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Corner Retail Space with Garage Bays
For Lease
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1502 W Main Street, Fort Wayne, IN 46808

COMMERCIAL FOR LEASE, Fort Wayne, IN

Space Size1,040 SF
Lot Size0.09 Acres
Days on Market113

Property Features for 1502 W Main Street

General Information

Property type Residential
Property subtype Retail
Lot features City
Directions Use preferred map application
Subdivision Allen County
Standard status Active
APN 02-12-03-407-011.000-074
Lot size 0.09 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description S 70' LOT 1 & E 3' OF S 70' LOT 2 FRYS ADDITION
Tax Annual Amount 1549
Legal Description S 70' LOT 1 & E 3' OF S 70' LOT 2 FRYS ADDITION

Amenities

Two garage bay doors
Existing office space
Restroom
Flexible layout

Building Details

Year built 1942
Flooring type Carpet, Concrete
Roof type Shingle
Listing Agency: Corporate Commercial Group
Listed By: Santino Zurzolo · License #RB23001926
Added: Jun 11 Changed: Aug 30 Last Checked: Oct 1 at 7:06PM
MLS# 202622742

Copyright © 2026 Upstate Alliance of REALTORS® Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This retail space occupies a corner position on West Main Street and includes an office, restroom, carpet and concrete flooring, and a shingle roof. The property was built in 1942 and includes two garage bay doors, providing a configuration that can accommodate retail or other customer-facing commercial uses supported by the existing improvements.

The site contains 0.09 acres and parking for approximately 10 vehicles. Vehicle traffic and increased pedestrian activity during the summer contribute to the property's exposure along West Main Street in Fort Wayne. The layout may be adapted for a tenant's proposed concept, subject to lease terms, proposed use, and any agreed improvements.

Key Highlights

  • Corner location on West Main Street in Fort Wayne
  • 0.09‑acre site with parking for approximately 10 vehicles
  • Two garage bay doors

Property Analytics

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Current Use

Woody's Motors Car Dealership

Suggested Use

Top Pick Dental Office Real Estate Agency Pharmacy (Bike/Boat/Book/etc) Store Garden Center Accounting Firm

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

696
Businesses Nearby

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
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Market

Lease Benchmarks for Fort Wayne, IN

$14.63 /SF/Yr
Avg Asking Price
$10–$24 /SF/Yr
Price Range
10,994 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Corner setting with office space, a restroom, vehicle parking, and access to a busy commercial corridor.
Where is this retail space located?
The property is located at 1502 W Main Street Fort Wayne, IN.
What are key features of this property?
This property features: Corner location on West Main Street in Fort Wayne; 0.09‑acre site with parking for approximately 10 vehicles; Two garage bay doors
More about this property
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