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Office Building 126 W Columbia St 22,000 SF 41% Leased Office Building Fort Wayne, IN 46802 $1,600,000 ($72.73/SF)
Investment Highlights
- Premier location on The Landing, completely remodeled, revamped downtown destination
- Existing Nawa tenant provides stable in-place income
- Property within walking distance of popular dining, financial & governmental offices, entertainment venues
Executive Summary
Beautiful, multi-level office space, located in the heart of downtown Fort Wayne on The Landing. This property offers a premier location within one of the city's most vibrant and walkable districts, surrounded by popular dining, entertainment, and historic architecture. The first floor and basement are occupied by Nawa, a well-known local restaurant featuring Asian cuisine, craft cocktails, and an upscale urban atmosphere. The existing tenancy provides stable in-place income while offering a unique opportunity for an owner-user or investor to complete and customize the upper floors to suit their specific vision and operational needs. Property is well suited for single or multi-tenant.
For more information on this, and all BND properties, please visit our website at www.bnd.net.
For more information on this, and all BND properties, please visit our website at www.bnd.net.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
22,000 SF
Building Class
B
Year Built/Renovated
1860/2017
Price
$1,600,000
Price Per SF
$72.73
Percent Leased
41%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
4,500 SF
Slab To Slab
11’
Building FAR
2.53
Lot Size
0.20 AC
Opportunity Zone
Yes
Zoning
DC - Designed to accommodate a blend of commercial and residential uses within a single development.
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Accommodation and Food Services
-
99,999 SF
- -
- -
The ownership partners in Nawa are all local, long-time residents of NE Indiana. They believe in sourcing their ingredients and services from local providers whenever practical. Nawa will bring another distinctive first-class option to downtown. They will complement the future Landing re-development and offer a diverse dining option for people visiting downtown and the new riverfront.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Accommodation and Food Services | 99,999 SF | - | - |
Moderately walkable
60/100
Moderately drivable
60/100
Some public transit
40/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 02-12-02-405-002.000-074 | Improvements Assessment | $1,055,000 |
| Land Assessment | $66,000 | Total Assessment | $1,121,000 |
Property Taxes
Parcel Number
02-12-02-405-002.000-074
Land Assessment
$66,000
Improvements Assessment
$1,055,000
Total Assessment
$1,121,000
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Office Building | 126 W Columbia St
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