4028 Coldwater Road

Retail-Commercial for Sale
Catylist Listing ID: 30183090
Property Subtypes: Free-Standing Building, Garden Center, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Vehicle Related, Other
Building Size (RSF): 4,410 SF
Gross Land Area: 0.87 Acres
Sale Price: $680,000
Unit Price: $154.20 PSF
Property Use Type: Vacant/Owner-User
Building Name: Tuffy Auto
Usable Size (USF): 4,410 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/26/2021

Overview / Comments

OWNER/USER OR REDEVELOPMENT OPPORTUNITY at this highly visible location on major north/south street and directly across from Glenbrook Square Mall on Coldwater Road. Less than 1/2 block from Fort Wayne's busiest intersection of Coldwater and Coliseum Blvd. Traffic counts of over 43,000 VPD Zoning of I-1 allows many possible uses such as retail, restaurant, coffee shop, etc. along with prominent pylon signage with changeable wording panels. Paved parking for 32 vehicles. Burkhart billboard and existing equipment are NOT included in sale.

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Taxing Authority: Allen County
Tax ID/APN: 02-07-25-151-003.000-073
Zoning: I-1
Retail Clientele: General, Family, Business, Traveler, Other
Property Visibility: Excellent
Largest Nearby Street: Coliseum Blvd.
Feet of Frontage: 140
Traffic/Vehicle Count: 43,300
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1994
Year Renovated: 2015
Roof Type: Flat
Construction/Siding: Concrete, Steel Frame
Total Parking Spaces: 32
Parking Type: Surface
Lot Frontage: 140
Lot Depth: 271
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,712 78,850 182,289
Median Age: 33.44 33.8 34.14
Households: 5,094 33,371 73,283

Contact

Photograph of Listing Agent

David W. Nugent

BND Commercial, LLC ICREX Member
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