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256 S Miami Street

Wabash, IN 46992
  • $410,000
  • STATUS: Active
  • ON SITE: 3 Days
  • MLS #: 202434038
New On Site 3 Days Ago
UPDATED: 25 min ago
$410,000
  • 0
    BEDS
  • 0.04
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,752
    SQFT
Neighborhood:
Type:
Commercial
Built:
1960
County:
Area:

School Ratings & Info

Listing provided by Payton Deeter of Terrell Realty Group, LLC: Cell: 260-571-1246.

Description

Ready to own your piece of Downtown Wabash? With gross monthly rents averaging $6,600, now is your chance, as this beautifully renovated downtown building is for sale! The downstairs is currently operating 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. 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!

Monthly Payment Calculator



© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2024-09-09T11:28:15.017.

www.romanskigroup.com/homes/154704674
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256 S Miami Street Wabash, IN 46992

  • Price: $410,000
  • Status: Active
  • On Site: 3 Days
  • Updated: 25 min ago
  • MLS #: 202434038
0
Beds
0
Baths
0
½ Baths
0.04
Acres
4,752
SQFT
$86
$/SQFT
1960
Built
Neighborhood:
None
County:
Wabash
Area:
Wabash
Property Description
Ready to own your piece of Downtown Wabash? With gross monthly rents averaging $6,600, now is your chance, as this beautifully renovated downtown building is for sale! The downstairs is currently operating 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. 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!
Exterior Features

Construction Type1 Masonry Exterior Brick Fire Doors YN Yes Lot Dimensions 24x66 Parking PublicStreet Parking Type On Street Parking YN Yes Road Access City Roof Material Shingle Security Light YN Yes Signs YN No Waterfront YN No

Interior Features

Basement Foundation Partial BasementUnfinished Basement YN Yes Bldg1 Above Grd Sq Ft 4752 Bldg1 Below Grd Sq Ft 1584 Bldg1 Fin Office Sq Ft 0 Ceiling Height 10 feet Column Spacing 18 Cooling Central Air Flooring CarpetConcrete Heating Fuel GasForced Air Interior Height 10 feet Interior Walls Drywall Special Features None Total Restrooms 4

Property Features

Annual Taxes 4184 Auction YN No Buildings 2 Burglar Alarm YN No Currently Leased YN Yes Documents Available LBP FormRent Roll Enterprise Zone No Equipment YN No Fire Protection City For Sale Or Rent For Sale Gross Monthly Expenses 2300 Gross Monthly Rent 6600 Ingress Egress Concrete Lease Term Remaining November 302024 New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Restaurant/Bar Reo YN No Sale Includes BuildingLandLease Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN Yes Tax Abatement No Township Noble Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 23 pay 24

Listing provided by Payton Deeter of Terrell Realty Group, LLC: Cell: 260-571-1246.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2024-09-09T11:28:15.017.

 
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The Romanski Group - Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Payton Deeter of Terrell Realty Group, LLC: Cell: 260-571-1246.