Fort Wayne Industrial Investment Opportunity

3427-3425 North Clinton Street, Fort Wayne, IN

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For Sale

Contact for pricing

36,533 SF building with 5 units, 100% occupancy.

Type:INDUSTRIAL

Property size:

36,533 SF

Lot size:

3.58 Acres

Price / SF:

$109/SF

HighLights

100% Occupancy: Provides immediate income potential
36,533 Square Foot Building: Offers substantial space
Zoned C3 and I1: Allows for a wide range of commercial and industrial uses
5 Units: Provides flexibility for multiple tenants
Strategic Location: Positioned in a desirable industrial area of Fort Wayne
Solid Infrastructure: Built in 1956, suggesting established construction

We can help!

Listing Contact

Dennis Callison

Learn more

For Sale

Contact for pricing

36,533 SF building with 5 units, 100% occupancy.

Type:INDUSTRIAL

Property size:

36,533 SF

Lot size:

3.58 Acres

Price / SF:

$109/SF

Added:: Oct 16, 2025
Days on Market:: 244
Last Refresh:: May 20 at 8:14 pm

Property Features for 3427-3425 North Clinton Street

General Information

Standard status: Active
Size: 36,533 SF
Lot size: 3.58 Acres
Property subtype: INDUSTRIAL

We can help!

Listing Contact

Dennis Callison

Listing agent Dennis Callison

Listing office Xplor Commercial Real Estate

Listing date Oct 16, 2025

Source Moodyscre

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 Xplor Commercial Real Estate

HighLights

100% Occupancy: Provides immediate income potential
36,533 Square Foot Building: Offers substantial space
Zoned C3 and I1: Allows for a wide range of commercial and industrial uses
5 Units: Provides flexibility for multiple tenants
Strategic Location: Positioned in a desirable industrial area of Fort Wayne
Solid Infrastructure: Built in 1956, suggesting established construction

Overview

Located in Fort Wayne, IN, this property features a 36,533 square foot building containing 5 units. Constructed in 1956, the property is zoned for both C3 and I1, accommodating a range of business operations. The property is situated in the industrial area and is suitable for industrial or office showroom use. The property has 100% occupancy.

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$328.8k	$9.00
− Vacancy	−$16.4k	−$0.45
EGI	$312.4k	$8.55
− OpEx	−$93.7k	−$2.56
NOI	$218.7k	$5.98

36,533 SF · lease $9.00/SF/yr · vacancy 5.00% · expense 30.00%

Alternative Uses

Best Use

Industrial

$3.12M

$2.73M – $3.64M (±1% cap)

NOI $218,650 @ 7.0% cap · market cap 5.47%

Second Best

—

no second resolved use

Theoretical Best

Multifamily LT 5

$30.52M

$26.70M – $35.61M (±1% cap)

NOI $2,136,326 @ 7.0% cap · market cap 53.41%

Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Current Use by Public Records

Industrial properties

Suggested Use

Location Insight

Map
Local Demand

City: Fort Wayne
County: Allen
State: Indiana
Longitude: -85.1377
Latitude: 41.1082

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For sale
Industrial properties
IN
Fort Wayne
3427-3425 North Clinton Street

What type of property is this?

Industrial property - 36,533 SF building with 5 units, 100% occupancy.

Where is this industrial property located?

The property is located at 3427-3425 North Clinton Street Fort Wayne, IN.

What is the asking price?

The asking price for this property is $4,000,000.

What are key features of this property?

This property features: 100% Occupancy: Provides immediate income potential; 36,533 Square Foot Building: Offers substantial space; Zoned C3 and I1: Allows for a wide range of commercial and industrial uses

3427-3425 North Clinton Street, Fort Wayne, IN

36,533 SF building with 5 units, 100% occupancy.

Property Features for 3427-3425 North Clinton Street

General Information

We can help!

HighLights

Overview

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Mixed-Use Motel and Apartment Property

Renovated Triplex with Short-Term Units

Aboite Township Mixed-Use Opportunity

Modern Manufacturing Facility in Centennial Park

Historic Landmark Ready for Renovation

Immaculate Church Building on Corner Lot

Downtown Fort Wayne Bar Property

Multi-Use Building in Fort Wayne

Five-Unit Brick Apartment Building

Mixed-Use Property Near Google Center

Restaurant and Redevelopment Opportunity

Fully Rented Eight-Unit Building

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