Active
1407 S Calhoun Street
Fort Wayne IN, 46802
$795,000
$49.69 per sqft
Active
16,000 sqft
Commercial
Built in 1900
Courtesy of Impact Realty LLC, Santino Zurzolo,
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.
202339821
MLSⓇ ID
February 23, 2024
Updated
Map
1407 S Calhoun Street
Fort Wayne IN, 46802
Interior Features
Total Stories
21208
Interior Features
Drywall, Unfinished
Floor Description
Mixed, Vinyl Tile, Wood, Other, Vinyl
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Baseboard, Conventional, Forced Air, Multiple Heating Systems
Exterior/Building Features
Lot Size
0.48 Acres
Exterior Features
Brick, Concrete, Metal, Stucco, Asphalt, Wood
Roof
Flat
Sewer
City
School Information
School District
City
Elementary School
46802
Other Property Details
Area Name
Allen County
Taxes
$6,044
Tax Frequency
Annually
Days on Market
104
Garage
No
View
No
County
No
Municipality
Wayne
Pool
No
Zoning
Hamilton(s)
Buyer Agency Compensation
2%
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Data last updated 12:40 AM UTC, 2/23/2024