220 Wallace StFort Wayne, IN 46803

For Sale
$835,000

Prime location, fully renovated, high-traffic area.

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional commercial property, located at 220 E. Wallace St in Fort Wayne, Indiana, presents a unique investment opportunity. The 13,423 square foot space, situated on a 0.5-acre lot (APN 02-12-11-282-010.000-074), is comprised of two single-story buildings. Recently renovated in 2017 and 2023, including new roofs, the property boasts both indoor and outdoor dining areas, a private event space overlooking a former distillery/production area, a charming courtyard, and a covered patio with an open-air lounge. Currently configured as a bar and restaurant, the property's I-2 and C-2 zoning allows for a wide range of potential uses. Built in 1925, this Class B retail space offers a compelling blend of historic charm and modern amenities. The asking price is $835,000, translating to $62.21 per square foot. This high-traffic location near downtown Fort Wayne offers significant potential for a variety of businesses. The property's recent renovations and flexible zoning make it an ideal investment for discerning buyers seeking a turn-key operation or a blank canvas for their entrepreneurial vision.

Highlights

  • Stunningly renovated property.
  • Flexible zoning allows for diverse uses.

Property Details for 220 Wallace St

Property type
Other retail properties, Individual retail properties
Square Feet
13,423 SF
Class
B
Year Built
1925
Buildings
2
Stories
1
Lot Size (sq. ft)
21,780 SF

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.069134029269
Longitude
-85.135754868358
220 Wallace St, Fort Wayne, Indiana

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220 Wallace St
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