Manchester Avenue, Wabash, IN 46992

Property Description

A total of 79.16 acres all zoned general business located withing the Wabash City limits. A new truck stop-convenience store on land recently split from this master tract will increase the traffic dramatically. Located at the intersection of US 24 and State Roads 13 and 15, this location has great exposure from two highways and is located in the fastest growing commercial area in the City of Wabash. Recent commercial growth in the area includes the new Wabash County jail, the new Ford Meter Box expansion in the business park, and new Bionutrients plant across SR 13. Historic traffic count per the Indiana Department of Transportation shows daily traffic around 10,000. That count is expected to increase considerably in the next 24 months with the completion of the above noted projects. Seller will divide the land as needed for a Buyer. The cost of the land is $80,000 per acre for the 18 acres fronting US 24. The remaining land is priced at $60,000 per acre.