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7405/7409 Wayne Trace
Fort Wayne, IN 46816

$789,900 - Status: Active
Beds: 4
Baths: 1 full 1 partial
SQFT: 1,824
MLS# 202606096

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.

Property Features

MLS#: 202606096
Zip: 46816
Subdivision:
Development: Adams
Property Type: Residential - Single Family
Basement: Yes
Basement: Full Basement, Outside Entrance
Cooling: Central Air
Days on Site: 71
Garage: 2 car attached
Heating: Gas, Forced Air
Home Style: Ranch
Lot Size: 1.78 acres
Stories: 2.0
Taxes: $1,800
Year Built: 1920

Feature Descriptions

Above Grade Finished SQFT: 1824
Exterior: Vinyl
Garage SQFT: 504
Lot Description: Corner, 0-2.9999
Lot Dimensions: Irregular
Number of Rooms: 8
Sale Inclusions: Dishwasher, Refrigerator, Washer
Sewer: City
Total Finished SQFT: 1824
Water: Well

Room Sizes

Bedroom 1: 11x15 Level - Upper
Bedroom 2: 12x13 Level - Upper
Bedroom 3: 10x10 Level - Upper
Bedroom 4: 14x8 Level - Upper
Dining Room: 12x12 Level - Main
Family Room: 10x10 Level - Main
Kitchen: 14x15 Level - Main
Living Room: 15x15

Local Schools

High School: New Haven
Middle School: Paul Harding
Elementary School: Southwick
School District: East Allen County

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.

Listed By / Shown By

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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IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS

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