Catylist ID:
#30798005
| Catylist Listing ID: | 30798005 |
| Property Subtypes: | Mixed Use |
| Building Size (RSF): | 7,500 SF |
| Gross Land Area: | 1.17 SF |
| Sale Price: | $1,150,000 |
| Unit Price: | $153.33 PSF |
| Property Use Type: | Investment |
| Building Name: | 7605 Coldwater Rd Center |
| Class of Space: | Class A |
| Usable Size (USF): | 7,500 SF |
| Sale Terms: | Cash to Seller |
| Cap Rate: | Undisclosed |
| Last Updated: | 5/18/2022 |
Overview / Comments
|
• Upside potential investment with low market rent. • Located in a prime business and residential area on the northside of Fort Wayne near Coldwater Road and Cook Rd near Interstate 69 • Coldwater Road is a main artery leading to the rapidly expanding northside suburbs and is heavily traveled day and night. • Neighboring to Marathon Gas Station and near Dunkin Donuts, Dairy Queen, Burger Fi and other retail centers and • Neighboring to Marathon Gas Station and near Dunkin Donuts, Dairy Queen, Burger Fi and other retail centers and office buildings. • Recently renovated and updated with newly installed roof, repainted and updated parking lot. |
Additional Details
| Nearest MSA: | Fort Wayne |
| County: | Allen |
| Tax ID/APN: | 02-07-11-477-002.000-073 |
| Zoning: | C2 |
| Property Located Between: | Cook Road and Westfield Drive |
| Property Visibility: | Excellent |
| Highway Access: | 1/2 mile from I-69 |
| Airports: | Fort Wayne International Airport |
| Site Description: | • Upside potential investment with low market rent. • Located in a prime business and residential area on the northside of Fort Wayne near Coldwater Road and Cook Rd near Interstate 69 • Coldwater Road is a main artery leading to the rapidly expanding northside suburbs and is heavily traveled day and night. • Neighboring to Marathon Gas Station and near Dunkin Donuts, Dairy Queen, Burger Fi and other retail centers and • Neighboring to Marathon Gas Station and near Dunkin Donuts, Dairy Queen, Burger Fi and other retail centers and office buildings. • Recently renovated and updated with newly installed roof, repainted and updated parking lot. |
| Area Description: | • Upside potential investment with low market rent. • Located in a prime business and residential area on the northside of Fort Wayne near Coldwater Road and Cook Rd near Interstate 69 • Coldwater Road is a main artery leading to the rapidly expanding northside suburbs and is heavily traveled day and night. • Neighboring to Marathon Gas Station and near Dunkin Donuts, Dairy Queen, Burger Fi and other retail centers and • Neighboring to Marathon Gas Station and near Dunkin Donuts, Dairy Queen, Burger Fi and other retail centers and office buildings. • Recently renovated and updated with newly installed roof, repainted and updated parking lot. |
| Total Number of Buildings: | 1 |
| Number of Stories: | 1 |
| Year Built: | 2004 |
| Roof Type: | Flat |
| Construction/Siding: | Block |
| Parking Type: | Surface |
| Parking Description: | Surface parking on in front and sides of the building |
| Total Parking Spaces: | 41 |
| Zoning Description: | C2 |
| Lot Frontage: | 125 feet |
| Lot Depth: | 60 feet |
| Water Service: | Municipal |
| Sewer Type: | Municipal |
Demographic Statistics
| Proximity: | 1 mile | 3 miles | 5 miles |
|---|---|---|---|
| Total Population: | 12,515 | 60,802 | 156,402 |
| Median Age: | 36.19 | 35.32 | 35.74 |
| Households: | 5,074 | 25,222 | 62,608 |
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