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    1441 Wells St Fort Wayne, IN 46808

    Sponsored
    For Lease
    $7 SF/Yr ($3,000 /Mo)

    Historic Fort Wayne Warehouse, 4,960 SF

    Lot size:
    4,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 4,960-square-foot industrial property, located at 1441 Wells St, Fort Wayne, IN 46808, presents a unique investment or leasing opportunity. The single-story, Class B building, constructed in 1900, boasts a flexible layout combining warehouse and office space. The warehouse area features a 12.5' ceiling height, a 12' x 10' overhead door accessible from 4th Street, and ample parking and outdoor storage in the rear. The building's 0.29-acre lot provides additional space. Zoned UC, this property enjoys high visibility on Wells Street, with an estimated 15,000 vehicles passing daily. Its prime location, just half a mile north of downtown Fort Wayne, places it steps from the new riverfront development and the future River North mixed-use project. The building's history as a theatre adds to its character and potential for adaptive reuse. The total building area is 4,960 square feet, currently entirely vacant. The property's APN is 02-12-02-128-042.000-074. This versatile space is ideal for a variety of uses, including creative workspaces, entertainment venues, or showroom displays. The building offers a unique blend of historic charm and modern functionality, making it a compelling investment prospect in a rapidly developing area.

    Property Features for 1441 Wells St

    General Information

    Property type
    Flex space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,960 SF
    Class
    B
    Total Rate
    3000.8

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    4,960 SF
    Rate per SF
    $7

    HighLights

    • Office/warehouse available for sale or lease.
    • High‑bay clear‑span warehouse.
    • 12' x 10' overhead door.
    • High‑visibility location.
    • Ample parking and outdoor storage.
    • Situated at a well‑lit intersection in the heart of the Wells Street Corridor.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wellness Water Filtration ... Water Filter Supplier

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.145612705202
    Latitude
    41.087606162118

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    FAQs

    What type of property is this?
    Flex space - Historic Fort Wayne Warehouse, 4,960 SF
    Where is this flex space located?
    The property is located at 1441 Wells St Fort Wayne, IN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: Office/warehouse available for sale or lease.; High-bay clear-span warehouse.; 12' x 10' overhead door.
    Request Owner's contact information
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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
    1441 Wells St Fort Wayne, IN 46808
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