Unique opportunity to acquire a 1.27-acre C2 zoned property featuring both a 2,947 SF restaurant/bar and a 2,736 SF, 4-bedroom residential home, all positioned at 7405/7409 Wayne Trace in Fort Wayne, Indiana. The commercial building operates as an income-producing bar/restaurant, while the residential home offers additional rental income owner-occupant flexibility, or Multifamily redevelopment. The home has received recent updates including renovated kitchen and bathrooms, and both the house and bar feature new roofs, reducing near-term capital expenses. Strategically located next to the new Google Data Center, this property is ideally positioned to benefit from continued area growth, increased employment density, and long-term appreciation. Zoned C2, the site allows for a wide range of commercial uses, offering investors future redevelopment potential or owner/users the ability to operate their business while generating supplemental income from the residence. This is a rare mixed-use opportunity combining stable income, with some updates already completed/ room for value add, and strong upside potential in a rapidly expanding corridor.
Listed By
Agency Name: Coldwell Banker Real Estate Group
Agency Contact: Cell: 317-448-8852
Agent Name: Jacob Wagner
Shown By
Agency Title: Coldwell Banker 1st Choice
Agency Phone: (219) 324-2121
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7405/7409 Wayne Trace | MLS# 202606096
This single family home located at 7405/7409 Wayne Trace, Fort Wayne, IN 46816 is currently listed for sale with an asking price of $789,900. This property was built in 1920 and has 4 bedrooms and 1 full and 1 partial baths with 1824 sq. ft. 7405/7409 Wayne Trace is located within the East Allen County school district. Search Fort Wayne real estate on www.coldwellbanker1stchoice.com today.