444 Coliseum Blvd Fort Wayne, IN 46805

Property Details for 444 Coliseum Blvd

Year built

1950

Construction

TYPE NOT SPECIFIED

Lot size

1.96 lot acres

Property size

23,562 SF

Property type

Bowling alleys

APN

02-07-23-377-002.000-073

APU

20723377002000073

Description

This exceptional investment opportunity encompasses a 169,448-square-foot industrial and retail property located at 444 Coliseum Blvd W, Fort Wayne, Indiana, 46805. The property consists of three buildings constructed in 1950, 1972, and 1985, situated on a prime corner lot at a heavily trafficked intersection. The main building, formerly known as Roller Dome North, is complemented by two additional warehouse buildings located at 4515 and 4517 Industrial Road. The property is zoned I3 - Heavy Industrial and offers significant redevelopment potential given its location near numerous retail and industrial corridors, shopping centers, restaurants, and attractions. The asking price is $3,724,380, translating to $21.98 per square foot and $1,241,460 per unit. The property is currently vacant, offering a blank canvas for future development. A key feature is an existing leased billboard generating rental income. The Allen County property includes three separate APNs: 02-07-23-337-001.000-073, 02-07-23-377-002.000-073, and 02-07-23-377.000-073. This location benefits from established infrastructure and high visibility due to its proximity to major thoroughfares and a signalized intersection. This presents a unique chance to capitalize on a high-demand area with significant upside potential.

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Longitude

-85.1484

Latitude

41.1186

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments