40 E Canal Street

Wabash, IN
$ 40,000 Beds 0 Baths 3 Sq 3,828 Virtual Tour
Monthly Estimate* How much can I afford?

Great downtown business opportunity. This building offers 1,914 square feet of main floor commercial space complete with display area at front of building, the front area is approximately 20X48, a 8X10 private office, kitchen / breakroom area and two half bathrooms. The main level of the building is heated with a gas forced air furnace and also has central air conditioning and has its own 100 amp electric service. The second floor of the building is currently a spacious two bedroom apartment featuring a 15X21 front living room overlooking down town Wabash, a 15X18 dining room, 10X18 galley kitchen with laundry hook up, one full bathroom and two bedrooms. it can be accessed from the main floor or by its own separate outside entrance on Canal st. There is an unfinished area at the back of the second level which could serve as storage space for the down stairs business or could be remodeled into additional living area for the apartment measuring 20X29 this area could be an awesome master suite with walk in closet and bathroom, the apartment also has its own 100 amp electric service and the roof is estimated to be 10 years old. The building has not been used in several years and is in need of updates so now is the perfect time to make it whatever you want it to be, these buildings don't come along often and most of this downtown area has already seen tons of renovations this is one of the last fixer uppers in this price range left.

Commercial

  • Price
  • $ 40,000
  • Lot Size
  • 2,614 SqFt
  • Bedrooms
  • 0
  • Sqr Footage
  • 3,828
  • Full Bathrooms
  • 3
  • Year Built
  • 1890
  • Half Bathrooms
  • 0
  • City, Zip
  • Wabash
  • Taxes
  • $ 1173
  • County
  • WABASH
  • Style
  • Retail
  • Area
  • Noble
  • MLS#
  • 202117927
  • Zip
  • 46992
Listing Provided by: John Lundquist with Lundquist Appraisals & Real Estate Services, Inc
Data Source: Indiana Regional MLS (IRMLS)

Features

General

# of Buildings 1
Age 131
Agent First Name John
Agent Last Name Lundquist
Bathrooms 3
Cooling Central Air, Window
Flooring Carpet, Vinyl Tile
Heating Gas, Forced Air
Legal Description OP MID 22' LOT 26
Listing Area Wabash County
New Construction No
Parking Off-Street, Street
Parking Yes
REO No
Roof Rubber
Sewer City
Special Features None
Status Active
Status Active
Stories 2
Subdivision None
Tax Year 2021
Type Retail
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202117927
Year Built 1890

Interior Features

Basement Y/n Yes
Basement/Foundation Full Basement
Burglar Alarm Y/n No
Fire Protection City
Smoke/fire Alarm Y/n No
Walls Drywall, Other
Water Heater Y/n Yes

Exterior Features

Approx. Lot Size Acres 0.06
Construction Type 1 Block
Exterior Brick, Stone, Vinyl
Lot Dimensions 22X132
Lot Size Area 2614
Parking Type on and off street
Road Access City
Security Light Y/n No
Sprinkler System Y/n No
Water Softener Y/n No
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the South Bend, IN office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

5/18/2021 Listed $40,000

Property vs Zip Code Average in 46992

Price
AVG $240K
$40K
Taxes
AVG $2,087
$1,173
Visits
AVG 16
2
Year Built
AVG 1932
1890

Map

Areas That We Cover

40 E Canal Street Wabash, IN is a Single Family Home for sale at $40000 with 3828 sqft and a lot size of 2,614 SqFt Acre(s). 40 E Canal Street Wabash has 0 bedrooms, 3 baths and was built in 1890. The property's zip code is 46992 which is in Wabash, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.