46 W Canal Wabash, IN $ 329,900
46 W Canal
$ 329,900
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46 W Canal

Wabash, IN, 46992
$ 329,900
Bedrooms-- Baths2.0 Sq 5,472

Monthly Estimate*

$ 2,083

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Commercial Property for sale in Wabash, IN

for $329,900 with 2 full baths. This 5,472 square foot building was built in 1900 on a lot size of 0.06.

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.

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Commercial Active

Price

$ 329,900

Full Bath

2

Property Type

Commercial

Taxes

$ 3,492

Style

Mixed Use

Lot Size

0.06

Year Built

1900

Town/City

Wabash

County/Region

Wabash

MLS | Web ID

202628133

Features
General
Heating Gas Forced Air
Cooling Central Air
Ceiling Height 0
Roof Rolled
Parking Yes Gravel Private Public Street
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 2
Year Built 1900
New Construction No
Subdivision None
Stories Count 2
Township Noble
Class COMMERCIAL
Present Use Bus. Included w/Property
Type Mixed Use
Age 126
Business Name Pizza King
Special Features Alley Basement Display Window(s) Refrigeration/Freezer
REO No
Status Detail 0
Area Wabash County
Location City
City Wabash
Legal Description OP W 18 1/2' LOT 31
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202628133
Agent First Name John
Agent Last Name Lundquist
DOM 1
Tax Year 2025 Payable 2026
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Exterior
Road Access City
Exterior Brick
Number of Parking Spaces 2
Lot Size Area 2614
Lot Dimensions 19 x 132
Parking Type street
Fence None
Water Features None
Waterfront Y/N No
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Interior
Flooring Mixed
Basement/Foundation Full Basement Unfinished
Walls Drywall
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* Excluded Features
List By
John Lundquist

Listing Agent

Lundquist Appraisals & Real Estate

Broker

john@lundquistrealestate.com

Email

Affordability Calculator

$2,374
Per Month
88%
12%
0%
Monthly Principal & Interest
$2,083
Monthly Property Taxes
$291
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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.
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Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/14/2026$329,900 Listed Price

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46 W Canal, Wabash, IN, 46992 is a Commercial Property for sale at $329,900 with 5,472 sqft and a lot size of 0.06. 46 W Canal has 2.0 baths and was built in 1900. The property's zip code is 46992 which is in Wabash, IN