46 W Canal ***, Wabash, IN 46992
46 W Canal ***, Wabash, IN 46992
46 W Canal ***, Wabash, IN 46992
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Listed by Lundquist Appraisals & Real Estate
$329,900
Est. payment /mo
2 Baths
2,613 Sqft Lot

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID IRM202628133

HOA Y/N No

Year Built 1900

Annual Tax Amount $3,492

Tax Year 2025

Lot Size 2,613 Sqft

Acres 0.06

Lot Dimensions 19 x 132

Property Sub-Type Mixed Use

Property Description

Exceptional opportunity to own a well-established, turnkey business in the heart of beautiful downtown Wabash! The sale includes the thriving Pizza King restaurant and a spacious upper-level apartment that is currently being completely renovated. Renovations are expected to be completed by the end of the month, and the apartment photos reflect the current stage of construction. The restaurant is fully equipped and ready for continued operation, featuring two 60" Blodgett stone deck ovens, a Manitowoc ice maker, ThermoAir make station, 5' x 7' Hobart walk-in cooler, and a GE vertical deep freezer. The 17' x 30' dining area offers eight booths, five tables, digital menu boards, a fountain beverage station, and two large display windows that provide additional seating and excellent downtown views. Recent exterior improvements include a newly painted front facade, new Pizza King logo awning, and new burners, reflector plates, and thermocouples in both pizza ovens. Once complete, the upper-level apartment will offer outstanding owner-occupancy or rental potential with all-new heating and cooling, an electric water heater, PEX plumbing, fresh paint, brand-new cabinetry, and more. The spacious open-concept living area features soaring ceilings and a beautiful exposed brick accent wall, along with two bedrooms, two full baths, a flexible third room ideal for an office, bedroom, or storage room. Rear alley access with parking. Don't miss this opportunity to own a successful, established restaurant paired with a soon-to-be beautifully renovated apartment in downtown Wabash.

Location

State IN

Rooms

Basement Full, Unfinished

Interior

Heating Gas, Forced Air

Inclusions Building, Business, Furniture, Inventory

Fireplace N

Exterior

Parking Features Gravel, Private, Public Parking, On Street

Fence None

Waterfront Description None

View Y/N true

Total Parking Spaces 2

Building

Sewer Public Sewer

Water City

New Construction No

Others

Pets Allowed No

Tax ID 85-14-11-304-237.000-009

Acceptable Financing IRM202628133

Listing Terms IRM202628133

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202628133


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Mariah Cressy

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