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101 W Washington Center Rd 6,030 SF 58% Leased Retail Building Fort Wayne, IN 46825 $895,000 ($148.42/SF)



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.
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
Property Taxes
| Parcel Number | 02-07-23-226-002.000-073 | Improvements Assessment | $352,200 |
| Land Assessment | $317,100 | Total Assessment | $669,300 |
Property Taxes
Parcel Number
02-07-23-226-002.000-073
Land Assessment
$317,100
Improvements Assessment
$352,200
Total Assessment
$669,300
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101 W Washington Center Rd
