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Versatile Retail Space in Wabash
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53 E Market St, Wabash, IN 46992

Premier leasing opportunity for retail or commercial ventures in Wabash.

Space Size7,745 SF
Days on Market1036

Property Features for 53 E Market St

General Information

Standard status Active
Size 7,745 SF
Property subtype RETAIL

Spaces For Lease

at 53 E Market St
53 E. Market St AVAILABLE, Now
Floor Bldg
Size 7,745 SF
Type RETAIL
Rate Contact for pricing
Lease Type NNN
Sublease No
Legacy Commercial Property has commercial retail space available for lease at 53 E. MARKET ST. in Wabash, IN. This well managed retail or office space has strong visibility on the SE corner of E Market Street & S Wabash Street. The building is in a well-established area with superb on-site parking, over 35 spaces in total.
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Listing Agency: Legacy Commercial Property
Listed By: Legacy Commercial Property
Source: Moodyscre
Added: Dec 15, 2023 Changed: Oct 15 Last Checked: Oct 16 at 11:53AM

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 Legacy Commercial Property

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Investment Insights

Based on property information with market context.

Located in the heart of Wabash, 53 E. Market St. presents a leasing opportunity for retail or commercial ventures. The property offers a versatile layout, expansive storefront windows, and ample parking. Its strategic location is intended to attract steady foot traffic and enhance brand exposure. The space provides a welcoming and dynamic environment suitable for a variety of retail or commercial uses. The flexible layout allows for efficient floor planning and product displays. The area surrounding 53 E. Market St. offers a mix of local attractions and conveniences, creating an inviting environment for retail or strip center tenants. The property benefits from its close proximity to the bustling historic downtown, known for its array of local shops, restaurants, and cultural venues. Nearby attractions such as the Honeywell Center and the Wabash County Historical Museum contribute to the area's appeal, drawing locals and visitors alike. The location provides an opportunity for retail businesses to establish a presence and cater to the diverse needs of the Wabash market. The 7,745 SF property boasts a single unit, making it an ideal choice for retail and strip center investors seeking high visibility and foot traffic.

Key Highlights

  • Strategic location in the heart of Wabash, offering high visibility and foot traffic.
  • Versatile layout suitable for a range of retail or commercial businesses.
  • Ample parking for customers.

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency HVAC Service Kitchen & Bath Showroom Spa & Massage Center 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

492
Businesses Nearby
31k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 76% Dining 24%
Speedway Shops & Services
15,120 visits/mo 0.3 miles
Scooter's Coffee Dining
7,357 visits/mo 0.4 miles
Phillips 66 Shops & Services
4,699 visits/mo 0.3 miles
Shell Shops & Services
3,774 visits/mo 0.3 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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Premier leasing opportunity for retail or commercial ventures in Wabash.
Where is this retail space located?
The property is located at 53 E Market St Wabash, IN.
What are key features of this property?
This property features: Strategic location in the heart of Wabash, offering high visibility and foot traffic.; Versatile layout suitable for a range of retail or commercial businesses.; Ample parking for customers.
(847) 904-9200 Call to check price and availability
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