314 E Market Street, Warsaw, IN 46580
sale
$790,000
|
Other
Courtesy Of eXp Realty, LLC
Step into a rare opportunity to shape the next chapter of one of downtown Warsaw's 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 Warsaw's 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, Schrader's 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 buyer's 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 Warsaw's long-term vision describes downtown as the community's civic, cultural, and commercial front door-a 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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Property Features
- Age: Over 50 Years Old
- Cooling System: Central Air
- Floor Covering: Concrete
- Floor Covering: Carpet
- Legal Description: 4-43-511.A LOTS 171 THRU 174 KNOTT'S ADD
- MLSID: 202632194
- Roof Type: Asphalt
- Rooms: Basement
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