Catylist ID:
#30843675
| Catylist Listing ID: | 30843675 |
| Property Subtypes: | Street Retail |
| Building Size (RSF): | 59,979 SF |
| Gross Land Area: | 4 Acres |
| Sale Price: | $4,900,000 |
| Unit Price: | $81.70 PSF |
| Property Use Type: | Investment |
| Building Name: | Jefferson Crossing |
| Usable Size (USF): | 900 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 9/20/2023 |
Overview / Comments
|
MOTIVATED SELLER | PRICE REDUCED! 3 Million dollars in recent updates to the property Lots of foot traffic due to the mix of anchor tenants High-traffic area in affluent southwest Fort Wayne 700 feet of frontage on W. Jefferson Blvd. 12 new rooftop units installed in 2019 New roof in 2018 Parking lot repaved in 2018 Average household income is over $75,000 |
Attachments & Media
Additional Details
| Nearest MSA: | Fort Wayne |
| County: | Allen |
| Tax ID/APN: | 021218129002000076 |
| Zoning: | COMMERCIAL |
| Retail Clientele: | General, Family, Business, Recreation |
| Property Located Between: | Getz Rd |
| Property Visibility: | Good |
| Largest Nearby Street: | W. Jefferson Blvd. |
| Feet of Frontage: | 700 |
| Traffic/Vehicle Count: | 33,458 |
| Highway Access: | US 24 |
| Area Description: | Desired southwest location |
| Tenancy: | Multiple Tenants |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Property Condition: | Good |
| Year Built: | 1977 |
| Year Renovated: | 2016 |
| Construction/Siding: | Block |
| Parking Type: | Surface |
| Parking Description: | Common |
| Heat Type: | Natural Gas |
| Heat Source: | Central |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
| Easements: | Utilities |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 6,261 | 45,167 | 119,668 |
| Median Age: | 38.64 | 37.99 | 35.58 |
| Households: | 3,081 | 18,697 | 48,400 |
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