Restaurant and Retail
For Sale
Contact for pricing
6500 State Rd 930, Fort Wayne, IN
Restaurant and retail property for sale in Fort Wayne.
Property Size1,800 SF
Lot Size0.51 Acres
Price / SF$358.33
Days on Market589
Property Features for 6500 State Rd 930
General Information
Standard status
Active
Size
1,800 SF
Lot size
0.51 Acres
Property subtype
RETAIL
Listing Agency:
NAI Hanning & Bean
(260) 341-0230
Listed By:
Rachel Romary · License ##RB14043846
(260) 341-0230
Source:
Moodyscre
Added: Dec 18, 2024
Changed: Jul 6
Last Checked: Jul 21 at 6:21AM
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 NAI Hanning & Bean
Investment Insights
Based on property information with market context.
This property, suitable for restaurant or retail use, features a dining area, two offices, two restrooms, and a kitchen. The kitchen is equipped with a floor drain and an overhead door. The building has a total area of 1800 square feet.
Key Highlights
- Two offices provide dedicated workspace.
- Kitchen included.
- Two restrooms available.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.7k | $15.96 |
| − Vacancy | −$2.2k | −$1.20 |
| EGI | $26.6k | $14.76 |
| − OpEx | −$6.6k | −$3.69 |
| NOI | $19.9k | $11.07 |
1,800 SF · lease $15.96/SF/yr · vacancy 7.50% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$284.7K
$249.1K – $332.2K
NOI $19,930 @ 7.0% cap · market cap 3.09%
Second Best
Retail
$247.1K
$216.2K – $288.2K
NOI $17,294 @ 7.0% cap · market cap 2.68%
Theoretical Best
Multifamily LT 5
$1.50M
$1.32M – $1.75M
NOI $105,258 @ 7.0% cap · market cap 16.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
504
Businesses Nearby
22k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 66%
Shops & Services 29%
Beauty & Spa 5%
Dunkin' Donuts
Dining
9,036 visits/mo
0.1 miles
Chase Bank
Shops & Services
5,550 visits/mo
0.2 miles
BIGGBY COFFEE
Dining
5,129 visits/mo
0.2 miles
Cosmoprof
Beauty & Spa
814 visits/mo
0.2 miles
Jackson Hewitt Tax Service
Shops & Services
813 visits/mo
0.2 miles
Market
Properties on Market for Restaurants in Fort Wayne
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Catering Fort Wayne LLC. — 6338 E State Blvd, Fort Wayne, IN 46815
Frequently Asked Questions
What type of property is this?
Restaurant - Restaurant and retail property for sale in Fort Wayne.
Where is this restaurant located?
The property is located at 6500 State Rd 930 Fort Wayne, IN.
What is the asking price?
The asking price for this property is $645,000.
What are key features of this property?
This property features: Two offices provide dedicated workspace.; Kitchen included.; Two restrooms available.
