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Premier Office Space in Terre Haute
For Lease
$17 SF/Yr

401-403 Wabash Avenue, Terre Haute, IN 47807

SINGLE_FAMILY - Terre Haute, IN

Space SizeContact for details
Lot Size0.45 Acres
Days on Market141

Property Features for 401-403 Wabash Avenue

General Information

Property type Residential
Property subtype Retail
Zoning C-9
Interior features 220 Volts, Handicap Restroom
Accessibility Accessible Approach with Ramp
Subdivision Vigo County
Standard status Active
APN 84-06-21-454-001.000-002
Lot size 0.45 Acres

Utilities

Heating system Natural Gas
Cooling system Central Air

Building Details

Floors in Building 1
Listing Agency: REMAX R.E.A. · RE/MAX International
Listed By: Dave Cash · License #RB14017104
Added: Mar 25 Changed: May 26 Last Checked: Aug 12 at 12:06AM
MLS# 108906

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.

Investment Insights

Based on property information with market context.

This premier office building is located in downtown Terre Haute, offering high visibility with over 280 feet of frontage along Wabash Avenue and 4th Street. Situated at a signalized corner, the property benefits from steady traffic and attention throughout the day. Its location is one block from the courthouse and Indiana State University, placing it in a commercial corridor with retail shops, restaurants, and professional services. The office space features floor-to-ceiling windows that provide natural light, five private offices, and an oversized conference room. A modern kitchen and break room are also included. High-end finishes are present throughout the space. The property is located on a 0.45-acre lot and is suitable for commercial real estate purposes. The zoning is C-9, allowing for a range of business uses. The property is located in Terre Haute, IN 47807.

Key Highlights

  • Premier location with 280+ feet of frontage on Wabash Avenue at a signalized corner.
  • High visibility and exposure, drawing steady traffic and attention.
  • Situated in a thriving commercial corridor near the courthouse and Indiana State University.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Furniture & Home Goods Garden Center (Bike/Boat/Book/etc) Store Storage Facility Bakery Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,498
Businesses Nearby

Demographics for 47807, IN

12,063
Population
6,805
Households
1.8
Avg Household Size
29
Median Age
13%
College-Educated
82%
High-School Grad
3.8 sq mi
ZIP Area
3,174
Density / Sq Mi
$24,389
Median Household Income
$15,611
Median Earnings
$910
Median Rent
$58,400
Median Home Value

Market

Lease Benchmarks for Terre Haute, IN

$15.68 /SF/Yr
Avg Asking Price
$13.71–$17 /SF/Yr
Price Range
2,286 SF
Avg Space Size

This space is priced 8% above the average of $15.68 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Highly visible office space in downtown Terre Haute for rent.
Where is this office units located?
The property is located at 401-403 Wabash Avenue Terre Haute, IN.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Premier location with **280+ feet of frontage on Wabash Avenue at a signalized corner.**; High visibility and exposure, drawing steady traffic and attention.; Situated in a thriving commercial corridor near the courthouse and Indiana State University.
More about this property
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