825 Barr StFort Wayne, IN 46802

Property Details for 825 Barr St

Year built

1886

Construction

TYPE NOT SPECIFIED

Lot size

0.09 AC

Property size (Sq ft)

15,216 SF

Property type

Office properties

Property subtype

Other office properties

APN

02-12-02-434-010.000-074

APU

21202434010000074

Description

This exceptional Class A office space, located in the heart of Allen County's Downtown Core submarket, offers 3,853 square feet of immediately available space within an 11,406 square foot building. Situated on the third floor of the prestigious DLZ building at the intersection of E Wayne St & S Barr St (APN: 02-12-02-434-010.000-074), this single-tenant property boasts a flexible layout ideal for a variety of professional uses, including architectural, engineering, or legal firms. The space features an open layout with existing private offices and large conference rooms, easily adaptable to suit specific needs. Minimum divisible space is 1,927 square feet, allowing for customization. Built in 1886, this three-story building offers a unique blend of historic charm and modern functionality. Amenities include a semi-furnished interior and a security system. The convenient location provides easy access to Citizens Square and the Courthouse, with numerous restaurants and a scenic park at the building entrance. The property sits on 0.09 acres and is zoned DC (Downtown Core). This is a rare opportunity to secure prime office space in a highly desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,861,840

  6.5%

  $2,641,699

  7%

  $2,453,006

• Comparable approach

  Method

  Valuation

  Relative Method

  $650,245

  Geo Method

  $299,603

• Alternative Use

  Use

  Valuation

  Residential

  $3,275,707

  Hospitality

  $3,000,530

  Educational

  $2,496,406

  Medical

  $2,582,261

  Retail

  $3,883,298

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

41.0791

Longitude

-85.1358

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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