200 Superior St Fort Wayne, IN 46802
- Warehouses
- 99,966 SF
- 0.89 lot acres
Current Use by Public Records
- A Party Apart / Party Equipment Rental Service / Wedding Planner
- Public Restroom / Public Bathroom
Property Details for 200 Superior St
- Year built
- 1900
- Construction
- CONCRETE
- Lot size
- 0.89 lot acres
- Property size
- 99,966 SF
- Property type
- Warehouses
- APN
- 02-12-02-281-001.000-074
- APU
- 21202281001000074
Description
This exceptional 101,442 square foot commercial building, located at 200 E Superior St in Fort Wayne, Indiana, presents a unique redevelopment opportunity. Situated on a prominent corner in the heart of the city's revitalization area, this four-story building (plus a usable lower level) boasts high visibility on a heavily trafficked intersection. Originally constructed in 1900 and renovated in 1949, the property sits on a 0.89-acre lot (APN: 02-12-02-281-001.000-074) and is zoned DC - Downtown Core. Its versatile layout, previously used for storage and retail/wholesale, offers immense potential for various uses. The building features two interior loading docks, two dock-high doors, and two freight elevators. Ceiling heights vary, with some areas reaching 14'10" and others at 10'1". The property's prime location provides easy access to numerous restaurants, government and financial offices, hotels, and entertainment venues, making it an attractive investment for discerning buyers. This is a chance to acquire a piece of Fort Wayne history and shape its future. Asking price is $2,950,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $495,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $475,000
- 6.5%
- $495,000
- 7%
- $555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $585,000
- Geo Method
- $525,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $490,000
- Retail
- $540,000
- Mixed-Use
- $570,000
- Hospitality
- $605,000
- Educational
- $595,000
- Residential Income
- $515,000
- Energy
- $600,000
- Income-Based Land
- $490,000
- Food Service
- $475,000
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.1381
- Latitude
- 41.0825
- CBSA code
- 23060
- CBSA name
- FORT WAYNE, IN METROPOLITAN STATISTICAL AREA