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Property profile & analytics
FOR SALE
Retail space

5700 Bluffton Rd Fort Wayne, IN 46809

4,756 SF 1.01 ac lot Built 1949
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US31-2510818
Property summary
AI-generated overview

This exceptional investment opportunity encompasses a thriving restaurant and a recently renovated Airbnb, both situated on a 1.01-acre lot in Fort Wayne, Indiana. The property, located at 5700 Bluffton Rd, features a 4,756 square foot, two-story building constructed in 1949 and extensively renovated in 2023. The restaurant boasts a substantial 3,156 square feet, including a large kitchen area equipped with two 8-foot exhaust hood systems. The attached 1,600 square foot Airbnb consistently receives bookings. The sale includes all furniture, equipment, and fixtures for both the restaurant and Airbnb. The property is zoned C2/Limited Commercial and includes a detached garage. The asking price for the combined real estate and business is $1,400,000. A separate business-only sale is also available for $625,000. This turnkey operation presents a unique chance to acquire a well-established business with significant income potential. The property's APN is 02-12-22-351-042.000-074. This is a vacant property, ready for immediate occupancy.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Construction WOOD
Total area 4,756 SF
Lot 1.01 ac (44,213 SF)
APN 02-12-22-351-042.000-074
UPID US31-2510818
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
  • Waynedale Cafe Restaurant
Value estimations
Realmo proprietary · 4 methods
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by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Mia Propiedad LLC · 3 yrs held
Mia Propiedad LLC
since 2023
2 recorded transactions
2023
Price N/A
2015
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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