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Corner of Wabash St. and Market St

Description

Exceptional commercial opportunity in a prime downtown location! Situated prominently on the corner of Wabash Street and West Market Street, this attractive historic building offers over 11,000 square feet of space across four levels and is ready for its next chapter. Previously operated as a bar, the property features finished space on the main and second floors with numerous possibilities for future business use. The main level includes an impressive 18′ x 47′ entertainment room with display windows, vinyl flooring, a stage, and a newer mini-split system. Behind the stage is access to the basement and an ADA-compliant 7′ x 9′ restroom. Adjacent to the entertainment space is a spacious 50′ x 18′ bar area featuring ceramic tile flooring, a large bar, and a unique sound-activated cloud ceiling. Also on the main level are a 20′ x 5′ prep room with ceramic tile flooring, a 5′ x 9′ restroom, and a 14′ x 18′ private office complete with a fireplace and original built-in cabinetry that enhance the building’s historic character. The second-floor loft area measures approximately 49′ x 18′ and also features the sound-activated cloud ceiling, a 7′ x 5′ restroom, and a 13′ x 19′ kitchen. Access from the kitchen leads to the upper levels. The third floor offers multiple rooms that could be utilized as storage or office space, while the fourth floor is currently unfinished and ready for renovation, providing excellent potential for additional usable square footage. For entrepreneurs interested in reopening the property as a bar, the building is located within the Historic Riverfront District, where a liquor license is readily available for approximately $1,000/per year. The previous bar layout was approved for an occupancy capacity of 73. With its highly visible corner location, historic character, expansive floor plan, and flexible layout, this property presents an exceptional opportunity in the heart of downtown Wabash.

Details

  • Property Details

  • MLS #:
    202624614
  • Price
    $320,000
  • Approx. Lot Size Acres
    0.072
  • Approx. Lot Size SqFt
    3,354
  • Class
    Commercial
  • DOM
    47
  • Lot Dimensions
    77x41
  • New Construction
    No
  • Parcel ID#
    85-14-11-304-158.000-009
  • Property Sub-Type
    Mixed Use
  • State
    IN
  • Subdivision
    None
  • Year Built
    1876
  • Zip
    46992
  • Interior Features

  • Other Features

  • Waterfront Y/N
    No

Last updated: August 10 2026, 9:03 AM

Listing courtesy of: John Lundquist, 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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