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1407 S Calhoun Street

Fort Wayne, IN 46802
  • $795,000
  • STATUS: Active
  • ON SITE: 264 Days
  • MLS #: 202339821
UPDATED: 99 min ago
$795,000
  • 0
    BEDS
  • 0.48
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,000
    SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Listing provided by Santino Zurzolo of Impact Realty LLC: .

Description

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.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2024-07-21T13:29:16.45.

www.movingwithteammelton.com/homes/144833708
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1407 S Calhoun Street Fort Wayne, IN 46802

  • Price: $795,000
  • Status: Active
  • On Site: 264 Days
  • Updated: 99 min ago
  • MLS #: 202339821
0
Beds
0
Baths
0
½ Baths
0.48
Acres
16,000
SQFT
$50
$/SQFT
1900
Built
Neighborhood:
Hamilton(S)
County:
Allen
Area:
Allen
Property Description
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.
Exterior Features

Construction Type1 Wood / Steel / Brick Exterior BrickConcreteMetalStuccoAsphaltWood Fence None Fire Doors YN Yes Location CommercialOther Lot Dimensions 150X150 Parking LotPavedPrivatePublicStreet Parking Spaces 30 Parking Type Lot Parking YN Yes Road Access City Roof Material Flat Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

Interior Features

Basement Foundation Partial Basement Basement YN Yes Bldg1 Above Grd Sq Ft 6000 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 4500 Bldg2 Above Grd Sq Ft 10000 Bldg2 Below Grd Sq Ft 5500 Ceiling Height 20ft Column Spacing open Cooling Central Air Flooring MixedVinyl TileWoodOtherVinyl Heating Fuel BaseboardConventionalForced AirMultiple Heating Systems Interior Height 10ft Interior Walls DrywallUnfinished Internal Rooms KitchenManufactureOfficeStorageWarehouseWorkroom Special Features 440 VoltsThree PhaseBasementConveyorDelivery DoorOffice SpacePublic RestroomsReception AreaCable Total Restrooms 6

Property Features

Annual Taxes 6044.31 Auction YN No Buildings 2 Burglar Alarm YN Yes Currently Leased YN Yes Documents Available Legal DescriptionSellers Disclosure Electric Company AEP/I&M Enterprise Zone No Equipment YN No Fire Protection CityHydrant For Sale Or Rent For Sale Gas Company NIPSCO Ingress Egress Concrete Inside City Limits Yes Known Soil Other Contaminants YN No Known Underground Storage Tanks YN No Lease Available YN No Lease Term Remaining month to month New Construction No Owner Real Estate License YN Yes Planned Unit Dev YN No Platted YN Yes Present Use BarIndustrial WarehouseMeeting HallOffice/ShowroomRestaurantVacantWarehouse Property Sub Type Mixed Use Property Use Investment PropertyVacant-Best for Owner/Usr Reo YN No Sale Includes BuildingLand Sewer City Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Wayne Water Company Fort Wayne City Utilities Water Heater YN Yes Water Softener YN Yes Water Utility City Year Taxes Payable 2023 Zoning Description Downtown Corridor

Listing provided by Santino Zurzolo of Impact Realty LLC: .

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2024-07-21T13:29:16.45.

 
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8711 W Highway 66
Newburgh IN, 47630
Listing provided by Santino Zurzolo of Impact Realty LLC: .