1119 Wabash Ave Terre Haute, IN 47807-3211
This exceptional 3,312-square-foot Class B office building, located at 1119 Wabash Avenue in Terre Haute, Indiana, presents a compelling investment opportunity. Currently configured as two separate suites, the property is ideally situated just 0.4 miles from Indiana State University, providing excellent visibility and access to a high-traffic area. Previously occupied by a real estate office and a title company, the building offers a flexible layout suitable for a variety of uses, including professional offices, retail spaces, or specialty services. The asking price is $390,000, translating to $117.75 per square foot. Situated in Vigo County, with a zip code of 47807, this property benefits from its proximity to a vibrant university neighborhood and offers significant potential for growth and return on investment. The building's location ensures high visibility and easy access for clients and employees. This is a rare chance to acquire a well-positioned commercial property in a thriving area of Terre Haute. The property is ready for immediate occupancy, providing a blank canvas for the new owner to customize to their specific business needs. The two-suite layout offers flexibility for multiple tenants or a single large occupant. Don't miss this chance to own a piece of Terre Haute's commercial landscape.
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Victory Title - Terre Haute Title Company
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.