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Historic Theatre Flex Space
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1441 North Wells Street, Fort Wayne, IN 46808

Property combines office space with a clear-span warehouse and rear parking and outdoor storage.

Space Size4,960 SF
Days on Market1195

Property Features for 1441 North Wells Street

General Information

Standard status Active
Size 4,960 SF
Net Rentable 4,960 SF
Property subtype INDUSTRIAL

Space & Availability

Available Space 4,960 SF
Contiguous Space 4,960 SF
Space Use Flex

Site & Location

Road Access Yes
Outdoor Storage Yes

Warehouse & Industrial

Clear Span Yes
Warehouse Space 3,087 SF
Office Build-Out 1,873 SF
Drive-In Doors 1

Amenities

outdoor storage

Building Details

Buildings 1
Building Size 4,960 SF

Spaces For Lease

at 1441 North Wells Street
1441 Wells St $2,500/Mo
Floor Bldg
Size 4,960 SF
Type INDUSTRIAL
Availability AVAILABLE, Now
Sublease No
- Warehouse/Office space for sale or lease in the Wells Street Corridor, at the corner of 4th and Wells. - This historic building, which was originally a theatre, contains 1,873 SF of office space and 3,087 SF of warehouse space. - The warehouse features a clear-span space, 12’ x 10’ foot overhead door off of 4th St, and parking and outdoor storage is available to the tenant in the rear of the building. - This building is highly visible on Wells Street has 15,000 vehicles passing the property per day. - It is ideally located 0.5 miles north of Downtown Fort Wayne, just few steps from the new riverfront development and future River North mixed-use project. - Ideal space for a music hall, entertainment venue, corner pub, billiard room, gaming lounge, arcade, art gallery, glass-blowing or wood-working showroom, or creative workspace.
Contact us
Listing Agency: Sturges Property Group
Listed By: Ian Smith · License #RB24001137
Source: Moodyscre
Added: Jul 10, 2023 Changed: Oct 13 Last Checked: Oct 14 at 8:21PM

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 Sturges Property Group

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Investment Insights

Based on property information with market context.

This Fort Wayne property combines 1,873 SF of office area with 3,087 SF of warehouse space in a historic building originally constructed as a theatre. The warehouse offers a clear-span layout and includes a 12’ x 10’ overhead door accessed from 4th Street. Rear parking and outdoor storage are available for the tenant.

Positioned at the corner of 4th and Wells in the Wells Street Corridor, the building records approximately 15,000 vehicles passing daily. It is located 0.5 miles north of Downtown Fort Wayne, near the new riverfront development and future River North mixed-use project. The existing configuration and character are identified as suitable for uses including a music hall, entertainment venue, corner pub, billiard room, gaming lounge, arcade, art gallery, glass-blowing or wood-working showroom, and creative workspace.

Key Highlights

  • 4,960 SF total, including 1,873 SF of office space and 3,087 SF of warehouse space
  • Clear‑span warehouse with a 12’ x 10’ overhead door off 4th St
  • Rear parking and outdoor storage available to the tenant

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Veterinary Clinic Butcher Florist

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

Lease Details

1
Drive-in doors
Yes
Paved road access
NNN (Triple Net)
Lease Type
$0.91 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

953
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46808, IN

19,894
Population
9,298
Households
2.1
Avg Household Size
35
Median Age
19%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
1,877
Density / Sq Mi
$53,632
Median Household Income
$35,123
Median Earnings
$939
Median Rent
$127,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Fort Wayne, IN

$9.16 /SF/Yr
Avg Asking Price
$5.5–$13 /SF/Yr
Price Range
6,465 SF
Avg Space Size

This space is priced 34% below the average of $9.16 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Flex space - Property combines office space with a clear-span warehouse and rear parking and outdoor storage.
Where is this flex space located?
The property is located at 1441 North Wells Street Fort Wayne, IN.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: 4,960 SF total, including 1,873 SF of office space and 3,087 SF of warehouse space; Clear‑span warehouse with a 12’ x 10’ overhead door off 4th St; Rear parking and outdoor storage available to the tenant
(260) 424-8448 Call to check price and availability
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