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    403 Wabash Ave Terre Haute, IN 47807

    Sponsored
    For Lease
    $16 SF/Yr ($9,220 /Mo)

    Prime Office Space, 2,514 sq ft

    Lot size:
    6,706 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 2,514 square foot office suite is ideally situated in the heart of downtown Terre Haute, at the corner of Wabash and 4th Street. The single-tenant space is located within a well-maintained, one-story building constructed in 2001, offering excellent visibility and accessibility. The building boasts a total of 6,706 square feet, with ample parking provided by 30 spaces. This prime location offers unparalleled convenience, with easy walking access to a variety of restaurants, services, and Indiana State University (ISU). The property is zoned C-9, reflecting its suitability for commercial use. The suite itself presents a fantastic opportunity for businesses seeking a prominent downtown presence. With 2,514 square feet of vacant space, this property is ready for immediate occupancy. The building's excellent condition and desirable location make this an exceptional investment opportunity for businesses seeking a thriving downtown Terre Haute address. The combination of ample parking, high visibility, and proximity to key amenities makes this suite a truly attractive option. Don't miss this chance to secure a prime office space in a vibrant and growing downtown area.

    Property Features for 403 Wabash Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,706 SF
    Total Rate
    9220.75

    Building Details

    Year Built
    2001
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    2,514 SF
    Rate per SF
    $16

    HighLights

    • 6,706 SF single‑tenant office building in Downtown Terre Haute.
    • 2,514 SF of vacant space available.
    • Built in 2001, one‑story building.
    • 30 parking spaces.
    • Located at the corner of Wabash and 4th Street, with excellent visibility.
    • C‑9 zoning.
    Property Profile Location Intelligence

    Current Use by Public Records

    Selected Insurance Indiana Auto Insurance Agency

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.412283231499
    Latitude
    39.466514388329

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    FAQs

    What type of property is this?
    Office Property / Space - Prime Office Space, 2,514 sq ft
    Where is this office property / space located?
    The property is located at 403 Wabash Ave Terre Haute, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: 6,706 SF single-tenant office building in Downtown Terre Haute.; 2,514 SF of vacant space available.; Built in 2001, one-story building.
    Request Owner's contact information
    403 Wabash Ave Terre Haute, IN 47807
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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
    403 Wabash Ave Terre Haute, IN 47807
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