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Property profile & analytics
FOR LEASE
Retail space

53 E Market St Wabash, IN 46992

8,720 SF 0.18 ac lot Built 1950
Individually Owned 14-yr Hold Free & Clear
Property ID
US31-2088325
Property summary
AI-generated overview

This exceptional retail opportunity is located at 53 E Market St in Wabash, Indiana, 46992. The property boasts a highly visible corner location at the southeast intersection of E Market St and S Wabash St, offering unparalleled exposure to significant foot and vehicle traffic. The building offers a total of 7,745 square feet of retail space, currently entirely vacant and ready for immediate occupancy by a single tenant. This presents a unique chance to establish a prominent presence in a thriving Wabash commercial district. The space is ideal for a variety of retail uses, given its size and prime location. Ample parking is available with 23 spaces provided for customers and employees. The property is classified as a storefront retail space, offering excellent street-facing visibility and accessibility. The building's size and layout provide flexibility for customization to meet the specific needs of a new tenant. This is a rare opportunity to secure a substantial, high-visibility retail space in a desirable Wabash location. The property's strategic placement ensures maximum exposure and potential for business growth. Interested parties are encouraged to act quickly to secure this exceptional retail opportunity. The address is easily accessible and well-situated within the Wabash commercial area. The 7,745 square feet of vacant space offers significant potential for a variety of retail businesses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1950
Construction WOOD
Total area 8,720 SF
Lot 0.18 ac (7,920 SF)
APN 85-14-11-304-214.000-009
UPID US31-2088325
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Liza Reynolds L P · 14 yrs held
Liza Reynolds L P
since 2012
1 recorded transaction
2012
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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