2250 Lake AveFort Wayne, IN 46805

Property Details for 2250 Lake Ave

Year built

1972

Construction

WOOD

Lot size

1.23 AC

Property size (Sq ft)

15,400 SF

Property type

Office properties

Property subtype

Other office properties

APN

02-13-06-126-004.000-074

APU

21306126004000074

Description

This exceptional executive office suite, located at 2250 Lake Avenue, offers a prime location just minutes from downtown Fort Wayne, Allen County. Its strategic position directly across from the VA Hospital and near Parkview Hospital Randallia Drive Campus provides unparalleled convenience and high visibility. The property boasts ample parking, a significant advantage in this area, and is conveniently situated on a public bus route, ensuring easy accessibility for employees and clients. The building is equipped with cutting-edge FIOS Fiber Optics, providing reliable and high-speed internet connectivity, essential for modern businesses. Currently, one suite is available for lease, Suite 130, encompassing 403 square feet of well-designed office space. This is an ideal opportunity for a business seeking a professional, well-connected, and easily accessible location in a thriving area of Fort Wayne. The property is a multi-tenant building, offering a collaborative and dynamic work environment. The 0-acre lot provides ample space for parking and easy access to the building. This executive office space is perfect for a small business or professional needing a convenient and well-equipped workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $2,896,448

  6.5%

  $2,673,644

  7%

  $2,482,669

• Comparable approach

  Method

  Valuation

  Relative Method

  $303,226

  Geo Method

  $303,226

• Alternative Use

  Use

  Valuation

  Residential

  $3,315,318

  Hospitality

  $3,036,814

  Educational

  $2,526,593

  Medical

  $2,613,487

  Retail

  $3,930,256

Location Insight

City

Fort Wayne

County

Allen

State

Indiana

Latitude

41.0887

Longitude

-85.1092

CBSA code

23060

CBSA name

FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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