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Two-Unit Flex Space with Office and Showroom
For Lease
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431-445 Fernhill Ave, Fort Wayne, IN 46808

Two flex units for lease in an I-2 general industrial park near US 27 and I-69 access.

Space SizeContact for details
Property Size3,411 SF
Days on Market231

Property Features for 431-445 Fernhill Ave

General Information

Standard status Active
Size 3,411 SF
Property subtype INDUSTRIAL
Zoning I2
Lease Type SF/yr

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Space Use Office
Three-Phase Power Yes

Spaces For Lease

at 431-445 Fernhill Ave Contact us

417 Fernhill Ave $9.50/SF/Yr

Contact us
Listing Agency: Sturges Property Group
Listed By: Ian Smith · License #RB14026402
Source: Moodyscre
Added: Dec 17, 2025 Changed: Jul 30 Last Checked: Aug 4 at 6:28AM

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.

This flex space property offers two units available for lease in the Wells Commerce Center II industrial park. Unit 417 includes a large office area along with a functional warehouse layout. Unit 435 features a small showroom and a large open warehouse area. The property totals 3,411 SF and is zoned I2 – General Industrial.

The site is located right off US 27 near Wells Street, with frontage at Fernhill Avenue. It is also described as positioned right off Lima Road/US 27 and provides easy access to I-69, supporting high vehicle count needs in a busy industrial and commercial sector.

Nearby businesses mentioned include 2Toms Brewing Company, Pepsi Beverages, and Glenbrook Square Mall.

Key Highlights

  • 3,411 SF flex space property with two units available for lease
  • Zoned I2 – General Industrial
  • Unit 417: large office area plus functional warehouse

Property Analytics

Current Use

Flex space

Suggested Use

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

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.43 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

946
Businesses Nearby
Balanced
Demand for This Use

Demographics for 46808, IN

19,894
Population
9,298
Households
2.1
Avg Household Size
35
Median Age
19%
College-Educated
88%
High-School Grad
10.6 sq mi
ZIP Area
1,877
Density / Sq Mi
$53,632
Median Household Income
$35,123
Median Earnings
$939
Median Rent
$127,800
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Two flex units for lease in an I-2 general industrial park near US 27 and I-69 access.
Where is this flex space located?
The property is located at 431-445 Fernhill Ave Fort Wayne, IN.
What is the lease rate?
The lease rate is $9.50 SF/Yr.
What are key features of this property?
This property features: 3,411 SF flex space property with two units available for lease; Zoned I2 – General Industrial; Unit 417: large office area plus functional warehouse
(260) 424-8448 Call to check price and availability
More about this property
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