Listing courtesy of Metzger Property Services, LLC · Listing agent: Chad Metzger · chad@metzgerauction.com

Virtual tour
ActiveMixed Use

2 W Market Street

Auction

Wabash, IN 46992

  • Auction
  • Basement
Bathrooms
3
Lot
0.07 ac
Year built
1876
Type
Mixed Use
Listed
October 7, 2026
MLS #
202641632

Open houses

About this home

Discover the possibilities offered by this substantial four-level commercial building Selling via Online Auction: Tues. Nov. 3rd at 6:30 pm. Positioned at the highly visible corner of Wabash Street and W. Market Street in downtown Wabash, the property enjoys a prominent downtown presence & a location that puts it in the heart of Wabash’s historic commercial district. With more than 11,000 square feet, a flexible floor plan, and distinctive historic details, the property offers an exciting opportunity for an entrepreneur, investor, or developer ready to bring a new vision to the space. The expansive main level provides generous finished commercial and entertainment areas with distinctive features that add character throughout, including an approximately 18' x 47' front room with large display windows, stage, vinyl flooring, and newer mini-split system. An adjoining 50' x 18' area features ceramic tile flooring, an expansive bar, and a unique sound-activated cloud ceiling. Additional main-floor spaces include a prep area, restrooms—including an ADA-compliant restroom—and a private office highlighted by a fireplace and original built-in cabinetry. The upper levels provide an intriguing opportunity to expand, repurpose, or reimagine the property. The finished second-floor loft offers additional gathering or flexible-use space, along with a kitchen and restroom. The third floor offers multiple rooms suitable for office, storage, or future redevelopment, while the unfinished fourth floor provides a blank canvas for a buyer with a vision for additional usable space. Whether envisioned as an entertainment destination, business headquarters, creative space, mixed-use concept, or something entirely new, the property is located within the Historic Riverfront District and offers a layout adaptable to a variety of potential future uses. Its combination of size, prominent corner exposure, downtown location, and historic character creates an opportunity to make an ambitious vision possible. This is more than a commercial building—it is a substantial downtown property with character, presence, and the flexibility to become something entirely new. Opportunities of this size and prominence in the heart of downtown Wabash are not easily replicated, making this an exciting opportunity for the buyer ready to bring the next vision to life! Guaranteed Sale after Minimum Opening Bid of $170,000!

Property details

Interior

Stories
4
Finished area above grade
11,220 sq ft
Basement
Partial
Flooring
Ceramic Tile
Heating
Electric, Gas, Forced Air
Cooling
Central Air, Multiple Cooling Units

Exterior & parking

Construction
Brick
Roof
Rubber
Parking
On Street
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.07 ac
Lot dimensions
41x77
Location type
City,Historic District
County
Wabash County
Township
Noble
Road frontage
City Street
Road surface
Paved
Platted
Yes
Planned unit development
No
Directions
Corner of Wabash St. and Market St.

Taxes & terms

Annual taxes
$5,091
Tax year
2026
Tax exemptions
No Exemptions
Tax abatement
No
Possession
Closing
Parcel number
85-14-11-304-158.000-009

Included in the sale

Included in sale
Building

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Water meters
4
Ceiling height
9

Auction

Auction starts
October 7, 2026
Auction ends
November 3, 2026
Auction time
6:30 pm
Auction location
Online: BidMetzger.com
Online auction
Yes

Location

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3 baths