127 Berry StFort Wayne, IN 46802

  • Office properties
  • 120,280 SF
For Sale

Property Details for 127 Berry St

Year built
1928
Construction
CONCRETE
Lot size
0.41 AC
Property size (Sq ft)
120,280 SF
Property type
Office properties
Property subtype
Other office properties
APN
02-12-02-453-002.000-074
APU
21202453002000074

Description

The Historic Centier Building, a 13-story Class A office building in downtown Fort Wayne, Indiana, offers a unique blend of historical charm and modern amenities. Originally constructed in 1927, this iconic structure boasts 130,693 square feet of space across multiple suites, ranging from 113 to 10,846 square feet. The building features three elevators (two passenger, one freight) and is situated on a 0.41-acre lot at 127 W Berry St, conveniently located near W Berry St & Harrison St. Its prime Downtown location provides easy access to major attractions, including the Skyline Tower, Bradley Hotel, Promenade Park, Allen County Courthouse, and City Hall. The building's stunning architectural details, including large limestone pillars, glazed terracotta cornices, and elaborate carved stonework, are beautifully preserved. The lobby features impressive murals, gold leaf crown molding, granite tile walls, and 33-foot ceilings. The building is zoned DC (Downtown Core) and its APN is 02-12-02-453-002.000-074. This prestigious address offers a variety of office space options, perfect for businesses seeking a prominent location in the heart of Fort Wayne. The building's rich history and convenient location make it an ideal choice for businesses of all sizes. Multiple tenancy options are available.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $22,622,382
    6.5%
    $20,882,200
    7%
    $19,390,614
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,140,549
    Geo Method
    $2,368,313
  • Alternative Use

    Use
    Valuation
    Residential
    $25,893,928
    Hospitality
    $23,718,698
    Educational
    $19,733,678
    Medical
    $20,412,350
    Retail
    $30,696,834
127 Berry St, Fort Wayne, Indiana
Leaflet | © OpenStreetMap contributors

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.0788
Longitude
-85.1405
CBSA code
23060
CBSA name
FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$99,855
$360,000
$3,343,500
$3,703,500
-
$360,000
$3,343,500
$3,703,500

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