130 Main St Fort Wayne, IN 46802-1712
- Office Properties & Spaces
- 24,792 SF
- 0.59 lot acres
Jan 10, 2025
Current Use by Public Records
- Christoff & Christoff Atty: Christoff Catherine S / Family Law Attorney
- Christoff & Christoff Attorneys / Law Firm
- Kitch Acceptance Corporation / Loan Agency
- Charlotte Thompson / Audiologist / Medical Clinic
- The Law Office of Kiby G Moss / Estate Planning Attorney / Bankruptcy Attorney
Property Details for 130 Main St
- Year built
- 1984
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.59 lot acres
- Property size
- 24,792 SF
- Property type
- Office Properties & Spaces
- APN
- 02-12-02-411-013.000-074
- APU
- 21202411013000074
Description
This exceptional three-story, 22,030 square foot Class B office building presents a compelling investment opportunity in the heart of Fort Wayne, Indiana. Boasting a 7.03% cap rate and a strong NOI of $281,410, this fully occupied multi-tenant property offers significant returns. Completely remodeled in 2016 (with elevator upgrades in 2018), the building features attractive Class A office spaces and a welcoming common area. The property benefits from a highly visible location with substantial daily traffic and the rare advantage of 30 on-site parking spaces. The 0.53-acre lot is zoned DC-Downtown Core, reflecting its prime location within Fort Wayne's revitalized downtown area. The building includes a fully finished lower level, 3-phase electric service, and a 100% sprinkler system. Financial details are available upon request and execution of a non-disclosure agreement. This is a turnkey investment ready to generate immediate income. The property's strong occupancy rate, recent renovations, and desirable location make it an ideal addition to any investment portfolio. The building's features, combined with its strategic location in a thriving downtown area, ensure a stable and profitable investment for years to come. Further information is available upon request.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.1411
- Latitude
- 41.0805
- CBSA code
- 23060
- CBSA name
- FORT WAYNE, IN METROPOLITAN STATISTICAL AREA