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Property profile & analytics
OFF-MARKET
Retail space

303 Tillman Rd Fort Wayne, IN 46816-1017

6,720 SF 0.72 ac lot Built 1967
Individually Owned 20-yr Hold Absentee Owner Free & Clear
Property ID
US31-2196654
Property summary
AI-generated overview

This exceptional investment opportunity presents a fully operational restaurant and bar situated at 303 East Tillman Road, Fort Wayne, Indiana, 46816. The property boasts 4,305 square feet across two stories within a single building constructed in 1967. The 0.9-acre lot is zoned C-4, offering significant potential. The asking price of $659,000 includes a valuable three-way liquor license, all furniture, fixtures, and equipment (excluding the computerized cash register). A fully equipped kitchen featuring a walk-in cooler is included, along with two pool tables and an eight-slot pull tab machine. The property's prominent location adjacent to the Indiana Institute of Technology Athletic Complex provides high visibility and consistent foot traffic. The property's APN is 02-12-26-477-020.000-074 and 02-12-26-477-016.000-074. This turnkey operation presents a rare chance to acquire an established business with significant assets in a desirable location. The digital reader board adds to the property's marketing capabilities. Serious inquiries are encouraged.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1967
Construction WOOD
Total area 6,720 SF
Lot 0.72 ac (31,363 SF)
APN 02-12-26-477-020.000-074
UPID US31-2196654
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
  • 19th Hole Bar & Pub Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
ROBERT L JACKSON
ROBERT L JACKSON
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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