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    304 Wayne St Fremont, IN 46737

    For Sale
    $157,900

    Three Buildings, Endless Potential, Corner Lot

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property at 304 S Wayne Street, Fremont, Indiana, presents a unique investment opportunity. Situated on a prominent corner lot (0.4 acres) directly across from a Dollar General, this location ensures high visibility and significant foot traffic. The property comprises three separate buildings, offering a multitude of uses and potential rental income streams. The main building features three distinct entrances, allowing for flexible division into individual rental spaces for various businesses. Its adaptable layout could accommodate a diverse range of tenants. The building also includes an air-conditioned office area. A large barn offers substantial storage potential, ideal for boats, cars, RVs, or inventory. Alternatively, the entire complex could be utilized for a single, large-scale operation. Consider the possibilities: a local brewery, a unique restaurant, or a multi-tenant commercial center. The third building, a standalone structure, provides an additional space perfectly suited for a separate business venture. The property boasts a newly constructed 16' x 12' overhead door on the main building's Wayne Street frontage, with a second overhead door creating a potential drive-through capability. This versatile property is priced at $157,900 and offers an exceptional chance to capitalize on its prime location and adaptable spaces. The possibilities are limited only by your imagination.

    Property Features for 304 Wayne St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    17,424 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fremont
    County
    Steuben
    State
    Indiana
    Longitude
    -84.93315
    Latitude
    41.72848

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    FAQs

    What type of property is this?
    Commercial real estate - Three Buildings, Endless Potential, Corner Lot
    Where is this commercial real estate located?
    The property is located at 304 Wayne St Fremont, IN.
    What is the asking price?
    The asking price for this property is $157,900.
    (260) 665-2414
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    304 Wayne St Fremont, IN 46737
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    304 Wayne St Fremont, IN 46737
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