015 included a remodeled main bath, a new water heater, and refinished flooring in the principal retail area. Further work from 2019 through 2022 included an upgraded 200-amp electrical service, new roofing, tuck-pointing, and painting on the back wall. Two parking spaces are located behind the building.

Key Highlights

  • Two retail rooms on the main floor, with two storefront windows at the primary entrance
  • Upper level includes 2 bedrooms, open living, kitchen, and dining areas
  • Large workshop and laundry area included on the second floor

Property Analytics

Current Use

Canal St. Walk City Park Helpinh Hands of Wabash ... Take-out & Catering

Suggested Use

Top Pick HVAC Service Spa & Massage Center Kitchen & Bath Showroom Real Estate Agency Pharmacy Furniture & Home Goods

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

492
Businesses Nearby

Demographics for 46992, IN

16,183
Population
7,654
Households
2.1
Avg Household Size
44
Median Age
23%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
99
Density / Sq Mi
$65,500
Median Household Income
$39,378
Median Earnings
$697
Median Rent
$141,800
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 - Three-level property combines storefront areas with loft-style living, workspace, and basement accommodations.
Where is this mixed-use property located?
The property is located at 42 W Canal St Wabash, IN.
What are key features of this property?
This property features: Two retail rooms on the main floor, with two storefront windows at the primary entrance; Upper level includes 2 bedrooms, open living, kitchen, and dining areas; Large workshop and laundry area included on the second floor
(260) 563-7478 Call to check price and availability
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