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%

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 by the MLS. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor The Lynn Reecer Team shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.  

©2024 Indiana Regional MLS. All rights reserved.

Data last updated 12:40 AM UTC, 2/23/2024

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