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$395,000
Est. payment /mo
1,742 Sqft Lot
Active
256 S Miami Street Wabash, IN 46992
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UPDATED:
12/06/2024 08:54 PM
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
Direction Take Cass St. to Canal St. then turn left onto Miami St.
Interior
Flooring Mixed
Appliance Building, Land
Exterior
Roof Type Rubber,Shingle
Building
Story 2
New Construction No
IDX information provided by the Indiana Regional MLS
Listed by Payton Deeter • Terrell Realty Group, LLC • Cell: 260-571-1246
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