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    200 Superior St Fort Wayne, IN 46802

    Sponsored
    For Sale
    $2,950,000

    Iconic building, 101,442 SF, redevelopment opportunity

    Property size:
    101,442 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 101,442 square foot commercial building, located at 200 E Superior St in Fort Wayne, Indiana, presents a unique redevelopment opportunity. Situated on a prominent corner in the heart of the city's revitalization area, this four-story building (plus a usable lower level) boasts high visibility on a heavily trafficked intersection. Originally constructed in 1900 and renovated in 1949, the property sits on a 0.89-acre lot (APN: 02-12-02-281-001.000-074) and is zoned DC - Downtown Core. Its versatile layout, previously used for storage and retail/wholesale, offers immense potential for various uses. The building features two interior loading docks, two dock-high doors, and two freight elevators. Ceiling heights vary, with some areas reaching 14'10" and others at 10'1". The property's prime location provides easy access to numerous restaurants, government and financial offices, hotels, and entertainment venues, making it an attractive investment for discerning buyers. This is a chance to acquire a piece of Fort Wayne history and shape its future. Asking price is $2,950,000.

    Property Features for 200 Superior St

    General Information

    Property type
    Individual retail properties
    Square Feet
    101,442 SF
    Lot Size
    38,768 SF

    Building Details

    Year Built/Renovated
    1900/1949
    Buildings
    1
    Stories
    4

    HighLights

    • Redevelopment opportunity in Fort Wayne's downtown revitalization area.
    • High visibility corner lot at Clinton & Superior Streets.
    • Versatile layout suitable for various uses.
    • Excellent access to amenities including restaurants, government offices, hotels, and entertainment.
    Property Profile Location Intelligence

    Current Use by Public Records

    A Party Apart Party Equipment Rental Service Public Restroom Public Bathroom

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Law Firm Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.138910081272
    Latitude
    41.08262006092

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    FAQs

    What type of property is this?
    Individual retail property - Iconic building, 101,442 SF, redevelopment opportunity
    Where is this individual retail property located?
    The property is located at 200 Superior St Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: Redevelopment opportunity in Fort Wayne's downtown revitalization area.; High visibility corner lot at Clinton & Superior Streets.; Versatile layout suitable for various uses.
    Request Owner's contact information
    200 Superior St Fort Wayne, IN 46802
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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
    200 Superior St Fort Wayne, IN 46802
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