$795,000
Exceptional Downtown Investment Opportunity! Fort Wayne's rapid expansion presents a rare chance to be part of this thriving community. This income-generating property boasts a solid cap rate of 7%, with two of the three parcels currently leased. On one side, a spacious 4,500 sq ft bar and restaurant; next door, a substantial 10,000 sq ft industrial building awaits your vision for a versatile mixed-use development. Complete with two parking lots, and a mere 0.3 miles from Parkview Field and the Grand Wayne Center, this property is strategically positioned. Unlock boundless potential in the continuously flourishing Downtown District of Fort Wayne.
On Clinton heading south out of downtown turn right on Breckenridge, property is on the corner of Calhoun and Breckenridge.
MLS # | 202339821 |
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Date Listed | 2023-10-25 |
Status | Active |
Property Type | Commercial |
Property SubType | Mixed Use |
New Construction | No |
Type | Mixed Use |
Basement | Yes |
Annual Taxes | $6,044.31 |
Year Taxes Payable | 2023 |
Year Built | 1900 |
Virtual Tour | propertypanorama.com » |
Days on Market | 318 |
Den | 2 × 6000 | Level |
2nd Bedroom | 10000 × 5500 | Level |
3rd Bedroom | 6 × 1 | Level |
Construction | Mixed Use |
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Lot Size | 21,208 sq ft |
Acreage | 0.48 Acres |
Lot Dimensions | 150X150 |
Fence | None |
Area | Allen County |
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County | Allen |
Subdivision | Hamilton(s) |
Township | Wayne |
City | Fort Wayne |
State | IN |
Zip | 46802 |
Assoc. Dues | $0.00 |
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MLS# 202339821
IDX information provided by the Indiana Regional MLS.
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.
Listing Provided Courtesy of Santino Zurzolo
Impact Realty LLC
Listing updated August 1, 2024 at 2:15 pm
Last checked 9 minutes ago