1091 Central Ave Wabash, IN 46992
This 2,728 square foot, single-story office building is located at 1091 Central Ave, Wabash, IN 46992. Currently 100% occupied, this Class B property presents a compelling value-add investment opportunity. Built in 1975, the building sits on a 0.44-acre lot zoned GB - General Business and features a reception area, conference room, and break room. The property includes two parking spaces and benefits from two points of ingress/egress at a lighted intersection, providing excellent accessibility. Situated conveniently off State Road 15 near US 24, the building offers ample parking in two on-site surface lots. Recent improvements include several new windows. The building measures 44' x 62' and is offered at an asking price of $225,000. The lease type is NNN, and the tenancy is single. The property's APN is 85-14-03-403-012.000-008. A virtual tour is available, allowing for detailed exploration of the space. This is a rare opportunity to acquire a fully occupied, well-located office building in Wabash, Indiana.
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Deborah L. Williams, LCSW Foster Care Service Social Service Agency
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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