For Sale
$275,000

620 Calhoun St Fort Wayne, IN 46802

Historic building, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
137
This unique mixed-use property, located at 620 S Calhoun Street, Ste 301, Fort Wayne, Indiana, presents a compelling redevelopment opportunity. The 1,602 square foot space occupies the third floor of a beautiful brick historic building, situated just steps from the Historic Landing in the Downtown Core zone. This single-unit property, built in 1885, features a 14-foot ceiling height and boasts a generous rooftop terrace. The building has undergone some recent improvements, including the installation of new water lines and individual electrical service for each floor. Natural gas is available on the first floor and could be extended to the upper floors. The property sits on a 0.06-acre lot and is currently classified as Class B. A private entrance leads to the second and third floors, offering flexibility for either residential or commercial use. This listing is for the third floor only; however, the entire building is also available for purchase. The lease term is 10 years with 5 years remaining. The asking price is $275,000. All measurements should be verified by the buyer. Property taxes are estimated. Earnest money will be held by the title company. This is a rare chance to acquire a piece of Fort Wayne's history and shape its future.

Highlights

  • $275,000 asking price for a mixed-use redevelopment opportunity.
  • 1,602 square foot, one-unit property in a historic Downtown Core building.
  • Located at 620 S Calhoun Street, Ste 301, Fort Wayne, IN 46802.
  • 1885-built, one-story, Class B building on a 0.06-acre lot with 14-foot ceilings.
  • Features a private entrance and rooftop terrace; new water lines and individual electrical service for each floor.
  • Five years remaining on a 10-year lease.

Property Details for 620 Calhoun St

Property type
Specialty properties, Retail properties
Square Feet
1,602 SF
Class
B
Year Built
1885
Buildings
1
Stories
1
Lot Size (sq. ft)
2,614 SF
Units
1

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.0806737
Longitude
-85.1403141

FAQs

What type of property is this?
Specialty property - Historic building, redevelopment opportunity.
Where is the specialty property located?
The property is located at 620 Calhoun St Fort Wayne, IN.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: $275,000 asking price for a mixed-use redevelopment opportunity.; 1,602 square foot, one-unit property in a historic Downtown Core building.; Located at 620 S Calhoun Street, Ste 301, Fort Wayne, IN 46802.
How can I contact the broker?
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620 Calhoun St
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