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    1450 1St St Wabash, IN 46992

    Sponsored
    For Sale
    $375,000

    40,699 SF Warehouse/Manufacturing Space

    Property size:
    40,699 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This vacant, single-story industrial building, located at 1450 First St, Wabash, IN 46992, offers 40,699 square feet of space on a 7.35-acre lot. Built in 1969 and renovated in 1984, the Class C property features four loading docks and four dock-high doors, ideal for warehouse or manufacturing operations. The 14-foot ceiling height provides ample storage and operational space. The property is zoned L/1 Light Mfg and assembly, ensuring suitability for various industrial uses. With a total of one unit, the asking price is $375,000, or $9.21 per square foot. The property's APN is 85-14-63-100-001.000.009. This substantial industrial building presents a significant opportunity for businesses seeking a well-located, functional space in Wabash County, Indiana. The property's size and features make it suitable for a variety of industrial uses, from light manufacturing to warehousing and distribution. Its strategic location offers easy access to transportation networks, further enhancing its appeal to potential buyers. This is a rare opportunity to acquire a large, well-maintained industrial property at a competitive price.

    Property Features for 1450 1St St

    General Information

    Property type
    Manufacturing properties
    Square Feet
    40,699 SF
    Class
    C
    Lot Size
    320,166 SF

    Building Details

    Year Built/Renovated
    1969/1984
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Large industrial building in Wabash, Indiana.
    • Suitable for manufacturing or warehouse/distribution use.
    • Industrially zoned (L/1 Light Mfg and assembly).
    • Features four loading docks and four dock‑high doors.
    • Offered at $375,000 ($9.21/SF); 40,699 SF on a 7.35‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Home design inc Furniture Wholesaler

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Kitchen & Bath

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

    Location Insight

    • Map
    • Local Demand
    City
    Wabash
    County
    Wabash
    State
    Indiana
    Longitude
    -85.83993442
    Latitude
    40.78670806

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    FAQs

    What type of property is this?
    Manufacturing property - 40,699 SF Warehouse/Manufacturing Space
    Where is this manufacturing property located?
    The property is located at 1450 1St St Wabash, IN.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Large industrial building in Wabash, Indiana.; Suitable for manufacturing or warehouse/distribution use.; Industrially zoned (L/1 Light Mfg and assembly).
    Request Owner's contact information
    1450 1St St Wabash, IN 46992
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    Wabash, IN 46992
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1450 1St St Wabash, IN 46992
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