Office-Warehouse with Drive-In
1902 S Harrison St Fort Wayne, IN 46802
For Sale
Contact for pricing
Completely renovated office-warehouse with two drive-in doors, 13' clear height, and a clean dry basement.
Property Size7,150 SF
Price / SF$91.97
Days on Market217
Property Features for 1902 S Harrison St
General Information
Standard status
Active
Size
7,150 SF
Property subtype
INDUSTRIAL
Listing Agency:
BND Commercial, LLC
(260) 450-2916
Listed By:
Jake Ramsey
(260) 450-2916
Source:
Moodyscre
Added: Dec 23, 2025
Changed: Jul 25
Last Checked: Jul 27 at 2:25PM
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 BND Commercial, LLC
Investment Insights
Based on property information with market context.
A completely renovated office-warehouse property offering 1,500 SF of office space and 5,650 SF of warehouse space, plus an 816 SF clean, dry basement usable for storage. The main level includes a functional layout and is served by two drive-in doors. Warehouse ceiling height is 13 feet clear, with LED lighting. The building also features roof and new mechanicals completed in 2025.
Additional parking is available on the parcel north of the building. The property has convenient access to US 27 and I-69, and Fort Wayne International Airport.
Zoning allows for a variety of uses. This asset is offered for sale or lease on a triple-net basis.
Additional parking is available on the parcel north of the building. The property has convenient access to US 27 and I-69, and Fort Wayne International Airport.
Zoning allows for a variety of uses. This asset is offered for sale or lease on a triple-net basis.
Key Highlights
- 7,150 SF office‑warehouse with 1,500 SF office and 5,650 SF warehouse space
- 13' clear height ceiling with LED lighting
- Warehouse includes two drive‑in doors for loading and access
Financial Insights For Warehouse
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 | $71.2k | $9.96 |
| − Vacancy | −$3.2k | −$0.45 |
| EGI | $68.0k | $9.51 |
| − OpEx | −$10.2k | −$1.43 |
| NOI | $57.8k | $8.09 |
7,150 SF · lease $9.96/SF/yr · vacancy 4.50% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.13M
$986.2K – $1.31M
NOI $78,895 @ 7.0% cap · market cap 12.00%
Second Best
Warehouse
$825.8K
$722.6K – $963.5K
NOI $57,808 @ 7.0% cap · market cap 8.79%
Theoretical Best
Multifamily LT 5
$5.97M
$5.23M – $6.97M
NOI $418,108 @ 7.0% cap · market cap 63.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Yard Bones BBQ/ YB2 BBQ & Catering — 705 E Lewis St, Fort Wayne, IN 46802
- A & S Catering Service — 705 E Lewis St, Fort Wayne, IN 46802
Frequently Asked Questions
What type of property is this?
Flex space - Completely renovated office-warehouse with two drive-in doors, 13' clear height, and a clean dry basement.
Where is this flex space located?
The property is located at 1902 S Harrison St Fort Wayne, IN.
What is the asking price?
The asking price for this property is $657,620.
What are key features of this property?
This property features: 7,150 SF office‑warehouse with 1,500 SF office and 5,650 SF warehouse space; 13' clear height ceiling with LED lighting; Warehouse includes two drive‑in doors for loading and access
