C-2 Office and Retail
2710 E State Boulevard Fort Wayne, IN 46805
For Sale
$200,000
COMMERCIAL - Fort Wayne, IN
Property Size1,587 SF
Lot Size0.38 Acres
Price / SF$126.02
Days on Market337
Property Features for 2710 E State Boulevard
General Information
Property type
Commercial Sale
Property subtype
Office
Standard status
Active
APN
02-08-31-402-004.000-074
Lot size
0.38 Acres
Taxes and HOA fees
Tax Year
4049
Tax Description
Baldwin Heirs Add Lots 29 & 30 Ex N 7.5 Ft For St & 1/2 Vac Alley & 1/2 Vac St
Tax Annual Amount
5804
Utilities
Cooling system
Central Air
Building Details
Year built
1968
Flooring type
Laminate
Roof type
Rubber
Listing Agency:
Morken Real Estate Services, I
(260) 303-7777
Listed By:
Andrew Morken · License #RB21002439
(260) 417-7540
Added: Aug 26, 2025
Changed: Jul 6
Last Checked: Jul 28 at 11:06AM
MLS# 202534133
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.
Investment Insights
Based on property information with market context.
This C-2 commercial property is set up for office and retail-style operations with finished indoor space, storage, and climate control. The offering includes approximately 1,015 square feet of finished space with LVP flooring and fresh paint, plus an additional 572 square feet storage area located at the back of the building. The property also has gas forced air and central air, supporting year-round comfort. A large parking lot serves customer and staff needs, and the site totals about 0.38 acres.
The building is located in a high-traffic, high-visibility area off E State Blvd near Parkview Randallia Hospital, providing strong day-to-day exposure. The site offers approximately 110 feet of road frontage on E State Blvd.
Previously used as a bank and office, the property’s layout and improvements may fit a range of businesses looking for a C-2 location with ready-to-occupy finished space and additional back storage. Whether you’re planning a service-oriented office use or another compliant C-2 business application, the combination of HVAC, parking, and road frontage supports practical day-to-day operations.
The building is located in a high-traffic, high-visibility area off E State Blvd near Parkview Randallia Hospital, providing strong day-to-day exposure. The site offers approximately 110 feet of road frontage on E State Blvd.
Previously used as a bank and office, the property’s layout and improvements may fit a range of businesses looking for a C-2 location with ready-to-occupy finished space and additional back storage. Whether you’re planning a service-oriented office use or another compliant C-2 business application, the combination of HVAC, parking, and road frontage supports practical day-to-day operations.
Key Highlights
- C‑2 commercial property off E State Blvd near Parkview Randallia Hospital with 110 ft of road frontage
- 1015 SF finished space plus 572 SF storage area at the rear
- Central air and gas forced‑air heating; cooling provided by central air
Financial Insights For Office B
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 | $27.0k | $17.04 |
| − Vacancy | −$3.7k | −$2.33 |
| EGI | $23.3k | $14.71 |
| − OpEx | −$5.8k | −$3.68 |
| NOI | $17.5k | $11.03 |
1,587 SF · lease $17.04/SF/yr · vacancy 13.66% · expense 25.00%
Alternative Uses
Best Use
Office B
$250.2K
$218.9K – $291.9K
NOI $17,511 @ 7.0% cap · market cap 8.76%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$1.33M
$1.16M – $1.55M
NOI $92,802 @ 7.0% cap · market cap 46.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - C-2 property with frontage on E State Blvd, featuring finished office space, storage, and central HVAC for flexible business use.
Where is this office building located?
The property is located at 2710 E State Boulevard Fort Wayne, IN.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: C‑2 commercial property off E State Blvd near Parkview Randallia Hospital with 110 ft of road frontage; 1015 SF finished space plus 572 SF storage area at the rear; Central air and gas forced‑air heating; cooling provided by central air
