For Sale
$325,000

9720 Bluffton Rd Fort Wayne, IN 46809

$325K, 2 Units, High Potential

Overview

Added:
Dec 11, 2024
Days on market:
135
This versatile Fort Wayne property presents a unique investment opportunity. Situated on a sizable 1.23-acre lot (potentially divisible), this property currently operates as a two-unit duplex with 2,200 square feet of net rentable space. Built in 1954, the two-story building has undergone significant renovations in 2020, 2021, and 2022. The property boasts a 50% occupancy rate and offers three parking spaces per unit. The zoning is I2, allowing for a multitude of uses. The 0.5-acre lot north of the duplex is available for separate sale, presenting further development potential. City water and sewer are readily available. The 9-foot ceiling height in the existing structure adds to its adaptability. This property is ideal for owner-users seeking a blend of residential and commercial potential, or for developers looking to capitalize on the flexible zoning and large lot size. The seller is open to negotiating price, lot size, and investment options, making this a highly attractive proposition for a variety of buyers. The property is located at 9720 Bluffton Rd, Fort Wayne, IN 46809.

Highlights

  • $325,000 asking price.
  • Industrial, land, and multifamily property.
  • 2,200 square feet net rentable area.
  • 50% occupancy.
  • Two units, three parking spaces per unit.
  • 1954 construction with renovations in 2020, 2021, and 2022.

Property Details for 9720 Bluffton Rd

Property type
Land, Industrial properties
Year Built
1954
Buildings
1
Stories
2
Lot Size (sq. ft)
19,602 SF
Units
2

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
40.99540226963
Longitude
-85.168581526981

FAQs

What type of property is this?
Land - $325K, 2 Units, High Potential
Where is the land located?
The property is located at 9720 Bluffton Rd Fort Wayne, IN.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: $325,000 asking price.; Industrial, land, and multifamily property.; 2,200 square feet net rentable area.
How can I contact the broker?
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9720 Bluffton Rd
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