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Mariah Cressy

mariahcressy@cressyeverett.com +1(574) 339-4941

Listed by Coldwell Banker Real Estate Group

$789,900

Est. payment - /mo

4 Baths

1.78 Acres Lot

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Key Details

Property Type Commercial

Sub Type Restaurant

Listing Status Pending

Purchase Type For Sale

MLS Listing ID IRM202606088

HOA Y/N No

Year Built 1940

Annual Tax Amount $1,800

Tax Year 24

Lot Size 1.780 Acres

Acres 1.78

Lot Dimensions Irregular

Property Sub-Type Restaurant

Property Description

Unique opportunity to acquire a 1.27-acre C2 zoned property featuring both a 2,947 SF restaurant/bar and a 2,736 SF, 4-bedroom residential home, all positioned at 7405/7409 Wayne Trace in Fort Wayne, Indiana. The commercial building operates as an income-producing bar/restaurant, while the residential home offers additional rental income or owner-occupant flexibility. The home has received recent updates including renovated kitchen and bathrooms, and both the house and bar feature new roofs, reducing near-term capital expenses. Strategically located next to the new Google Data Center, this property is ideally positioned to benefit from continued area growth, increased employment density, and long-term appreciation. Zoned C2, the site allows for a wide range of commercial uses, offering investors future redevelopment potential or owner/users the ability to operate their business while generating supplemental income from the residence. This is a rare mixed-use opportunity combining stable income, with some updates already completed/ room for value add, and strong upside potential in a rapidly expanding corridor.

Location

State IN

County Allen County

Zoning Commercial

Rooms

Basement Full

Interior

Heating Gas, Forced Air

Inclusions Building, Business, Furniture, Land, Inventory, License Included

Fireplace N

Exterior

Parking Features Parking Lot, Paved

View Y/N true

Building

Sewer Public Sewer

Water Well

New Construction Yes

Others

Pets Allowed No

Tax ID 02-13-33-102-001.000-039

Acceptable Financing IRM202606088

Listing Terms IRM202606088

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202606088

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Mariah Cressy

+1(574) 339-4941

Broker

7405/7409 Wayne TRCE Fort Wayne, IN 46816

Mariah Cressy

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby Locations

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