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2902 E Dupont Rd Fort Wayne, IN 46825

Sponsored
For Sale
$6,100,000

76-room hotel, prime Fort Wayne location.

Property size:
44,407 SF

Description

Added:
Jan 28, 2025
Days on Market:
344
This exceptional investment opportunity presents a 76-unit, three-story, interior corridor Best Western hotel located at 2902 E Dupont Rd, Fort Wayne, IN 46825. The property boasts an indoor pool, fitness center, and breakfast area, offering guests a comfortable and convenient stay. Situated in a thriving area of Fort Wayne, this hotel benefits from proximity to Glenbrook Square, the largest shopping destination in Northeast Indiana, providing ample dining and entertainment options. The hotel's location also offers easy access to major roadways and a vibrant commercial district. Significant capital expenditures totaling $1,200,000 have been completed by the seller to convert the property to a Best Western, minimizing potential future improvements needed by a new owner. The hotel's strong performance is evident in its 2023 room revenue of $1,467,628 and trailing twelve-month (TTM) room revenue (September 2024) of $1,417,260. This well-appointed hotel, with its 44,407 square feet, presents a compelling investment opportunity in a growing market with a population of 267,927, making it the second largest city in Indiana. The property is offered at $6,100,000. This represents a significant opportunity for hospitality investors seeking a well-established and profitable asset in a desirable location.

Property Features for 2902 E Dupont Rd

General Information

Property type
Hotels
Square Feet
44,407 SF
Price / Square Foot
$137
Elevators
N/A

Building Details

Year Built
2000
Buildings
1
Stories
3
Units
76

HighLights

  • 76‑room Best Western hotel in Fort Wayne, IN, offering significant investment potential.
  • Property features an indoor pool, fitness center, and breakfast area, enhancing guest experience.
  • Located near Glenbrook Square and major roadways, providing convenient access and high visibility.
Location Intelligence

Current Use by Public Records

Best Western Fort ... Hotel

Suggested Use

Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Fort Wayne
State
Indiana
Longitude
-85.105375
Latitude
41.177739

FAQs

What type of property is this?
Hotel - 76-room hotel, prime Fort Wayne location.
Where is this hotel located?
The property is located at 2902 E Dupont Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $6,100,000.
What are key features of this property?
This property features: 76-room Best Western hotel in Fort Wayne, IN, offering significant investment potential.; Property features an indoor pool, fitness center, and breakfast area, enhancing guest experience.; Located near Glenbrook Square and major roadways, providing convenient access and high visibility.
More about this property
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