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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

111 Wayne St Fort Wayne, IN 46802

9,505 SF
Property ID
Property summary
AI-generated overview

This exceptional 9,505 square foot, single-story Class B building at 111 W Wayne St, Fort Wayne, IN 46802, is situated in the heart of downtown's revitalization area. Currently 41% occupied, with tenants including Jimmy John's and the Downtown Improvement District offices, this property presents a rare investment or owner-user opportunity. The building, renovated in 2021, features 5,605 square feet of net rentable space and is zoned DC-Downtown Core. The asking price is $1,100,000, translating to $126.25 per square foot. The property's high visibility at the corner of Wayne and Calhoun Streets offers excellent exposure. Its proximity to numerous restaurants, banks, legal, and governmental offices enhances its appeal. The existing office space is adaptable for retail use, with a reduced lease rate of $15 per square foot, full-service, available. This multi-tenant building offers a unique chance to capitalize on Fort Wayne's thriving downtown scene. The Allen County property (APN: 02-12-02-458-002.000-074) is a single building with one unit.

Property profile
Verified
Property type Retail properties & Spaces
Total area 9,505 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Bomberger Jon A Law Firm
  • Summit Data Computer & Electronic Repair (Bike/Boat/Book/etc) Store
  • Kiplinger Law Firm, P.C. Law Firm Financial Advisor
  • Baker & Daniels: Hoffman John F Law Firm
  • Wells Fargo Private Bank Financial Advisor
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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