Office Condo Zoned
For Sale
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10534-10536 Coldwater Rd, Fort Wayne, IN 46845
2,784 SF office condo built in 2000, zoned C1 for professional office and personal services.
Property Size2,784 SF
Price / SF$143.32
Days on Market334
Property Features for 10534-10536 Coldwater Rd
General Information
Standard status
Active
Size
2,784 SF
Property subtype
OFFICE
Zoning
C1
Additional Details
Office Units
1
Building Details
Year Built
2000
Listing Agency:
Bradley Company | Fort Wayne
(260) 241-6892
Listed By:
Conner Call · License #23002351
(260) 241-6892
Source:
Moodyscre
Added: Sep 2, 2025
Changed: Jul 30
Last Checked: Jul 31 at 6:10AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bradley Company | Fort Wayne
Investment Insights
Based on property information with market context.
This 2,784 SF office condo was built in 2000 and is zoned C1 for professional office and personal services. The space may be configured as a single-tenant or multi-tenant office setup, making it suitable for an owner-user or investment approach.
The property is located at 10534-10536 Coldwater Rd in Fort Wayne, IN 46845. It sits in an area surrounded by higher-end residential neighborhoods and near the Parkview Hospital and Dupont Hospital campuses. Nearby businesses include 1st Source Bank, Kroger Marketplace, Wendy’s, Do-It-Best, CVS, PNC, and Walgreens.
For tenants or buyers seeking a C1-zoned office condo in a well-established commercial corridor near major healthcare campuses, this property offers a straightforward starting point with flexible tenanting potential.
The property is located at 10534-10536 Coldwater Rd in Fort Wayne, IN 46845. It sits in an area surrounded by higher-end residential neighborhoods and near the Parkview Hospital and Dupont Hospital campuses. Nearby businesses include 1st Source Bank, Kroger Marketplace, Wendy’s, Do-It-Best, CVS, PNC, and Walgreens.
For tenants or buyers seeking a C1-zoned office condo in a well-established commercial corridor near major healthcare campuses, this property offers a straightforward starting point with flexible tenanting potential.
Key Highlights
- 2,784 SF office condo built in 2000
- Zoned C1 for professional office and personal services
- Single‑tenant or multi‑tenant possibilities
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 | $47.4k | $17.04 |
| − Vacancy | −$6.5k | −$2.33 |
| EGI | $41.0k | $14.71 |
| − OpEx | −$10.2k | −$3.68 |
| NOI | $30.7k | $11.03 |
2,784 SF · lease $17.04/SF/yr · vacancy 13.66% · expense 25.00%
Alternative Uses
Best Use
Office B
$438.8K
$384.0K – $512.0K
NOI $30,719 @ 7.0% cap · market cap 7.70%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$2.33M
$2.03M – $2.71M
NOI $162,799 @ 7.0% cap · market cap 40.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
Explore this area
Business Placement
Demographics for 46845, IN
28,380
Population
10,709
Households
2.7
Avg Household Size
39
Median Age
53%
College-Educated
98%
High-School Grad
22.9 sq mi
ZIP Area
1,239
Density / Sq Mi
$115,690
Median Household Income
$59,690
Median Earnings
$1,398
Median Rent
$314,000
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - 2,784 SF office condo built in 2000, zoned C1 for professional office and personal services.
Where is this office units located?
The property is located at 10534-10536 Coldwater Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 2,784 SF office condo built in 2000; Zoned C1 for professional office and personal services; Single‑tenant or multi‑tenant possibilities
