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    1002 Coliseum Blvd Fort Wayne, IN 46805

    For Sale
    $1,350,000

    Thriving Adult Club, Prime Location

    Property size:
    9,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    This exceptional turnkey opportunity presents a profitable, established adult entertainment business in Fort Wayne, Indiana. Located at 1002 N. Coliseum Blvd, this fee-simple property boasts 9,500 square feet across two stories in a Class B building. Completely renovated in 2021, the property includes a full kitchen, two bars, and a walk-in cooler, all supported by a modern HVAC system and fire sprinklers. The spacious layout comfortably accommodates up to 299 patrons, featuring two stages, VIP areas, and dedicated couch rooms. The building also benefits from a built-in elevator. Situated on a busy, divided highway, this location ensures high visibility and traffic counts, maximizing business potential. All necessary licenses for operation are already in place, making this a truly turnkey investment. The asking price is $1,350,000, representing a price per square foot of $142.11. Owner financing may be considered. This is a rare chance to acquire a successful, established business with significant upside potential. The property is 100% occupied and features a single tenancy.

    Property Features for 1002 Coliseum Blvd

    General Information

    Property type
    Restaurants
    Square Feet
    9,500 SF
    Class
    B

    Building Details

    Year Renovated
    2021
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Turnkey adult entertainment business in Fort Wayne, IN.
    • 9,500 SF, two‑story Class B building, completely renovated in 2021.
    • Features full kitchen, two bars, walk‑in cooler, HVAC, fire sprinklers, two stages, VIP areas, and couch rooms.
    • Accommodates up to 299 patrons; includes elevator.
    • High‑visibility location on a divided highway; all licenses in place.
    • $1,350,000 asking price ($142.11/SF); owner financing considered.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Rockstar Entertainment 260 Music Management And Promotion Shangri La East Restaurant Bradley hotel Fort ... Hotel

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop 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
    -85.0868716
    Latitude
    41.0856092

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    FAQs

    What type of property is this?
    Restaurant - Thriving Adult Club, Prime Location
    Where is this restaurant located?
    The property is located at 1002 Coliseum Blvd Fort Wayne, IN.
    What is the asking price?
    The asking price for this property is $1,350,000.
    What are key features of this property?
    This property features: Turnkey adult entertainment business in Fort Wayne, IN.; 9,500 SF, two-story Class B building, completely renovated in 2021.; Features full kitchen, two bars, walk-in cooler, HVAC, fire sprinklers, two stages, VIP areas, and couch rooms.
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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
    1002 Coliseum Blvd Fort Wayne, IN 46805
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