2018 Fairfield Avenue
Retail-Commercial
for Sale
| Catylist Listing ID: |
30855943 |
| Property Subtypes: |
Restaurant, Retail-Pad, Street Retail, Tavern/Bar/Nightclub, Other
|
| Building Size (RSF): |
2,793 SF
|
| Gross Land Area: |
0.07 Acres
|
| Sale Price: |
$350,000 |
| Unit Price: |
$125.31 PSF |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Vacant/Owner-User |
| Usable Size (USF): |
2,793 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
9/18/2023 |
Overview / Comments
Unique offering for Investor or Owner/User in downtown Fort Wayne only minutes from new Electric Works Campus project, Promenade Park, Parkview Baseball Field, as well as all downtown restaurants and amenities. This 2,793 SF building has been completely redeveloped with new roof, thermal pane glass windows, HVAC and central air systems, high capacity hot water heater, electrical and fire alarm systems, polished concrete floors, remodeled bathrooms and new kitchenette. Exterior facade completely updated as well. Most recent tenant had a nail and hair salon (no equipment included), and space meets all current code requirements for a similar type salon. Neighboring businesses include Shigs ‘n Pit BBQ Restaurant and Euphoric Salon and Spa. Property is located in the Opportunity Zone and is eligible for SEED tax incentives and benefits.
See our listing at 2020-2030 Fairfield for additional adjacent buildings available for SALE as well.
|
Additional Details
| Nearest MSA: |
Fort Wayne |
| County: |
Allen |
| Tax ID/APN: |
02-12-11-327-023.000-074 |
| Zoning: |
C-3 |
| Retail Clientele: |
General, Family, Business, Other |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Taylor Street |
| Feet of Frontage: |
21 |
| Traffic/Vehicle Count: |
11,350 |
| Tenancy: |
Single Tenant |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
2,793 SF |
| Property Condition: |
Excellent |
| Year Built: |
1950 |
| Year Renovated: |
2021 |
| Roof Type: |
Flat |
| Construction/Siding: |
Brick |
| Parking Type: |
Other |
| Parking Description: |
street parking |
| Lot Frontage: |
21 |
| Lot Depth: |
144 |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
17,962 |
105,003 |
181,775 |
| Median Age: |
31.32 |
32.48 |
33.93 |
| Households: |
6,896 |
40,568 |
73,845 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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