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Investment Highlights

  • Pylon signage enhances visibility to passing traffic.
  • Convenient access to I-69 and major north Fort Wayne corridors.
  • Multi-tenant retail and office configuration supports diverse tenancy.
  • On-site parking serves customers, tenants, and employees.

Executive Summary

101 W Washington Center Rd offers investors and owner-users the opportunity to acquire a multi-tenant retail and retail-office asset positioned along Washington Center Road, one of Fort Wayne's established commercial corridors. Constructed in 1997 and situated on approximately 1.04 acres, the property benefits from frontage along a signalized intersection, pylon signage, and on-site parking that supports retail and service-oriented tenants.
The property is located within the Coldwater Road and Washington Center Road commercial district, an area characterized by a concentration of national retailers, restaurants, professional services, and residential neighborhoods. Its location provides convenient access to I-69 and major north Fort Wayne transportation routes, allowing customers, employees, and business owners to reach the property efficiently from throughout the metropolitan area.
The building's multi-tenant configuration creates flexibility for investors seeking in-place income as well as potential leasing upside. Available space provides future occupancy options for an owner-user or additional tenant growth. Fort Wayne continues to serve as northeastern Indiana's largest employment and population center, supporting a diverse economic base that includes healthcare, manufacturing, logistics, education, and professional services.
With established improvements, commercial zoning, parking, visibility, and accessibility, the property presents an opportunity to acquire a retail asset in a well-traveled commercial corridor with a mix of existing tenancy and future leasing potential.

Property Facts Under Contract

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
6,030 SF
Building Class
B
Year Built
1997
Price
$895,000
Price Per SF
$148.42
Percent Leased
58%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.04 AC
Zoning
SC - Shopping Center
Parking
50 Spaces (8.29 Spaces per 1,000 SF Leased)
Frontage
166’ on Washington Center Rd

Amenities

  • Pylon Sign
  • Signalized Intersection

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 2,546 SF
  • Retail
  • -
  • Now
Space Size Space Use Position Available
1st Floor 2,546 SF Retail - Now

1st Floor

Size
2,546 SF
Space Use
Retail
Position
-
Available
Now
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Factory Restaurant
Texas Roadhouse
First Merchants Bank
Steak ‘n Shake
Golden Corral
Red Lobster
IHOP
Crunch Fitness
Rent-A-Center
Flagstar Bank N.A.

Property Taxes

Property Taxes

Parcel Number
02-07-23-226-002.000-073
Land Assessment
$317,100
Improvements Assessment
$352,200
Total Assessment
$669,300
  • Listing ID: 39227911

  • Date on Market: 1/27/2026

  • Last Updated:

  • Address: 101 W Washington Center Rd, Fort Wayne, IN 46825

Contact the Sale Advisor

101 W Washington Center Rd

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