10101 Schwartz RdFort Wayne, IN 46835

Property Details for 10101 Schwartz Rd

Year built

1993

Lot size

3.11 AC

Property size (Sq ft)

4,400 SF

Property type

Retail properties

Description

This exceptional opportunity encompasses a thriving, established pet grooming and boarding business, "Wigglebutz," situated on a 3.11-acre lot in Fort Wayne, Indiana. The sale includes two buildings: a 2,048 sq ft, four-bedroom, 2.5-bathroom home with a full unfinished basement, and a 2,280 sq ft outbuilding housing the business. Recent significant improvements include a new roof, $63,000 cement driveway and parking lot (10 spaces), and a $150,000 sewer line installation. The property also features a new deck (approx. $10,000 investment), a well with owned water softener, and backup generators for both buildings. The business boasts over 3,000 customers, exceeding $500,000 in annual sales, and employs six staff members. All equipment, including 80 animal cages and 26 kennels, is included. The property is zoned A1 with a variance for a dog kennel. Financial records are meticulously maintained using QuickBooks. This turnkey operation presents a unique opportunity for owner-operators seeking a profitable, established business with significant growth potential. The asking price is $970,000, reflecting a 14.43% cap rate and $220.45 per square foot. The property is currently 100% occupied.

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

41.1782

Longitude

-85.0075

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