Commercial Office building

503 N Cass Street, Wabash, Indiana 46992

  • Property Subtypes Office Building , Mixed Use
  • Building Size (RSF) 1,571 SF
  • Gross Building Area 2,391 SF
  • Building Status Existing
  • Sale Price $109,900.00 Total
  • Unit Price $69.96 per SF
  • Property Use Type Vacant/Owner-User
  • Class of Space N/A
  • Total Land Size 0.24 Acres
  • Sale Terms Cash to Seller
  • Cap Rate Undisclosed
  • Last Updated 8/28/2020
  • Days on Market 138 Days
  • Status active

Overview / Comments

Great North Cass Street Location !! High tragic count !! Cute office building containing a total of around 1,571 sq ft. Around 1,398 sq ft on the main level containing a reception/ office, 4 additional offices, break room, and a full bath. There is also an additional room on the 2nd floor which is about 173 sq ft in size but has limited uses due to the narrow stairway. There is also a 14' x 20' basement garage with an overhead door, opener & floor drain. There is an additional 1,100 sq ft of unfinished basement area suitable for storage or workshop area. The Basement exterior walls have been spray foam insulated. New roof installed in 2013. Newer 200 amp electric panel box and some updated wiring. Electric heat pump was installed in 2008. The central air unit was replaced in 2011. The electric water heater was replaced in 2011. Some newer pex plumbing. There is a large asphalt parking lot on the lower level with an easement for access off Cass Street. There is additional parking on the main level with an easement access form the neighbor to Stitt Street. All Electric with the average of $198/mo. Water $26/mo & Sewer is $33/mo.

Agent Notes

Vacant so short notice ok on showing.

Additional Details

  • Tax ID/APN 85-14-40-204-019.000-009
  • Property Visibility Excellent
  • Total Number of Buildings 1
  • Number of Stories 1.5
  • Year Built 1900
  • Year Renovated 2011
  • Tax Auth City of Wabash
  • Land Ownership Fee simple
  • Easements Description Normal utility easements. Driveway access from Cass St & also Stitt St is by easements.
  • Legal Description Ewing & Hanna Pt 35
  • Zoning Description General Business Use