701 Clinton St Fort Wayne, IN 46802
- Office Properties & Spaces
- 30,000 SF
- 0.17 lot acres
Current Use by Public Records
- Hard Money Lenders Fort Wayne IN / Mortgage Lender
- Edison Electricians / Electrician
- HD Marketing & Design / Website Designer / Marketing Agency
- Gibson Law Office / Law Firm
- Chrzan Law / Trial Attorney / Family Law Attorney
Property Details for 701 Clinton St
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 0.17 lot acres
- Property size
- 30,000 SF
- Property type
- Office Properties & Spaces
- APN
- 02-12-02-428-001.000-074
- APU
- 21202428001000074
Description
This iconic three-story, 20,479 square foot Journal-Gazette Building, listed on the National Register of Historic Places, offers a unique opportunity for businesses seeking a prime downtown Fort Wayne location. Built in 1928, this Class B building boasts a blend of historic charm and modern functionality. The property features a single personal elevator servicing all three floors. Multiple tenancy options are available, ranging from a minimum of 708 square feet to a maximum contiguous space of 5,231 square feet
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,185,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $955,000
- 6.5%
- $855,000
- 7%
- $955,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $965,000
- Geo Method
- $1,050,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $810,000
- Retail
- $1,035,000
- Mixed-Use
- $870,000
- Hospitality
- $1,035,000
- Educational
- $995,000
- Residential Income
- $1,045,000
- Energy
- $1,005,000
- Income-Based Land
- $1,085,000
- Food Service
- $1,090,000
Location Insight
- Map
- Local Demand
- City
- Fort Wayne
- County
- Allen
- State
- Indiana
- Longitude
- -85.138
- Latitude
- 41.0803
- CBSA code
- 23060
- CBSA name
- FORT WAYNE, IN METROPOLITAN STATISTICAL AREA