401-403 Wabash Avenue, Terre Haute, IN 47807

This three-unit office complex offers a flexible multi-tenant layout and a well-maintained building with floor-to-ceiling windows. The property sits on a corner with substantial street-facing presence, designed to support professional office use and attract tenant interest. Current occupancy includes long-tenured tenants: Morgan Stanley Smith Barney LLC (more than 20 years) and a State Farm Insurance Agency (nearly 10 years). A 2,514 SF space is currently vacant and available for lease, providing an immediate option for a qualified tenant.

The building is located in downtown Terre Haute at the intersection of Wabash Avenue and 4th Street, with approximately 280 feet of frontage. Exposure is enhanced by the signalized intersection and surrounding activity, and the property is described as being about one block from the Vigo County Courthouse and Indiana State University. The immediate area features a mix of retail, restaurants, and professional service providers.

For buyers and investors, the property’s existing office tenancy and available vacancy offer straightforward leasing and operational continuity. Reported financial performance includes a current NOI of $70,741 and a base rent amount of $27,654, along with a full-lease NOI of $89,388. The offering is positioned as an income-producing office asset in a central business setting, with an opportunity to lease the remaining space.