1506 Wall StFort Wayne, IN 46802

  • Warehouses
  • 11,703 SF
For Sale
$599,900 View listing

Property Details for 1506 Wall St

Year built
1918
Construction
WOOD
Lot size
0.24 AC
Property size (Sq ft)
11,703 SF
Property type
Warehouses
APN
02-12-10-256-001.000-074
APU
21210256001000074

Description

This exceptional redevelopment opportunity presents a 9,532 square foot, vacant, mixed-use building situated on a 0.24-acre lot at 1506 Wall Street in Fort Wayne, Indiana. Originally constructed in 1918 and extensively renovated in 2023, this two-story building boasts a 12-foot first-floor ceiling height and offers immense potential for various uses, including restaurant, retail, office, or even a multi-family conversion. The property features 12 parking spaces, a new parking lot, updated storm drainage, new insulated roofing, new windows, and upgraded utility services (gas, electric, sewer, and water). The building is zoned I3 and offers convenient rail service access. The asking price is $599,900, translating to $62.94 per square foot. The second floor has a sloped roof, presenting unique design possibilities. This property is a blank canvas for a creative entrepreneur or investor seeking a prime location in a vibrant area with potential for expansion and high returns. The vacant status allows for complete customization to suit any vision. This is a truly unique opportunity to acquire a substantial property in a desirable location with significant upside potential.

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.071
Longitude
-85.158
CBSA code
23060
CBSA name
FORT WAYNE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,561
$2,600
$92,400
$95,000
-
$2,600
$92,400
$95,000

FAQs

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