Flex Office and Warehouse
For Sale
Contact for pricing
2014 S Calhoun St, Fort Wayne, IN 46802
A flex office and heated warehouse building with 2,145 SF of office space and 2,912 SF warehouse with two overhead doors.
Property Size5,057 SF
Price / SF$171.70
Days on Market136
Property Features for 2014 S Calhoun St
General Information
Standard status
Active
Size
5,057 SF
Property subtype
INDUSTRIAL
Zoning
C-3
Lease Type
NNN
Site & Location
Neighborhood
Hoagland Masterson Neighborhood Assn
Warehouse & Industrial
Warehouse Space
2,912 SF
Office Build-Out
2,145 SF
Heavy Power
Yes
Additional Details
Opportunity Zone
Yes
Building Details
Year Built
1954
Buildings
1
Building Size
5,057 SF
Properties For Sale
at 2014 S Calhoun St Contact us2014 S Calhoun St AVAILABLE, Now
Floor
1
Size
2,145 SF
Type
EXECUTIVE_SUITES
Lease Type
NNN
Sublease
No
- Discover an exceptional leasing opportunity at 2014 S Calhoun St, Fort Wayne, IN, 46802. This prime commercial property offers a versatile space suitable for a wide range of businesses. With ample natural light, a spacious layout, and modern amenities, this property provides an inviting and functional environment for your business. The location's proximity to major thoroughfares ensures both accessibility and visibility. Whether you're looking to establish a new venture or expand an existing one, this property offers the ideal foundation for success. Don't miss the chance to make this dynamic space your own.
Contact us 2014 S Calhoun St AVAILABLE, Now
Floor
1
Size
2,912 SF
Type
INDUSTRIAL
Lease Type
NNN
Sublease
No
- Discover an exceptional leasing opportunity at 2014 S Calhoun St, Fort Wayne, IN, 46802. This prime commercial property offers a versatile space suitable for a wide range of businesses. With ample natural light, a spacious layout, and modern amenities, this property provides an inviting and functional environment for your business. The location's proximity to major thoroughfares ensures both accessibility and visibility. Whether you're looking to establish a new venture or expand an existing one, this property offers the ideal foundation for success. Don't miss the chance to make this dynamic space your own.
Contact us
Listing Agency:
Acadia Commercial
(260) 377-5002
Listed By:
Charlotte Tompkins · License #RB20000274
(260) 487-3653
Source:
Moodyscre
Added: Jun 15
Changed: Oct 4
Last Checked: Oct 26 at 7:24PM
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 Acadia Commercial
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This flex office and warehouse building totals 5,057 SF and combines professional office space with a functional warehouse area. The office portion includes 6 large private offices, a conference room, and a formal reception area. The warehouse portion is 2,912 SF and includes two overhead doors, restroom facilities, heated space, and unique storage rooms.
Built in 1954, the property is zoned C-3 (Commercial). The building is described as suitable for multiple uses, including professional office, medical or dental office, creative space, or flex use.
The warehouse is noted as having high power capability, supporting a range of light industrial or operational needs that pair with dedicated office support.
Built in 1954, the property is zoned C-3 (Commercial). The building is described as suitable for multiple uses, including professional office, medical or dental office, creative space, or flex use.
The warehouse is noted as having high power capability, supporting a range of light industrial or operational needs that pair with dedicated office support.
Key Highlights
- 5,057 SF flex office/warehouse building at 2014 S Calhoun St, Fort Wayne, IN
- 2,145 SF office includes 6 private offices, a large conference room, and a formal reception area
- 2,912 SF heated warehouse with 2 overhead doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,132
Cap Rate
6.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,640
$642.6K
Cap Rate 7%
$459,029
$459.0K
Cap Rate 9%
$357,022
$357.0K
Market Conditions
NOI Build-Up for 2,912 SF
Gross rent
$49.6K $17.04/SF
− Vacancy
−$6.8K −$2.33/SF
EGI
$42.8K $14.71/SF
− OpEx
−$10.7K −$3.68/SF
NOI
$32.1K $11.03/SF
Area
Fort Wayne, IN
Vacancy
13.66%
Lease Rate
$17.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$642,640
Cap Rate 7%
$459,029
Cap Rate 9%
$357,022
Alternative Uses
Best Use
Office B
$459.0K
$401.7K – $535.5K
NOI $32,132 @ 7.0% cap · market cap 6.43%
Second Best
Warehouse
$336.3K
$294.3K – $392.4K
NOI $23,544 @ 7.0% cap · market cap 4.71%
Theoretical Best
Multifamily LT 5
$2.43M
$2.13M – $2.84M
NOI $170,284 @ 7.0% cap · market cap 34.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Heavy power
Location Intelligence
Trade Area within ½ mile
874
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 46802, IN
10,664
Population
5,831
Households
1.8
Avg Household Size
35
Median Age
23%
College-Educated
83%
High-School Grad
4.2 sq mi
ZIP Area
2,539
Density / Sq Mi
$40,903
Median Household Income
$32,172
Median Earnings
$880
Median Rent
$131,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
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 - A flex office and heated warehouse building with 2,145 SF of office space and 2,912 SF warehouse with two overhead doors.
Where is this flex space located?
The property is located at 2014 S Calhoun St Fort Wayne, IN.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 5,057 SF flex office/warehouse building at 2014 S Calhoun St, Fort Wayne, IN; 2,145 SF office includes 6 private offices, a large conference room, and a formal reception area; 2,912 SF heated warehouse with 2 overhead doors
