123 Center StWarsaw, IN 46580

For Sale
$385,000

High-traffic retail & apartment building

Overview

Added:
Feb 3
Days on market:
38
This exceptional commercial property, located at 123 W Center Street in the heart of Downtown Warsaw, Indiana, presents a unique investment opportunity. Situated on a 0.07-acre corner lot, this building boasts high visibility and traffic, ensuring maximum exposure for any retail business. The ground floor offers versatile retail space, ideal for a variety of uses. Above the retail space is a currently leased apartment, providing a consistent rental income stream. A second apartment, also currently leased, occupies the second floor, further enhancing the property's investment potential. Significant storage space is available on both the third floor (measuring 66 x 22 feet) and in the basement, offering ample room for inventory or equipment. The building is well-maintained, featuring a newer roof and HVAC systems in both apartments that are only a few years old. This prime location, combined with the building's solid structure and income-generating potential, makes this an attractive proposition for savvy investors seeking a strong return on their investment in a thriving downtown area. The property's combination of retail and residential components offers a diversified income stream and a unique opportunity to capitalize on the vibrant Warsaw market. Serious inquiries are encouraged to explore this exceptional opportunity further. The asking price is $385,000.

Property Details for 123 Center St

Property type
Other commercial real estate
Year Built
1888
Lot Size (sq. ft)
3,049 SF

Location Insight

City
Warsaw
County
Kosciusko
State
Indiana
Latitude
41.2378
Longitude
-85.85777
123 Center St, Warsaw, Indiana

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123 Center St
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