46 W Canal
Wabash, IN, 46992 $ 329,900
Bedrooms-- Baths2.0 Sq 5,472 Monthly Estimate*
$ 2,083
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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FeaturesGeneralHeating 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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ExteriorRoad 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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InteriorFlooring Mixed
Basement/Foundation Full Basement Unfinished
Walls Drywall
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* Excluded FeaturesList ByJohn LundquistListing Agent
Lundquist Appraisals & Real EstateBroker
john@lundquistrealestate.comEmail
Affordability Calculator
- 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.
Learn more about how to save NearbyCommerical listings in Wabash, IN
Average List Price $443,613
Percent of Sale Price 34%
About Wabash, IN 10,670 Population
-10% Since 2002
$ 43,002 Median Income
41.21 Median Age
23% Households with Children
Trends Information provided by ATTOM Data Solutions.
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/14/2026 | $329,900 | | Listed Price |