7405/7409 Wayne TRCE, Fort Wayne, IN 46816
7405/7409 Wayne TRCE, Fort Wayne, IN 46816
7405/7409 Wayne TRCE, Fort Wayne, IN 46816
19
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Listed by Jacob Wagner • Coldwell Banker Real Estate Group • Cell: 317-448-8852
$789,900
Est. payment /mo
4 Beds
2 Baths
1,824 SqFt
Active

7405/7409 Wayne TRCE Fort Wayne, IN 46816

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Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,824 sqft

MLS Listing ID IRM202606096

Style Ranch

Bedrooms 4

Full Baths 1

Half Baths 1

HOA Y/N No

Year Built 1920

Annual Tax Amount $1,800

Tax Year 24

Lot Size 1.780 Acres

Acres 1.78

Lot Dimensions Irregular

Property Sub-Type Site-Built Home

Property Description

Unique opportunity to acquire a 1.27-acre C2 zoned property featuring both a 2,947 SF restaurant/bar and a 2,736 SF, 4-bedroom residential home, all positioned at 7405/7409 Wayne Trace in Fort Wayne, Indiana. The commercial building operates as an income-producing bar/restaurant, while the residential home offers additional rental income owner-occupant flexibility, or Multifamily redevelopment. The home has received recent updates including renovated kitchen and bathrooms, and both the house and bar feature new roofs, reducing near-term capital expenses. Strategically located next to the new Google Data Center, this property is ideally positioned to benefit from continued area growth, increased employment density, and long-term appreciation. Zoned C2, the site allows for a wide range of commercial uses, offering investors future redevelopment potential or owner/users the ability to operate their business while generating supplemental income from the residence. This is a rare mixed-use opportunity combining stable income, with some updates already completed/ room for value add, and strong upside potential in a rapidly expanding corridor.

Location

State IN

Rooms

Basement Full, Outside Entrance

Interior

Heating Gas, Forced Air

Inclusions Dishwasher, Refrigerator, Washer

Fireplace N

Exterior

Garage Spaces 2.0

View Y/N true

Building

Lot Description Corner Lot, 0-2.9999

Story Two

Sewer Public Sewer

Water Well

Level or Stories Two

New Construction No

Schools

Elementary Schools Southwick

Middle Schools Paul Harding

High Schools New Haven

School District East Allen County

Others

Pets Allowed No

Tax ID 02-13-33-102-001.000-039

Acceptable Financing IRM202606096

Listing Terms IRM202606096

Special Listing Condition None

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202606096


Indiana Regional MLS (IRMLS)

NEARBY SCHOOL & BUSINESS

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Timothy Vicsik

Timothy Vicsik

Broker Associate RB14051798

+1(574) 329-9587

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7405/7409 Wayne TRCE

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