616 S Harrison St Fort Wayne, IN 46802
For Lease
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This exceptional 2,718 square foot commercial space, located at 616 S Harrison St in Fort Wayne, Indiana, presents a unique investment opportunity. Part of the Randall Lofts building, this traditional office space is situated in a vibrant downtown location, boasting a Class B designation. The building, constructed in 1950 and renovated in 2015, features a striking brick facade and black awnings, creating an inviting atmosphere. The space is part of a larger 50,715 square foot building with five stories and a 12-foot ceiling height. Conveniently located next to The Landing and Boutique Hotel, and a mere 30-second walk from Promenade Park, this property benefits from high foot traffic and proximity to amenities. The building includes elevators and is served by AEP power. The property sits on 0.04 acres of land and is zoned C2 (Allen County APN: 02-12-02-418-001.000-074). With 54 luxury apartments above, this location offers unparalleled access to a thriving residential community. This is an ideal space for businesses seeking a high-visibility location in the heart of Fort Wayne's dynamic downtown area. The multiple tenancy structure provides flexibility for various business models.
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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
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
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Risks
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