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Executive Summary

Introducing a prime investment opportunity in Fort Wayne, IN. This impressive property boasts a 36,533 square foot building with 5 units, ideal for industrial or office showroom use. Built in 1956, it is thoughtfully zoned for both C3 and I1, catering to a range of business needs. Strategically positioned in the industrial area, this property offers 100% occupancy, providing immediate income potential for savvy investors. With its solid infrastructure and desirable features, this property presents a compelling proposition for those seeking a lucrative addition to their commercial real estate portfolio in the bustling Fort Wayne market.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Taxes $17,840 $0.47
Operating Expenses - -
Total Expenses $17,840 $0.47

Financial Summary (Actual - 2024)

Taxes (CAD)
Annual $17,840
Annual Per SF $0.47
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $17,840
Annual Per SF $0.47

Property Facts

Price $5,481,640 CAD
Price Per SF $150.05 CAD
Sale Type Investment
Cap Rate 7.50%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class B
Lot Size 4.66 AC
Rentable Building Area 36,533 SF
No. Stories 1
Year Built 1956
Parking Ratio 2.38/1,000 SF
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Zoning CM3

Utilities

  • Lighting
  • Water - City
  • Sewer - City
  • Heating

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Dmj Solutions, Inc.
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Myers Properties, LLC
  • Real Estate
  • -
  • -
  • -
  • Manufacturing
  • -
  • -
  • -

Sherwin-Williams began in 1866 when Henry Sherwin and Edward Williams opened a paint store in Cleveland, Ohio. The company expanded nationally through the late 19th century by establishing manufacturing facilities. Their business model includes three segments: Paint Stores Group for contractors, Consumer Brands Group for retail sales, and Performance Coatings Group serving industrial markets. The company operates in both professional and DIY markets through company-owned stores and third-party distributors.

Tenant Industry SF Occupied Rent/SF Lease End
Dmj Solutions, Inc. Professional, Scientific, and Technical Services - - -
Myers Properties, LLC Real Estate - - -
Manufacturing - - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
02-07-26-427-016.000-073
Land Assessment
$322,383 CAD (2025)
Improvements Assessment
$402,497 CAD (2025)
Total Assessment
$724,881 CAD (2025)
Annual Taxes
$17,840 CAD ($0.49 CAD/SF)
Tax Year
2024
  • Listing ID: 38285915

  • Date on Market: 2025-10-31

  • Last Updated:

  • Address: 3427 N Clinton St, Fort Wayne, IN 46805

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