701 Clinton StFort Wayne, IN 46802

Property Details for 701 Clinton St

Year built

1900

Construction

WOOD

Lot size

0.17 AC

Property size (Sq ft)

30,000 SF

Property type

Office properties

Property subtype

Other office properties

APN

02-12-02-428-001.000-074

APU

21202428001000074

Description

This iconic three-story, 20,479 square foot Journal-Gazette Building, listed on the National Register of Historic Places, offers a unique opportunity for businesses seeking a prime downtown Fort Wayne location. Built in 1928, this Class B building boasts a blend of historic charm and modern functionality. The property features a single personal elevator servicing all three floors. Multiple tenancy options are available, ranging from a minimum of 708 square feet to a maximum contiguous space of 5,231 square feet

• CAP approach

  CAP return

  Valuation

  6%

  $5,642,430

  6.5%

  $5,208,397

  7%

  $4,836,368

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,282,062

  Geo Method

  $590,700

• Alternative Use

  Use

  Valuation

  Residential

  $6,458,412

  Hospitality

  $5,915,871

  Educational

  $4,921,935

  Medical

  $5,091,208

  Retail

  $7,656,344

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

41.0803

Longitude

-85.138

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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