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46 W Canal

Wabash, IN 46992MLS# 202628133

Mixed Use

$299,000
Active
46 W Canal
About this home

Exceptional opportunity to own a well-established, turnkey business in the heart of beautiful downtown Wabash! The sale includes the thriving Pizza King restaurant and a spacious upper-level apartment that is currently being completely renovated. Renovations are expected to be completed by the end of the month, and the apartment photos reflect the current stage of construction. The restaurant is fully equipped and ready for continued operation, featuring two 60" Blodgett stone deck ovens, a Manitowoc ice maker, ThermoAir make station, 5' x 7' Hobart walk-in cooler, and a GE vertical deep freezer. The 17' x 30' dining area offers eight booths, five tables, digital menu boards, a fountain beverage station, and two large display windows that provide additional seating and excellent downtown views. Recent exterior improvements include a newly painted front facade, new Pizza King logo awning, and new burners, reflector plates, and thermocouples in both pizza ovens. Once complete, the upper-level apartment will offer outstanding owner-occupancy or rental potential with all-new heating and cooling, an electric water heater, PEX plumbing, fresh paint, brand-new cabinetry, and more. The spacious open-concept living area features soaring ceilings and a beautiful exposed brick accent wall, along with two bedrooms, two full baths, a flexible third room ideal for an office, bedroom, or storage room. Rear alley access with parking. Don't miss this opportunity to own a successful, established restaurant paired with a soon-to-be beautifully renovated apartment in downtown Wabash.

Property Features

Location Information
County:Wabash County
Area:Wabash County County
Township:Noble
Subdivision:None
Latitude:40.796186
Longitude:-85.821323
Directions:Cass st south through Wabash to Canal St continue to address, Downtown Wabash IN
Interior Features
Has Basement:Yes
Exterior Features
Has Waterfront:No
Lot Size in Acres:2,614 sqft
Additional Information
Property Type:Mixed Use
Year Built:1900
APN:85-14-11-304-237.000-009
Status:Active
Listing Office:Lundquist Appraisals & Real Estate
Listing Agent:John Lundquist
Key details
Status:Active
Year Built:1900
Lot Size:2,614 sqft
Type:Mixed Use
Schedule a TourCall / Text: 765-210-9275

IDX information provided by the Indiana Regional MLS.

Equal Housing Opportunity

IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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Listing attribution: Lundquist Appraisals & Real Estate • John Lundquist

The Key Team supports the principles of the Fair Housing Act and Equal Housing Opportunity.

© 2026 Indiana Regional MLS. All rights reserved.

Listing data is refreshed on a recurring schedule; individual listings include the latest MLS update timestamp available to this site.

To report an IDX data issue, please contact The Key Team at 765-210-9275 or through the site contact form.

Last updated: 2026-11-02T15:21:25.500Z

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The Hardie Group Real Estate Company

The Key Team is a team within The Hardie Group Real Estate Company. Licensed in Indiana.