3201 St Joe Ctr Rd Fort Wayne, IN 46835
This exceptional investment opportunity presents Riviera Plaza Shopping Center, a single-story, 63,543 square foot retail center situated on 8.03 acres in Fort Wayne, Indiana. Built in 1969, the property boasts 253 parking spaces and is conveniently located at the highly trafficked intersection of St. Joe Center Road and St. Joe Road, experiencing a daily vehicle count of 29,900. The center is zoned NC and features a total of one building. Currently, there is 7,010 square feet of vacant space available, divisible into units as small as 2,000 square feet, with a maximum contiguous space of 5,010 square feet. The property's prime location offers exceptional visibility and accessibility, benefiting from close proximity to Purdue University Fort Wayne, Ivy Tech Community College, and Canterbury Green Apartments, ensuring a consistent flow of potential customers. The Allen County property (APN: 02-08-17-354-013.000-072) presents a compelling opportunity for investors seeking a well-positioned retail asset in a thriving market. The property's size and layout offer flexibility for a variety of retail uses. This is a rare chance to acquire a substantial retail property in a desirable location with significant growth potential.
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Isalis (Bike/Boat/Book/etc) Store
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Party City Party Supply Store (Bike/Boat/Book/etc) Store
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Skunk Funk Big Box & Wholesale Store
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Carl's Trading Co Hat Shop
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Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.