Restaurant Building with Lower-Level
For Sale
$225,000
380 Manchester Ave, Wabash, IN 46992
The building retains a commercial kitchen and multiple dining areas, with General Business zoning.
Property Size6,725 SF
Lot Size1.63 Acres
Price / SF$33.46
Days on Market10
Property Features for 380 Manchester Ave
General Information
Standard status
Active
Size
6,725 SF
Lot size
1.63 Acres
Property subtype
Commercial
Zoning
General Business
Restaurant
Commercial Hood
Yes
Equipment Included
Yes
Additional Details
Utilities to Site
Yes
Building Details
Year Built
1966
Listing Agency:
Lundquist Appraisals & Real Estate
Listed By:
Robert Lundquist bob@lundquistrealestate.com
Source:
Fortwayneareahomesforsale
Added: Oct 12
Changed: Oct 19
Last Checked: Oct 20 at 9:56PM
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 Lundquist Appraisals & Real Estate
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Investment Insights
Based on property information with market context.
This restaurant property at 380 Manchester Ave in Wabash occupies 1.632 acres and contains 6,725 square feet across two levels: 4,703 square feet on the main floor and 2,022 square feet below. The existing layout includes several dining areas, with seating for approximately 112 guests upstairs and 48 downstairs. A commercial kitchen has a hood and fire-suppression system, and kitchen equipment and remaining personal property are included in the sale.
The building was constructed in 1966 and has a rooftop heating and cooling system, two newer mini-splits serving rear upper-level dining areas, and another newer mini-split for the lower-level dining room. Electrical service is three-phase, with multiple 100-amp panels. City utilities are available, along with a functional well previously used for cooling. Site features include an asphalt parking area and a freestanding sign. The property is zoned General Business and fronts Manchester Avenue, also designated State Road 13, on Wabash’s north side.
The building was constructed in 1966 and has a rooftop heating and cooling system, two newer mini-splits serving rear upper-level dining areas, and another newer mini-split for the lower-level dining room. Electrical service is three-phase, with multiple 100-amp panels. City utilities are available, along with a functional well previously used for cooling. Site features include an asphalt parking area and a freestanding sign. The property is zoned General Business and fronts Manchester Avenue, also designated State Road 13, on Wabash’s north side.
Key Highlights
- 1.632‑acre site with 6,725 square feet across two levels
- Restaurant seating for approximately 112 on the main level and 48 in the lower level
- Commercial kitchen includes hood and fire‑suppression systems; kitchen equipment and remaining personal property are included
Property Analytics
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Current Use
Lease Details
Yes
Utilities to site
Yes
Commercial hood
Location Intelligence
Trade Area within ½ mile
248
Businesses Nearby
8k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 83%
Electronics 17%
Village Pantry
Shops & Services
4,757 visits/mo
0.2 miles
Boost Mobile
Electronics
1,410 visits/mo
0.4 miles
Marathon Petroleum
Shops & Services
1,266 visits/mo
0.2 miles
Napa Auto Parts
Shops & Services
769 visits/mo
0.1 miles
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
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The building retains a commercial kitchen and multiple dining areas, with General Business zoning.
Where is this conventional restaurant located?
The property is located at 380 Manchester Ave Wabash, IN.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 1.632‑acre site with 6,725 square feet across two levels; Restaurant seating for approximately 112 on the main level and 48 in the lower level; Commercial kitchen includes hood and fire‑suppression systems; kitchen equipment and remaining personal property are included
