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Multi-Tenant Flex-Industrial Center
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417 Fernhill Ave, Fort Wayne, IN 46805

Multi-tenant flex-industrial building with 7 units, drive-in and dock-high doors, and 15-foot clear ceiling heights.

Property Size29,379 SF
Days on Market128

Property Features for 417 Fernhill Ave

General Information

Standard status Active
Size 29,379 SF
Property subtype Industrial
Occupancy 100%

Warehouse & Industrial

Clear Height 15 ft
Dock-High Doors 6
Drive-In Doors 6

Additional Details

Highway Access Yes

Building Details

Year Built 1987
Tenancy Multi
Listing Agency: Sturges Property Group
Listed By: Neal Bowman · License #IN RB14026402
Source: Crexi
Added: Apr 11 Changed: Aug 15 Last Checked: Aug 14 at 8:03AM

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 Sturges Property Group

Investment Insights

Based on property information with market context.

Wells Commerce Center II is a multi-tenant flex-industrial building completed for occupancy in 1987 and professionally managed since. The property contains 7 industrial-flex units and includes 6 drive-in doors and 6 dock-high doors. Ceiling heights are reported at 15 feet, supporting a range of light industrial and warehouse-style uses within the flex layout.

The asset is centrally located just north of downtown Fort Wayne and less than two miles south of I-69. It is also positioned near the intersection of US-27 and SR 930, with reported traffic counts of 42,000 vehicles per day on US-27 and 39,500 vehicles per day on SR 930.

The offering is described as fully occupied and stabilized, and the building is marketed as a 100% occupied asset with long-term tenants. The seller notes the property can be purchased as part of a portfolio with the neighboring building at 3674-3736 N Wells Street.

Key Highlights

  • 29,379 SF multi‑tenant flex‑industrial building completed for occupancy in 1987
  • 7 industrial‑flex units with 6 drive‑in doors and 6 dock‑high doors
  • 15’ clear ceiling heights

Property Analytics

Current Use

Positive Expressions Consultant

Suggested Use

Top Pick Law Firm Real Estate Agency Veterinary Clinic Garden Center (Bike/Boat/Book/etc) Store Grocery & Convenience Store

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

15 ft
Clear height
6
Dock-high doors
6
Drive-in doors
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

946
Businesses Nearby
Balanced
Demand for This Use

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 Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Multi-tenant flex-industrial building with 7 units, drive-in and dock-high doors, and 15-foot clear ceiling heights.
Where is this flex space located?
The property is located at 417 Fernhill Ave Fort Wayne, IN.
What are key features of this property?
This property features: 29,379 SF multi‑tenant flex‑industrial building completed for occupancy in 1987; 7 industrial‑flex units with 6 drive‑in doors and 6 dock‑high doors; 15’ clear ceiling heights
(260) 424-8448 Call to check price and availability
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