444 Coliseum BlvdFort Wayne, IN 46805

For Sale
$3,724,380

Prime location, high-traffic area, redevelopment opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional investment opportunity encompasses a 169,448-square-foot industrial and retail property located at 444 Coliseum Blvd W, Fort Wayne, Indiana, 46805. The property consists of three buildings constructed in 1950, 1972, and 1985, situated on a prime corner lot at a heavily trafficked intersection. The main building, formerly known as Roller Dome North, is complemented by two additional warehouse buildings located at 4515 and 4517 Industrial Road. The property is zoned I3 - Heavy Industrial and offers significant redevelopment potential given its location near numerous retail and industrial corridors, shopping centers, restaurants, and attractions. The asking price is $3,724,380, translating to $21.98 per square foot and $1,241,460 per unit. The property is currently vacant, offering a blank canvas for future development. A key feature is an existing leased billboard generating rental income. The Allen County property includes three separate APNs: 02-07-23-337-001.000-073, 02-07-23-377-002.000-073, and 02-07-23-377.000-073. This location benefits from established infrastructure and high visibility due to its proximity to major thoroughfares and a signalized intersection. This presents a unique chance to capitalize on a high-demand area with significant upside potential.

Highlights

  • $3,724,380 asking price for a 169,448 SF vacant storefront property.
  • Three buildings totaling 169,448 square feet, built in 1950, 1972, and 1985.
  • Located at 444 Coliseum Blvd W, Fort Wayne, IN 46805, with I3 - Heavy industrial zoning.
  • Prime location with high traffic counts and a signalized intersection.
  • Includes a leased billboard generating rental income.

Property Details for 444 Coliseum Blvd

Property type
Other retail properties, Individual retail properties
Square Feet
169,448 SF
Buildings
3
Units
3

Location Insight

City
Fort Wayne
County
Allen
State
Indiana
Latitude
41.118276514885
Longitude
-85.148755937703
444 Coliseum Blvd, Fort Wayne, Indiana

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444 Coliseum Blvd
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