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In-PersonVirtual Tour
$ 789,900
Est. payment | /mo
1.78 Acres Lot
$ 789,900
Est. payment | /mo
1.78 Acres Lot
Key Details
Property Type Commercial
Sub Type Restaurant/Bar
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202606088
Year Built 1940
Annual Tax Amount $1,800
Lot Size 1.780 Acres
Property Sub-Type Restaurant/Bar
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
Area Allen County
Zoning C2
Direction Heading east on I-469, Left onto Marion Center Road, then roundabout to Wayne Trace Rd. Property on right
Interior
Flooring Carpet, Laminate, Vinyl Tile, Wood
Appliance Building, Business, Furniture, Land, Inventory, License Included
Exterior
Roof Type Asphalt,Flat
Building
Story 2
New Construction Yes
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202606088
IDX information provided by the Indiana Regional MLS
Listed by Jacob Wagner • Coldwell Banker Real Estate Group • Cell: 317-448-8852
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