178 S Wabash St
Wabash, IN 46992
Retail Property For Sale

Exceptional commercial opportunity in a prime downtown location! Situated prominently on the corner of Wabash Street and West Market Street, this attractive historic building offers over 11,000 square feet of space across four levels and is ready for its next chapter. Previously operated as a bar, the property features finished space on the main and second floors with numerous possibilities for future business use. The main level includes an impressive 18' x 47' entertainment room with display windows, vinyl flooring, a stage, and a newer mini-split system. Behind the stage is access to the basement and an ADA-compliant 7' x 9' restroom. Adjacent to the entertainment space is a spacious 50' x 18' bar area featuring ceramic tile flooring, a large bar, and a unique sound-activated cloud ceiling. Also on the main level are a 20' x 5' prep room with ceramic tile flooring, a 5' x 9' restroom, and a 14' x 18'private office complete with a fireplace and original built-in cabinetry that enhance the building's historic character. The second-floor loft area measures approximately 49' x 18' and also features the sound-activated cloud ceiling, a 7' x 5' restroom, and a 13' x 19' kitchen. Access from the kitchen leads to the upper levels. The third floor offers multiple rooms that could be utilized as storage or office space, while the fourth floor is currently unfinished and ready for renovation, providing excellent potential for additional usable square footage. For entrepreneurs interested in reopening the property as a bar, the building is located within the Historic Riverfront District, where a liquor license is readily available for approximately $1,000/per year. The previous bar layout was approved for an occupancy capacity of 73. With its highly visible corner location, historic character, expansive floor plan, and flexible layout, this property presents an exceptional opportunity in the heart of downtown Wabash.