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    3200 Ardmore Ave Fort Wayne, IN 46802

    Sponsored
    For Sale
    $756,160

    1280 sq ft Restaurant, High Traffic

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,280 square foot restaurant space is situated in a thriving retail center on Kimberly Road in Davenport, boasting over 20,000 vehicles passing daily. The center enjoys a strong anchor tenant, Hy-Vee, attracting an average of 26,000 customers weekly. This prime location benefits from a diverse mix of established businesses including McDonald's, Pizza Hut, Great Clips, Papa Murphy's, Amana Care, Sun Tan City, Athletico Physical Therapy, and T-Mobile, ensuring high visibility and foot traffic. The property itself features ample parking with approximately 600 stalls, providing convenient access for customers. The restaurant space includes a small front dining area, a sizable kitchen equipped with a roughly 10-foot hood, and a walk-in cooler and freezer, all remaining in place. This layout is ideally suited for a restaurant focusing on high-volume takeout and delivery services. The property is zoned C-3 and consists of three buildings on a single parcel (APN: M1508-17J). This is a single-tenant space within a larger commercial development, offering a turnkey opportunity for a restaurant operator seeking a high-traffic, established location. The property is ready for immediate occupancy.

    Property Features for 3200 Ardmore Ave

    General Information

    Property type
    Land
    Lot Size
    1,029,323 SF

    HighLights

    • Restaurant/Retail property at 2140 W Kimberly Road, Davenport.
    • Single‑tenant, 1,280 square foot space.
    • Located in a high‑traffic retail center with 20,000+ vehicles per day (VPD).
    • Anchored by Hy‑Vee, with other strong national and local tenants.
    • Ample parking (approx. 600 stalls).
    • Features a small dining area, large kitchen with a 10‑foot hood, walk‑in cooler, and freezer.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fort Wayne
    County
    Allen
    State
    Indiana
    Longitude
    -85.18978
    Latitude
    41.04913

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    FAQs

    What type of property is this?
    Land - 1280 sq ft Restaurant, High Traffic
    Where is this land located?
    The property is located at 3200 Ardmore Ave Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $756,160.
    What are key features of this property?
    This property features: Restaurant/Retail property at 2140 W Kimberly Road, Davenport.; Single-tenant, 1,280 square foot space.; Located in a high-traffic retail center with 20,000+ vehicles per day (VPD).
    Request Owner's contact information
    3200 Ardmore Ave 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
    3200 Ardmore Ave Fort Wayne, IN 46802
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