256 S Miami Street Active

Wabash,IN 46992

$ 395000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Restaurant/Bar

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202446495

Year Built 1960

Annual Tax Amount $4,185

Lot Size 1,742 Sqft

Property Description

Ready to own your piece of Downtown Wabash? Now is your chance, as this beautifully renovated downtown building is for sale! The downstairs is currently set up for operation as a restaurant space while there are two upstairs rental units that are being ran as month-to-month furnished rentals. There have been countless upgrades to the property over the past few years, including but not limited to interior updates of a new tankless water heater, furnace, electric, fire alarms and exit signs, lighting, paint, flooring, gas line and meter, and exterior updates of painting, waterproofing, and tuck pointing the building. One wing of the restaurant currently has built in bar seating, obtaining a liquor license could allow you to grow income even further. The upstairs units could be kept at month-to-month units, or easily converted back to traditional rental units. This building would be an awesome opportunity for an investor looking to add to their portfolio, or an aspiring business operator wanting to take that next leap!

Location

State IN

County Wabash County

Area Wabash County

Interior

Flooring Mixed

Exterior

Roof Type Rubber,Shingle

Building

Story 2

New Construction No

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