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    Wabash Avenue Office Building For Sale Title is generated by Realmo AI

    1605 Wabash Avenue, Terre Haute, IN 47807

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    For Sale
    $1,008,000

    SINGLE_FAMILY - Terre Haute, IN

    Type:Office
    Added:
    Apr 22, 2025
    Days on Market:
    401
    Last Refresh:
    May 27 at 10:06 pm

    Property Features for 1605 Wabash Avenue

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    C
    Interior features
    440 Volts
    Standard status
    Active
    APN
    84-06-22-433-002.000-002

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air

    Building Details

    Floors in Building
    1

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    Listing Contact
    Dave Cash

    Listing agent Dave Cash License #RB14017104

    Listing office REMAX R.E.A. 1000 S Third St., Terre Haute, IN

    Listing date Apr 22, 2025

    MLS# 106119

    Copyright © 2026 Terre Haute Area Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High 9% Cap Rate
    • $90,700 Net Operating Income (NOI)
    • NNN Lease Structure
    • Tenant recently upgraded interior in 2020
    • Two 5‑year lease options with 2% annual increase
    • Additional parking provided by 2 extra lots

    Overview

    This commercial property, formerly the Spectrum Operation Center, is located on Wabash Avenue in Terre Haute, Indiana, and is surrounded by various retail establishments and restaurants. The property has two extra lots to the south, providing additional parking. The current lease has two years remaining, with two five-year options at a 2% annual increase. The tenant upgraded the interior in 2020. The property generates a net operating income (NOI) of $90,700 under a NNN lease structure, reflecting a 9% cap rate.
    Property Profile Location Intelligence

    Current Use by Public Records

    Spectrum Store Telecommunications Service

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.391409
    Latitude
    39.468471

    FAQs

    What type of property is this?
    Office building - NNN leased office building with options and additional parking.
    Where is this office building located?
    The property is located at 1605 Wabash Avenue Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $1,008,000.
    What are key features of this property?
    This property features: High 9% Cap Rate; $90,700 Net Operating Income (NOI); NNN Lease Structure
    More about this property
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