1820 Coliseum BlvdFort Wayne, IN 46805

Property Details for 1820 Coliseum Blvd

Year built

1977

Construction

TYPE NOT SPECIFIED

Lot size

1.32 AC

Property size (Sq ft)

8,147 SF

Property type

Retail space

APN

02-08-32-452-001.000-072

APU

20832452001000072

Description

This exceptional 3,716 square foot executive office space is available for lease at 1820 N. Coliseum Blvd in Fort Wayne, Indiana. The property, built in 1977, is a single-tenant building classified as Class B and features a convenient C-2 zoning designation. The entire 3,716 square feet is currently vacant, offering a unique opportunity for a business seeking a substantial and readily available space. The building sits on a single lot with a total of 43 parking spaces, ensuring ample parking for employees and clients. Its strategic location off Coliseum Boulevard, between State Street and Lake Avenue, provides easy access to downtown Fort Wayne, New Haven, Georgetown, and the area's higher education institutions. The surrounding area boasts a vibrant mix of restaurants, retail shops, banking facilities, and medical services, creating a convenient and attractive environment for businesses and employees. The Allen County property (APN: 020832452001000072) presents a compelling opportunity for businesses seeking a well-located, spacious, and readily available executive office space.

• CAP approach

  CAP return

  Valuation

  6%

  $2,252,475

  6.5%

  $2,079,208

  7%

  $1,930,693

• Comparable approach

  Method

  Valuation

  Relative Method

  $640,741

  Geo Method

  $404,244

• Alternative Use

  Use

  Valuation

  Residential

  $1,753,890

  Hospitality

  $1,606,553

  Educational

  $1,336,634

  Medical

  $1,382,602

  Retail

  $2,079,208

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

41.0939

Longitude

-85.0875

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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