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Investment Highlights
- Freestanding building in turnkey condition, situated on a corner lot (State Blvd. & Cass St.)
- Close proximity to Pizza King and Walgreens, as well as development activity along Wells St. and Downtown
- Lease Rate : $11.00 SF/yr NNN
- Located along heavily-trafficked State Blvd. (16,406 VPD) with two exterior signs in place
- Recent improvements include new overhead doors, TPO roof, showroom floors, furnace, ADA accessible restroom, concrete in parking lot and LED lighting
- Sale Price: $605,000
Executive Summary
Discover an exceptional opportunity with this 4,380 SF freestanding building located at 301 W. State Blvd., Fort Wayne, IN. Zoned C2/General commercial, this property is superbly positioned with quick access to Downtown Fort Wayne and boasts a unique corner lot presence at State Blvd. & Cass St. With a prime location along the bustling State Blvd. (16,406 VPD) and close proximity to prominent businesses, this property is primed for retail success. Recent upgrades including new overhead doors, TPO roof, showroom floors, furnace, ADA accessible restroom and LED lighting make it move-in ready. The versatile layout offers a large open showroom, offices, reception area, garage bays, restroom and additional storage. With a lease rate of $11.00 SF/yr and a sale price of $605,000, this property provides an excellent opportunity for businesses seeking a high-traffic location in Fort Wayne.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,380 SF
Building Class
C
Year Built
1950
Price
$834,095 CAD
Price Per SF
$190.43 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.40
Lot Size
0.25 AC
Opportunity Zone
Yes
Zoning
C2/General Commercial
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 4,380 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,380 SF | Retail | - | Now |
1st Floor
| Size |
| 4,380 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-07-35-328-025.000-074 | Improvements Assessment | $107,950 CAD |
| Land Assessment | $44,255 CAD | Total Assessment | $152,205 CAD |
Property Taxes
Parcel Number
02-07-35-328-025.000-074
Land Assessment
$44,255 CAD
Improvements Assessment
$107,950 CAD
Total Assessment
$152,205 CAD
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301 W State Blvd
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