5610 Coventry Ln Fort Wayne, IN 46804-7140
This exceptional 3,553-square-foot executive office space, located at 5610 Coventry Lane in Fort Wayne, Indiana, presents a unique investment opportunity. The property, built in 1992, boasts a desirable C-1 zoning classification and sits on a 0.98-acre lot within the Airport Overlay District. Its strategic location offers unparalleled convenience, situated near major thoroughfares including I-69 and Jefferson Boulevard, ensuring easy accessibility for clients and employees. The building's modern architecture is complemented by a substantial 33-space dedicated parking lot, a significant advantage in a high-traffic area. Previously a bank branch, the property features four drive-thru lanes, making it ideally suited for a variety of uses, including retail, office, or medical practices. The surrounding area is thriving, with nearby establishments such as Kroger and Lutheran Hospital, attracting a high volume of foot traffic and providing a strong customer base. This property represents a rare chance to acquire a well-positioned, versatile commercial space in a rapidly growing section of Fort Wayne and Allen County. The asking price is $1,000,000. The property's features and location make it an attractive investment for discerning buyers seeking a high-return opportunity in a prime Fort Wayne location.
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PNC Bank ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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