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    119 Wayne St Fort Wayne, IN 46802

    For Lease
    $17 SF/Yr ($16,104 /Mo)

    Prestigious Class A Office, Downtown Fort Wayne

    Lot size:
    11,368 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This stunning Class A office building, located at 119 W Wayne St, Fort Wayne, IN 46802, offers 8,968 square feet of prime office space across the first two floors. Built in 1891 and extensively renovated in 2024, this single-tenant property boasts 11,368 total square feet across three stories. The available space features a modern layout including a kitchenette, four restrooms, a basement with a vault, existing cubicle setups, a dedicated conference room, and a welcoming reception/lobby area. The building's prime downtown location provides unparalleled access to Fort Wayne's vibrant business district, placing you within easy reach of key establishments such as JK O'Donnell's, Ash Brokerage, Proximo, Ruth's Chris Steak House, Copper Spoon, Fort Wayne TinCaps stadium, the Grand Wayne Convention Center, and the Indiana Michigan Power building. The third floor is planned for future penthouse development. This exceptional property presents a unique opportunity for businesses seeking a prestigious and well-appointed office space in the heart of Fort Wayne. The property's APN is 02-12-02-457-006.000-074.

    Property Features for 119 Wayne St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    11,368 SF
    Class
    A
    Total Rate
    16104.67

    Building Details

    Year Built/Renovated
    1891/2024
    Buildings
    1
    Stories
    3

    Unit(s) available at that property

    Space
    Size
    8,968 SF
    Rate per SF
    $17
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Institute G Towing´s ... Towing Equipment Provider LUV Splash Towing ... Towing Service Mc Kay Michael A Architect

    Suggested Use

    Realty agency Spa & Massage Restaurant Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Law Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.140254754261
    Latitude
    41.078145235759

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    FAQs

    What type of property is this?
    Office space - Prestigious Class A Office, Downtown Fort Wayne
    Where is this office space located?
    The property is located at 119 Wayne St Fort Wayne, IN.
    What is the lease rate?
    The lease rate is $17 SF/Yr.
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    Fort Wayne, IN 46802
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    119 Wayne St Fort Wayne, IN 46802
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