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Historic Mixed-Use Event & Rental Building
For Sale
$1,150,000

2417 Spy Run Ave, Fort Wayne, IN 46805

Queen Anne landmark includes furnished short-term rental apartments, an event center, and leased garage/storage units.

Property SizeContact for details
Days on Market48

Property Features for 2417 Spy Run Ave

General Information

Standard status Active
Property subtype Residential Income

Taxes and HOA fees

Annual Taxes $12,830
Listing Agency: Keystone Real Estate Sales, LLC
Listed By: Heidi Ramseyer · License #RB14049262
Source: Exprealty
Added: Jul 21 Changed: Aug 20 Last Checked: Sep 5 at 12:55PM

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 Keystone Real Estate Sales, LLC

Investment Insights

Based on property information with market context.

This historic Queen Anne mixed-use property is fully operational and designed to support multiple income streams. The building features restored exterior and an interior with original oak floors, rich woodwork, and a grand open staircase leading to the tower. It includes four fully furnished short-term rental apartments that are part of an established Airbnb business, consisting of two one-bedroom units, one premium one-bedroom unit, and one two-bedroom unit.

The property also operates as a furnished event center for weddings, corporate events, private parties, showers, and special occasions. Wedding events are reported to generate $1,000–$4,000 per event, with corporate events renting for $250 per hour and private events renting for $175 per hour. In addition, there are eleven garage/storage units leased at $150 per month each.

The building is designated as a Local Historic District property and is described as one of the last three remaining structures of the historic C.L. Centlivre Brewing Company. The property overlooks the St. Joseph River, with guests and attendees reported to be minutes from downtown Fort Wayne and nearby hospitals, restaurants, shopping, and entertainment.

Key Highlights

  • Historic Queen Anne landmark overlooking the St. Joseph River; designated as a Local Historic District property
  • Four fully furnished short‑term rental apartments with an established Airbnb business (2 one‑bed averaging $150/night; premium 1‑bed averaging $175/night; 1 two‑bed averaging $225/night)
  • Fully furnished event center hosting weddings, corporate events, private parties, showers, and special occasions; weddings typically $1,000–$4,000 per event

Property Analytics

Current Use

Thomas Law Firm ... Law Firm Total Recovery Services Accounting Firm Serban Law Office Law Firm 312 Event Center Hotel & Motel C. L. Centlivre ... Tour Operator

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Building Supply 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

478
Businesses Nearby

Demographics for 46805, IN

21,138
Population
10,742
Households
2
Avg Household Size
35
Median Age
27%
College-Educated
92%
High-School Grad
6.4 sq mi
ZIP Area
3,303
Density / Sq Mi
$50,099
Median Household Income
$37,294
Median Earnings
$858
Median Rent
$131,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Short term rental property - Queen Anne landmark includes furnished short-term rental apartments, an event center, and leased garage/storage units.
Where is this short term rental property located?
The property is located at 2417 Spy Run Ave Fort Wayne, IN.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Historic Queen Anne landmark overlooking the St. Joseph River; designated as a Local Historic District property; Four fully furnished short‑term rental apartments with an established Airbnb business (2 one‑bed averaging $150/night; premium 1‑bed averaging $175/night; 1 two‑bed averaging $225/night); Fully furnished event center hosting weddings, corporate events, private parties, showers, and special occasions; weddings typically $1,000–$4,000 per event
More about this property
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