314 E Market Street
Warsaw, IN, 46580 $ 790,000
Bedrooms-- Baths2.0 Sq 32,684 Monthly Estimate*
$ 4,988
for $790,000 with 2 full baths. This 32,684 square foot building was built in 1880 on a lot size of 0.85.
Step into a rare opportunity to shape the next chapter of one of downtown Warsaws most substantial commercial properties. Located at 314 E. Market Street, this impressive two-story building offers approximately 32,684 square feet on roughly 0.85 acre. Public property information identifies the site as C-4 Commercial Core zoning, providing a compelling setting for an owner-user, investor, developer, or organization seeking significant space in the heart of Warsaw. The property carries a rich connection to Warsaws past. Public property data dates the structure to approximately 1880, while local historical reporting describes the building as originally constructed for school use. In 1976, Schraders Auto Parts moved its operations to this location, beginning a decades-long commercial chapter that would later include businesses associated with Hoffman Bros., Fisher Auto Parts, and J.P. Machine Shop. Its history reflects generations of education, commerce, craftsmanship, and service within the Warsaw community. With more than 30,000 square feet spread across two levels, the property offers an exceptional canvas for adaptive reuse. Potential concepts could include a destination retail or showroom space, professional offices, creative studios, an event or entertainment venue, boutique hospitality, community or educational facilities, mixed-use redevelopment, loft-style upper-level space, or an owner-user headquarters with warehouse and service areas. All proposed uses are subject to inspections, zoning confirmation, municipal approvals, and the buyers due diligence. Positioned within downtown Warsaw, the property is near the courthouse square, locally owned restaurants and shops, government offices, public parking, and the community events that continue to bring activity into the city center. Main Street Warsaws long-term vision describes downtown as the communitys civic, cultural, and commercial front doora place to live, work, play, visit, and invest. Historic character. Exceptional scale. A prominent downtown address with room for a bold vision. Whether preserved, repurposed, or completely transformed, 314 E. Market Street is ready for its next chapter.
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FeaturesGeneralHeating Gas Hot Water
Cooling Central Air
Ceiling Height 14
Roof Asphalt
Parking Yes Off-Street Street
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 2
Year Built 1880
New Construction No
Subdivision Knott(s)
Stories Count 2
Township Wayne
Class COMMERCIAL
Type Mixed Use
Age 146
Special Features 440 Volts Freight Elevator
REO No
Status Detail 0
Area Kosciusko County
City Warsaw
Legal Description 4-43-511.A LOTS 171 THRU 174 KNOTT'S ADD
Virtual Tour https://www.zillow.com/view-imx/678dc591-9620-41d8-84f6-b7304b870824?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Agent First Name Geoff
Agent Last Name Cavender
DOM 0
Tax Year 2026
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ExteriorRoad Surface Asphalt
Road Access City
Exterior Brick Stucco
Lot Size Area 37026
Lot Dimensions 280 x 130
Parking Type Off Street and On street
Waterfront Y/N No
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InteriorFlooring Carpet Concrete
Basement/Foundation Partial Basement
Walls Block Drywall
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* Excluded FeaturesList ByGeoff CavenderListing Agent
geoff@thecavenderteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $4,988
- Monthly Property Taxes
- $937
- 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 Warsaw, IN
Average List Price $553,830
Percent of Sale Price 30%
About Warsaw, IN 15,552 Population
14% Since 2002
$ 50,093 Median Income
37.29 Median Age
31% 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 |
|---|
| 8/7/2026 | $790,000 | | Listed Price |