1407 S Calhoun Street Fort Wayne, IN $ 795,000
1407 S Calhoun Street
$ 795,000
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1407 S Calhoun Street

Fort Wayne, IN, 46802
$ 795,000
Baths6.0 Sq 16,000

Monthly Estimate*

$ 5,553

1407 S Calhoun Street, Fort Wayne, IN 46802 - Image 1
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1407 S Calhoun Street, Fort Wayne, IN 46802 - Image 10
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Studio

Commercial Property for sale in Fort Wayne, IN

for $795,000 with 6 full baths. This 16,000 square foot building was built in 1900 on a lot size of 0.48.

Exceptional Downtown Investment Opportunity! Fort Wayne's rapid expansion presents a rare chance to be part of this thriving community. This income-generating property boasts a solid cap rate of 7%, with two of the three parcels currently leased. On one side, a spacious 4,500 sq ft bar and restaurant; next door, a substantial 10,000 sq ft industrial building awaits your vision for a versatile mixed-use development. Complete with two parking lots, and a mere 0.3 miles from Parkview Field and the Grand Wayne Center, this property is strategically positioned. Unlock boundless potential in the continuously flourishing Downtown District of Fort Wayne.

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Commercial Active

Price

$ 795,000

Bedrooms

Studio

Full Bath

6

Property Type

Commercial

Taxes

$ 6,044

Style

Mixed Use

Lot Size

0.48

Year Built

1900

Town/City

Fort Wayne

County/Region

Allen

MLS | Web ID

202339821

Features
General
Heating Baseboard Conventional Forced Air Multiple Heating Systems
Cooling Central Air
Ceiling Height 20ft
Roof Flat
Parking Yes Lot Paved Private Public Street
Sewer City
# of Buildings 2
Status Active Active
Bathrooms 6
Year Built 1900
New Construction No
Subdivision Hamilton(s)
Stories 2
Township Wayne
Class COMMERCIAL
Present Use Investment Property Vacant-Best for Owner/Usr
Type Mixed Use
Age 124
Inside City Limits Yes
Special Features 440 Volts Three Phase Basement Conveyor Delivery Door Office Space Public Restrooms Reception Area Cable
REO No
Area Allen County
Location Commercial Other
City Fort Wayne
Street Name Calhoun
Legal Description W 98.5 Ft Lot 68 Hamiltons 2nd Add W 98.5 Ft Lot 68 Hamiltons 2nd Add TBA
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202339821
Agent First Name Santino
Agent Last Name Zurzolo
DOM 187
Tax Year 2023
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Exterior
Road Access City
Exterior Brick Concrete Metal Stucco Asphalt Wood
Number of Parking Spaces 30
Lot Size Area 21208
Lot Dimensions 150X150
Parking Type Lot
Fence None
Waterfront Y/N No
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Interior
Flooring Mixed Vinyl Tile Wood Other Vinyl
Basement/Foundation Partial Basement
Walls Drywall Unfinished
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* Excluded Features
List By
Santino Zurzolo

Listing Agent

Impact Realty Llc

Broker

sznexthome@gmail.com

Email

Affordability Calculator

$6,057
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,553
Monthly Property Taxes
$504
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
1237469 Elementary School
1237627 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/30/2023$795,000 Listed Price

Map


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1407 S Calhoun Street, Fort Wayne, IN, 46802 is a Commercial Property for sale at $795,000 with 16,000 sqft and a lot size of 0.48. 1407 S Calhoun Street is a studio with 6.0 baths and was built in 1900. The property's zip code is 46802 which is in Fort Wayne, IN