412 S. Wabash St.

Retail-Commercial for Sale
Catylist Listing ID: 29933715
Property Subtypes: Restaurant, Street Retail
Building Size (RSF): 7,500 SF
Gross Land Area: 0.66 Acres
Sale Price: $600,000
Unit Price: $80 PSF
Property Use Type: Net Leased Investment (NNN)
Usable Size (USF): 7,500 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/20/2017

Overview / Comments

Totally renovated interior and exterior. 7,500 sq. ft. building on 0.66 acre. 3,600 sq. ft. retail/office space, 3,900 sq. ft. fully equipped cafe/restaurant with drive through. Dense area/high traffic counts.

Additional Details

Nearest MSA: Wabash
County: Wabash
Taxing Authority: Noble County
Tax ID/APN: 85-14-14-102-048.000-009
Zoning: COMMERCIAL/HISTORIC DISTRICT
Retail Clientele: General
Property Visibility: Excellent
Largest Nearby Street: SR 13
Highway Access: I-69 - 24.3 Miles
Site Description: Downtown Wabash retail/office. Totally renovated interior and exterior. 7,500 sq. ft. building on 0.66 acres.
Area Description: Located in downtown Wabash on the corner of Water St. & S. Wabash St.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Typical SF / Floor: 7,500 SF
Property Condition: Good
Year Built: 1952
Year Renovated: 2007
Roof Type: Flat
Construction/Siding: Other
Exterior Description: Steel Siding/Masonry
Total Parking Spaces: 30
Parking Type: Surface
Parking Description: Asphalt
Sprinklers: None
Heat Type: Natural Gas
Heat Source: Central
Air Conditioning: Other
Zoning Description: Commercial/Historic District
Water Service: Municipal
Sewer Type: Municipal

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,052 10,845 14,617
Median Age: 36.78 41 42.26
Households: 1,593 4,547 6,019

Contact

Photograph of Listing Agent

Dan Reese

The Zacher Company
ICREX Member
Photograph of Listing Agent

Steven K. Zacher, SIOR, CCIM

The Zacher Company
ICREX Member

Source

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