7405/7409 Wayne Trce - Retail FOR SALE


Fort Wayne, IN 46816- South Fort Wayne
$789,900 USD
317-448-8852
7405/7409 Wayne Trce, Fort Wayne, IN for Sale
$789,900 USD
Retail - FOR SALE
1/20
null | Request Cap Rate

7405/7409 Wayne Trce
Fort Wayne, IN 46816
South Fort Wayne


HIGHLIGHTS

  • 2,947 SF Restaurant/Bar – Income Producing
  • 2,736 SF Residential Home – 4 Bedroom, 1 bath, 1 Half bath
  • Strong Value-Add Opportunity
  • Positioned in High-Growth Southeast Fort Wayne Corridor

OVERVIEW

Unique opportunity to acquire a 1.27-acre C2 zoned property featuring both a 2,947 SF restaurant/bar and a 2,736 SF, 4-bedroom residential home, all positioned at 7405/7409 Wayne Trace in Fort Wayne, Indiana. The commercial building operates as an income-producing bar/restaurant, while the residential home offers additional rental income or owner-occupant flexibility. The home has received recent updates including renovated kitchen and bathrooms, and both the house and bar feature new roofs, reducing near-term capital expenses. Strategically located next to the new Google Data Center, this property is ideally positioned to benefit from continued area growth, increased employment density, and long-term appreciation. Zoned C2, the site allows for a wide range of commercial uses, offering investors future redevelopment potential or owner/users the ability to operate their business while generating supplemental income from the residence. This is a rare mixed-use opportunity combining stable income, with some updates already completed/ room for value add, and strong upside potential in a rapidly expanding corridor.

FOR SALE DETAILS

PRICE

$789,900 USD

PRICE/SF

$268 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Restaurant/Bar with 4-Bedroom Home Adjacent

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C2

APN/PARCEL ID

02-13-33-102-001.000-039

ASK ABOUT THIS PROPERTY

Jacob WagnerColdwell Banker Commercial Real Estate GroupMore Info
317-448-8852

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Jacob WagnerColdwell Banker Commercial Real Estate GroupMore Info
317-448-8852

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.