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Office-to-Residential Conversion Building
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3901 S Wayne Ave, Fort Wayne, IN 46807

Surface parking sits adjacent to the building and the property has frontage on a major boulevard.

Property SizeContact for details
Days on Market121

Property Features for 3901 S Wayne Ave

General Information

Standard status Active
Property subtype Multifamily, Office, Special Purpose
Listing Agency: North Eastern Group Realty
Listed By: Greg Conkling · License #RB14050381
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 20 at 10:26PM

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 North Eastern Group Realty

Investment Insights

Based on property information with market context.

This property offers multiple income streams and is positioned as a strong option for office use, with the ability to convert to residential rental. The configuration is supported by on-site surface parking adjacent to the building.

The building is described as having excellent visibility and is close to downtown Fort Wayne, with quick access to the airport. It also features frontage on Rudisill Blvd, supporting practical accessibility for a range of potential uses.

Additional property is available to the south, which may provide flexibility for buyers or investors looking to expand beyond the primary site.

Key Highlights

  • Frontage on Rudisill Blvd with surface parking adjacent to the building
  • Close to downtown Fort Wayne
  • Multiple income streams, with options for office use or conversion to residential rental

Property Analytics

Current Use

New Jerusalem COC ... Food Bank Russell's Paradise Karate ... Food Bank

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Food Market Grocery & Convenience Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby

Demographics for 46807, IN

16,489
Population
7,182
Households
2.3
Avg Household Size
33
Median Age
30%
College-Educated
90%
High-School Grad
3.2 sq mi
ZIP Area
5,153
Density / Sq Mi
$56,341
Median Household Income
$37,026
Median Earnings
$970
Median Rent
$133,500
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Surface parking sits adjacent to the building and the property has frontage on a major boulevard.
Where is this multifamily property located?
The property is located at 3901 S Wayne Ave Fort Wayne, IN.
What are key features of this property?
This property features: Frontage on Rudisill Blvd with surface parking adjacent to the building; Close to downtown Fort Wayne; Multiple income streams, with options for office use or conversion to residential rental
More about this property
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