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    1441 Wells St Fort Wayne, IN 46808

    Sponsored
    For Sale
    $425,000

    Historic Fort Wayne Flex Space, $425,000

    Property size:
    4,960 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This mixed-use industrial property, located at 1441 Wells St, Fort Wayne, IN 46808, presents a unique investment opportunity. The 4,960 square foot building, constructed in 1900, sits on a 0.29-acre lot and boasts a single-story design with a 12.5' ceiling height. The property features a blend of warehouse and office space, with 1,873 square feet dedicated to office use and 3,087 square feet to warehouse space. The warehouse area includes a clear-span layout and a 12' x 10' overhead door conveniently located off 4th Street. Ample parking and outdoor storage are available at the rear of the building. The property benefits from high visibility on Wells Street, with an estimated 15,000 vehicles passing daily. Its prime location is just 0.5 miles north of downtown Fort Wayne, near the new riverfront development and the future River North mixed-use project. The property is zoned UC and includes one loading dock. The Allen County property features a single tenancy and is offered at $425,000, or $85.69 per square foot. The APN is 02-12-02-128-042.000-074. This versatile space is suitable for a variety of uses, making it an attractive option for both investors and businesses seeking a prominent location in a thriving area.

    Property Features for 1441 Wells St

    General Information

    Property type
    Distribution properties
    Square Feet
    4,960 SF
    Lot Size
    12,632 SF

    Building Details

    Year Built
    1900
    Buildings
    1
    Stories
    1

    HighLights

    • Mixed‑use industrial building for sale at $425,000.
    • 4,960 SF building with 1,873 SF of office space and 3,087 SF of warehouse space.
    • Clear‑span warehouse featuring a 12' x 10' overhead door.
    • High‑visibility location on Wells Street with approximately 15,000 vehicles passing daily.
    • Prime location near downtown Fort Wayne, close to new riverfront development.
    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
    -85.145614050362
    Latitude
    41.08765889744

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    FAQs

    What type of property is this?
    Distribution property - Historic Fort Wayne Flex Space, $425,000
    Where is this distribution property located?
    The property is located at 1441 Wells St Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Mixed-use industrial building for sale at $425,000.; 4,960 SF building with 1,873 SF of office space and 3,087 SF of warehouse space.; Clear-span warehouse featuring a 12' x 10' overhead door.
    Request Owner's contact information
    1441 Wells St Fort Wayne, IN 46808
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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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