featured property highlights · featured property highlights – downtown wabash retail / office...

Featured Property Highlights

– Downtown Wabash Retail / Office Available

– 7,920 SF Recently Remodeled for Family Video

– Strategic Proven Location with Great Visibility & Signage Opportunities

– Ample Parking of 25 Spaces

– Available for Lease at $6.82/SF NNN

– Listed for Sale at $320,000

NEAL BOWMANSenior Broker 260 424 [email protected]

REBECCA WORRELLBroker 260 424 [email protected]

STEPHANIE PETRASBrokerage Marketing Assistant260 424 [email protected]

SturgesProperty.com 202 West Berry Street, Suite 500, Fort Wayne, IN 46802 260 424 8448

FOR SALE OR LEASERETAIL

Historic Downtown Wabash Retail/Office Building

53 E Market StreetWabash, Indiana 46992

Excellent Location

The property is highly visible on E. Market Street of downtown Wabash, IN and is surrounded by office, retail, and residential

lofts. Wabash is located west of Fort Wayne along US 24 - a major traffic corridor that runs east from the Illinois state line,

through NE Indiana, to Toledo, Ohio.








Unit Available - Contact Broker for Detailed Floor Plan

53 E Market St

Floor Plan: Not To Scale +/- 8,074 SF

S Huntington St

E M

arket St








Property Description

This property offers an owner/user an ideal location to become a part of the downtown Wabash redevelopment project that

includes retail, lofts, office & more. Currently operating as a Family Video, the property has been well maintained both inside

& out, features 10’ ceiling heights, updated HVAC, and has an open floor plan that can accommodate different retail / office

users. Wabash, IN recently won a $500,000 prize to revitalize its downtown and fuel small business – see Agent for more details.








© 2018 Sturges, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited.

Property Name

Address

City, State, Zip

County

Township

Parcel No.

2017 Tax/Payable 2018

Price

Terms

Lease Rate Utilities Tenant

Lease Type Lawn & Snow Landlord

Terms Property Taxes Tenant

Availablility Property Insurance Tenant

Maintenance & Repairs Landlord

Common Area Landlord

Total Building Area Roof & Structure Landlord

Total Available SF Janitorial Tenant

Max. Contiguous Available 7,920 RSF

Suites Available RSF Monthly Rate

53 E 7,920 SF $4,500.00 Site Acreage

Zoning & Description

Parking Description

Parking count/ratio

Traffic Count

Property Type Electric Supplier

Year Built Natural Gas Source

No. of Stories Water & Sewer Source

Construction Type

Roof

Heating

A/C

Sprinklered

ADA Compliant

Elevators

Signage

CONTACT US

Cash at Closing

$2,301.00

Neal Bowman

Senior Broker

260 424 8448

[email protected]

Rebecca Worrell

Broker

260 424 8448

[email protected]

No

Yes

$6.82/SF

NNN

3-5 Yr Lease

At Lease Execution

7,920 SF

7,920 RSF

BUILDING INFORMATIONFree Standing Bldg

1950

1

Wood / Metal Stud

Wood Joist / Standing Seam

Package System

Package System

N/A

Yes

Stephanie Petras

Brokerage Marketing Assistant

260 424 8448

[email protected]

SITE DATA

UTILITIES

ADDITIONAL INFORMATION

COMMERCIAL IMPROVED FOR SALE/LEASE

- Downtown Wabash Retail/Office Available

- Listed for Sale at $320,000; Available for Lease at $6.82/SF

NNN

- 7,920 SF recently remodeled for Family Video

- Strategic Proven Location with Great Visibility / Signage

Opportunities

- Ample Parking of 25 Spaces

RESPONSIBLE PARTIES

10,408 VPD

SALE INFORMATION

LEASE INFORMATION

AVAILABLE SUITES

0.42

SC

Surface

25 Spaces

Duke

NIPSCO

Wabash/IN & American Water Co.

Wabash Family Video

53 E Market Street

Wabash, IN, 46992

Wabash

$320,000

Noble

85-14-11-304-214.000-009

202 W. Berry Street, Suite 500

Fort Wayne, IN 46802

SturgesProperty.com

260 424 8448


RETAIL TEAM

Barry Sturges, CPM®CEO & Managing Director

[email protected]

As CEO and Managing Director, Barry is

responsible for managing the company’s

office. Barry is involved in all aspects of

the real estate spectrum, including new business development,

office, retail, and industrial brokerage, property and facility

management, and residential development.

John CaffrayVice President of Brokerage

[email protected]

John Caffray has over 15 years of

experience in the commercial real

estate industry. As the Vice President of

Brokerage, he is responsible for leading the brokerage teams

and assisting in leasing and sale efforts for specialty clients.

Andrew EckertBroker

[email protected]

Andrew Eckert joined the Sturges team

in 2018. He has previous experience

as a Realtor for a residential property

management and realty group. He currently lists office,

medical, retail, and industrial spaces for both lease and sale.

Angie DavisBrokerage Administrator

[email protected]

Angie Davis joined the Sturges team in

2000. As a licensed real estate broker

and a notary public, Angie provides key

administrative support to the team.

Brad SturgesPresident

[email protected]

As President of Sturges Property

Group, Brad’s role includes oversight

of financial, operational, marketing,

business development, and overall strategy. He also manages

the Brokerage Division and represents several private clients

for the acquisition and disposition of investment property.

Neal BowmanSenior Broker

[email protected]

Neal Bowman has been a commercial

real estate professional for over 16 years.

Neal is a member of the International

Council of Shopping Centers (ICSC) and a Certified

Commercial Investment Member (CCIM).

Rebecca WorrellBroker

[email protected]

Rebecca Worrell joined the Sturges

team in 2015. She specializes in sale and

leasing of retail, industrial, office space

and land. Rebecca is a member of the Indiana Commercial

Board of Realtors and the National Association of Realtors.

Stephanie PetrasBrokerage Marketing Assistant

[email protected]

Stephanie Petras joined the Sturges team

in 2018. As a licensed real estate broker,

Stephanie provides administrative,

marketing, and design support to the team.

The Sturges Property Group Retail Team prides itself on outstanding market knowledge and the ability to facilitate harmonious

Landlord/Tenant relationships. Our skilled Retail Team delivers guidance and consultation to tenants, landlords, investors, and

developers, providing a full range of services including advisory and transaction services, acquisition and disposition strategies,

and asset and property management.

featured property highlights · featured property highlights – downtown wabash retail / office...

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