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    533 W Washington Blvd Fort Wayne, IN 46802

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    For Sale
    $990,000

    Income-producing Airbnb with flexible access in downtown Fort Wayne.

    Property size:
    10,500 SF
    Lot size:
    0.17 Acres

    Property Features for 533 W Washington Blvd

    General Information

    Size
    10,500 SF
    Lot size
    0.17 Acres

    Source: Sturges Property Group Agent Shelby Wilson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Fort Wayne Airbnb Investment Opportunity

    This 10,500 square foot property is currently operating as a fully income-producing Airbnb, offering immediate revenue potential. It features six separate entrances providing flexible access and easy subdivision for multi-tenant or multi-use configurations. A commercial-grade kitchen includes walk-in prep areas and a dedicated Fulton Street entrance with an outdoor patio. Recent upgrades include five new HVAC units (since 2017), rebuilt chimneys, new soffits, and gutters. The building has a whole-building sprinkler system and fire alarm installed, meeting safety and code requirements. Twelve parking spaces ensure ample parking for tenants and guests. The property is located in Fort Wayne’s vibrant downtown dining district and is within walking distance of major entertainment, retail, and transit hubs.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Law Firm Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.1465108
    Latitude
    41.0759667

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    FAQs

    What type of property is this?
    Retail space - Income-producing Airbnb with flexible access in downtown Fort Wayne.
    Where is this retail space located?
    The property is located at 533 W Washington Blvd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $990,000.
    What are key features of this property?
    This property features: - Prime location in Fort Wayne's vibrant downtown dining district, walking distance to entertainment, retail, and transit.; - Currently operating as a fully income-producing Airbnb, offering immediate revenue potential.; - Six separate entrances provide flexible access and easy subdivision for multi-tenant or multi-use configurations.
    (260) 424-8448
    Request Owner's contact information
    533 W Washington Blvd Fort Wayne, IN 46802
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    Fort Wayne, IN 46802
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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
    533 W Washington Blvd Fort Wayne, IN 46802
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