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Investment Highlights

  • Zoned C-3 allowing flexible retail and service applications.
  • Ample on-site parking and excellent regional connectivity.
  • Surrounded by national retailers and high daytime population.

Executive Summary

Two freestanding retail buildings are available for sale individually or as a portfolio in Warsaw, Indiana’s growing commercial corridor. Positioned along Lake City Highway with visibility to over 31,600 vehicles per day, both 62 and 82 Capital Drive capture prime exposure and excellent accessibility. These assets present a compelling investment opportunity with flexible usability, strong demographics, and modern infrastructure, including 200-amp electrical service and well-maintained systems.
62 Capital Drive spans 10,885 SF on 1.22 acres, while 82 Capital Drive offers 11,500 SF on 3.67 acres, both zoned C-3 for versatile commercial uses. With HVAC and roofing updates (13 years and 8 years, respectively), these properties combine operational readiness with minimal near-term capital requirements. Buyers can acquire the properties separately or as a strategic two-building purchase to maximize site control and operational synergies.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Day Care Center
Building Size
11,500 SF
Building Class
B
Year Built
2014
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
3.67 AC
Zoning
C-3 - Commercial
Parking
55 Spaces (4.78 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 11,500 SF
  • Retail
  • Outparcel
  • Now

82 Capital Drive provides 11,500 square feet of adaptable retail space situated on a generous 3.67-acre parcel in a thriving Warsaw commercial district. Zoned C-3 and offering modern infrastructure, including HVAC replaced about 8 years ago and an updated roof system, the property delivers dependable building systems optimized for immediate occupancy. Its position near Lake City Highway yields strong frontage and convenient connectivity, with traffic counts surpassing 31,600 vehicles per day. The surrounding area features multiple national brands, residential concentrations, and retail hubs, ensuring consistent consumer inflow. Tenants will benefit from ample surface parking, a flexible footprint conducive to retail operations, and proximity to major roadways including E Center Street, supporting both visibility and accessibility.

Space Size Space Use Position Available
1st Floor 11,500 SF Retail Outparcel Now

1st Floor

Size
11,500 SF
Space Use
Retail
Position
Outparcel
Available
Now

1st Floor

Size 11,500 SF
Space Use Retail
Position Outparcel
Available Now

82 Capital Drive provides 11,500 square feet of adaptable retail space situated on a generous 3.67-acre parcel in a thriving Warsaw commercial district. Zoned C-3 and offering modern infrastructure, including HVAC replaced about 8 years ago and an updated roof system, the property delivers dependable building systems optimized for immediate occupancy. Its position near Lake City Highway yields strong frontage and convenient connectivity, with traffic counts surpassing 31,600 vehicles per day. The surrounding area features multiple national brands, residential concentrations, and retail hubs, ensuring consistent consumer inflow. Tenants will benefit from ample surface parking, a flexible footprint conducive to retail operations, and proximity to major roadways including E Center Street, supporting both visibility and accessibility.

Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Applebee's
Bob Evans Restaurants
1st Source Bank
Planet Fitness
Workout Anytime
Starbucks
Martin's Super Market
Ruby Tuesday
Kroger
Northwest Bank

Property Taxes

Property Taxes

Parcel Number
43-11-10-300-089.000-032
Land Assessment
$657,055 CAD
Improvements Assessment
$1,462,001 CAD
Total Assessment
$2,119,056 CAD
  • Listing ID: 41076037

  • Date on Market: 2026-06-26

  • Last Updated:

  • Address: 82 Capital Dr, Warsaw, IN 46582

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