Warsaw, IN
Commercial Real Estate Market Trends & Data

Warsaw's Demographic Profile

Warsaw has 6,280 households and a median income of $54,000, providing context for rent absorption and tenant demand across retail and multifamily assets. A 0% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 15,567
# Households 6,280
Median age 37
Median household income $54,000
Avg household size 2.0
Renter-occupied housing units 2,433
5-year population change 0%

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Warsaw $110 9,237 SF 8.37%
Winona Lake $111 13,007 SF 8.37%
Nearby Retail Markets Avg Cost/SF Typical Size
Warsaw $97 12,132 SF
Akron $86 1,156 SF
Columbia City $161 11,370 SF
Albion $144 3,752 SF
Goshen $109 3,626 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Bremen $97 9,335 SF 9.00%
Plymouth $149 50,510 SF 7.08%
Elkhart $108 365,412 SF 6.63%
Mishawaka $672 7,800 SF 5.25%

Commercial Properties For Sale in Warsaw

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Dutch Bro's

Warsaw, IN 46580

  • 986 SF Retail Building
  • 5.60% Cap Rate
  • $2,940,000
For Sale

Lake City Lockers

Warsaw, IN 46582

  • 36,900 SF Specialty
  • 10.00% Cap Rate
  • $3,200,000
For Sale

Popeyes | New 20-Yr Abs NNN | Warsaw, IN

Warsaw, IN 46580

  • 1,958 SF Retail Building
  • 6.15% Cap Rate
  • $2,601,626
For Sale

1422 E Center St

Warsaw, IN 46580

  • 2,544 SF Retail Building
  • $230,000
For Sale

COMMERCE DR, WARSAW, IN 46580

Warsaw, IN 46580

  • 2.45 AC Lot
  • 1 Commercial Lot
  • $265,000
For Sale

832 E Center St

Warsaw, IN 46580

  • 17,508 SF Specialty
  • $1,475,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

Nearby Commercial Markets

Comparing nearby markets helps investors see whether Warsaw pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Warsaw $439 15,120 SF
Winona Lake $2,135 6,997 SF
Pierceton $56 21,806 SF
North Webster $88 4,500 SF

Regional Demographic Comparison

This comparison places Warsaw alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Warsaw or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Leesburg 421 155 40 $69,999 3 21 -7%
Pierceton 852 353 39 $49,317 2 87 -5%
North Webster 760 332 44 $55,961 2 74 -2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Warsaw, IN and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Warsaw

View All Commercial Real Estate For Sale in Warsaw
Is Warsaw a good market for a first-time commercial real estate investor?

Warsaw offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Warsaw?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Warsaw. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Warsaw?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Warsaw. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Warsaw compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Warsaw. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Warsaw acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Warsaw, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.