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Map

Directions

Corner of Wabash St. and Market St

Description

At the very beginning of the Gilded Age in 1876, Mr. William R. Collins and the First National Bank of Wabash built the most ambitious project ever undertaken in Wabash. Located at the central point of Wabash commerce: Wabash Street & West Market St. 178 S Wabash is on the National Register of Historical Places. Architectural style: Second Empire. Whether you are visitor or a life-long resident of Wabash this building is always head-turner, admired in photographs, and often the focal point for photographers and artists. Over 11,000 sq ft of space and is 4 stories tall. The 5th story is basically an attic area with no functional use. 1st level & 2nd level are finished and currently utilized as a bakery and the leased section (west side) is a beauty salon. 3rd level has office space and storage areas. 4th level needs remodeling but has so much potential to be even more usable space! 3 Restrooms. Kitchen with appliances and furnishings negotiable. Beauty salon is currently rented for $800/month including utilities. 3rd level has plumbing and bathroom fixtures but is not in use and the current owner has never utilized the plumbing on 3rd floor and above. This property has 2 GRANT OPPORTUNITIES!! (OCRA) up to $50,000. Department of Historic Preservation & Archeology (DHPA) up to $100,000. There are also incentive opportunities through Downtown Wabash, Inc. as well! Please know that the owners have removed some items of personal property since the pictures were originally taken. ***See attached Historical – Exterior (Deed Restriction) from Indiana Landmarks***

Details

  • Property Details

  • MLS #:
    202236710
  • Price
    $250,000
  • Approx. Lot Size Acres
    0.077
  • Approx. Lot Size SqFt
    3,354
  • Class
    Commercial
  • DOM
    156
  • Lot Dimensions
    77x41
  • New Construction
    No
  • Parcel ID#
    85-14-11-304-158.000-009
  • Property Sub-Type
    Retail
  • State
    IN
  • Subdivision
    None
  • Year Built
    1876
  • Zip
    46992
  • Interior Features

  • Other Features

  • Waterfront Y/N
    No

Last updated: February 7 2023, 2:03 AM

Listing courtesy of: Lesley Vigar, Lundquist Appraisals & Real Estate

IDX information provided by the Indiana Regional MLS. 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. Data is deemed reliable but is not guaranteed accurate by the MLS. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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