Located in the heart of the highly sought-after Wells Street Corridor, this newly-renovated multi-use building presents a compelling investment opportunity. The ground floor, spanning addresses 1643- 1645, is fully leased to a photography studio and an espresso machine repair. On the second floor, 1641 Wells Street offers a spacious 2,087 SF apartment in dark shell condition, providing a blank canvas for custom residential or office build-out. Heating is supplied by a boiler system, with cooling via a window AC unit.
The Wells Street Corridor is a vibrant area known for its good mix of local businesses, residential spaces, and industrial zones. Close to downtown, it boasts a diverse demographic and serves as a hub for many small businesses, art galleries, and eateries. The area is easily accessible with traffic counts of over 15,000 vehicles per day, and it’s near the University of Saint Francis and Fort Wayne Children’s Zoo. The corridor continues to see immense growth, making it an essential part of Fort Wayne’s economic and cultural landscape.
The available property is just outside the boundary of the recently announced North River Development, a $500 million project featuring the North River Fieldhouse.