123 W Center St Warsaw, IN 46580
Property profile & analytics
123 W Center St Warsaw, IN 46580
- Retail space
- 8,712 SF
- 0.07 lot acres
Property ID
US31-1845840
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Splat Experience / Association / Organization
- Kosciusko County Republican Party / Advocacy Group / Volunteer Organization
Property Details for 123 W Center St
- Year built
- 1888
- Construction
- WOOD
- Lot size
- 0.07 lot acres
- Property size
- 8,712 SF
- Zone code
- C-4 C
- Property type
- Retail space
- APN
- 43-11-08-300-002.000-032
- APU
- 431108300002000032
Description
This exceptional commercial property, located at 123 W Center Street in the heart of Downtown Warsaw, Indiana, presents a unique investment opportunity. Situated on a 0.07-acre corner lot, this building boasts high visibility and traffic, ensuring maximum exposure for any retail business. The ground floor offers versatile retail space, ideal for a variety of uses. Above the retail space is a currently leased apartment, providing a consistent rental income stream. A second apartment, also currently leased, occupies the second floor, further enhancing the property's investment potential. Significant storage space is available on both the third floor (measuring 66 x 22 feet) and in the basement, offering ample room for inventory or equipment. The building is well-maintained, featuring a newer roof and HVAC systems in both apartments that are only a few years old. This prime location, combined with the building's solid structure and income-generating potential, makes this an attractive proposition for savvy investors seeking a strong return on their investment in a thriving downtown area. The property's combination of retail and residential components offers a diversified income stream and a unique opportunity to capitalize on the vibrant Warsaw market. Serious inquiries are encouraged to explore this exceptional opportunity further. The asking price is $385,000.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Warsaw
- County
- Kosciusko
- State
- Indiana
- Longitude
- -85.8578
- Latitude
- 41.2378
- CBSA code
- 47700
- CBSA name
- WARSAW, IN MICROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$5,845
$34,900
$202,000
$236,900
-
$34,900
$202,000
$236,900
