1712 South Wayne Avenue, Auburn, IN 46706
Mixed Use - Auburn, IN
- Added:
- Jul 10, 2025
- Days on Market:
- 335
- Last Refresh:
- Jun 9 at 4:06 am
Property Features for 1712 South Wayne Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Mixed Use
- Bathrooms
- 1
- Rooms
- Bathroom 1
- Parking
- 17
- Parking features
- Off Street
- Interior features
- Block, Wood, Handicap Access, Overhead Door 1, Overhead Door 2, Compressed Air Lines, Office Space, Reception Area
- Exterior features
- Handicap Access, Overhead Door 1, Overhead Door 2, Compressed Air Lines, Office Space, Reception Area
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- APN
- 17-06-32-358-019.000-025
- Size
- 708 SF
- Lot size
- 0.88 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5328
Utilities
- Heating system
- Natural Gas
- Cooling system
- Central Air
Building Details
- Year built
- 1980
- Floors in Building
- 1
- Flooring type
- Concrete, Vinyl
- Building materials
- Block
- Roof type
- Metal, Rubber, Shingle
- Architectural style
- Other
Listing agent Richard Fletcher License #RB14043096 (260) 414-1937
Listing office North Eastern Group Realty 10808 LaCabreah Lane, Fort Wayne, IN (260) 489-7095
Listing date Jul 10, 2025
Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- High‑visibility location on 427/South Wayne Ave/Tonkel Rd near I‑69 exit 11A.
- Two buildings on .88 acre lot with over 4500 Sq Ft of Auto Bay space.
- 17 off‑street parking spaces with room for expansion.
- Overhead doors up to 16' height to accommodate large vehicles.
- Includes 708 Sq Ft finished storefront, office space, and reception area.
- Additional storage space: 1360 Sq Ft (2nd floor) + 3060 Sq Ft Warehouse + Lean‑To.
Overview
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $50.6k | $71.40 |
| − Vacancy | −$2.7k | −$3.85 |
| EGI | $47.8k | $67.55 |
| − OpEx | −$7.2k | −$10.13 |
| NOI | $40.7k | $57.42 |
Alternative Uses
Current Use by Public Records
Map
- City
- Auburn
- County
- DeKalb
- State
- Indiana
- Longitude
- -85.0585891
- Latitude
- 41.353499
