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Historic Mixed Use - Seller Financing 1916-1924 S Calhoun St 24,274 SF Retail Building Fort Wayne, IN 46802 $998,500 ($41.13/SF)
Investment Highlights
- Located in the Historic South Calhoun Corridor with a unique combination of original features and modern utility
- 2 off street stairwell entrances for upstairs office / residential with original finishes, door jams, pocket doors.
- Full Architectural, structural, code adaptation, and asbestos assessment completed by Design Collaborative. Phase 1 completed by SES Environmental
- Opportunity Zone district with façade grant opportunities
- 14,424 sqft warehouse addition completed in 1999
- Adjacent .17 acre gated lot available to be purchased separately (1921 S Calhoun St)
Executive Summary
Positioned in the Historic South Calhoun Corridor, this mixed-use retail and warehouse property offers a rare combination of original character and modern utility. The historic storefront retains authentic period details (original finishes, door jams, and pocket doors) while a 14,424 SF warehouse addition, completed in 1999, provides functional, flexible space for warehousing, distribution, or light industrial use.
Two off-street stairwell entrances provide independent access to the upstairs space, creating a clear path for office or residential conversion above active ground-floor retail. Buyers benefit from significant due diligence already in hand: a full architectural, structural, code adaptation, and asbestos assessment completed by Design Collaborative, plus a Phase I environmental assessment completed by SES Environmental.
Located within an Opportunity Zone district and eligible for façade grant opportunities, the property offers meaningful tax and redevelopment incentives for investors and owner-users alike. An adjacent .17-acre gated lot (1921 S. Calhoun St.) is available for separate purchase, adding secured parking or outdoor storage potential. Seller financing is available with acceptable offers.
Two off-street stairwell entrances provide independent access to the upstairs space, creating a clear path for office or residential conversion above active ground-floor retail. Buyers benefit from significant due diligence already in hand: a full architectural, structural, code adaptation, and asbestos assessment completed by Design Collaborative, plus a Phase I environmental assessment completed by SES Environmental.
Located within an Opportunity Zone district and eligible for façade grant opportunities, the property offers meaningful tax and redevelopment incentives for investors and owner-users alike. An adjacent .17-acre gated lot (1921 S. Calhoun St.) is available for separate purchase, adding secured parking or outdoor storage potential. Seller financing is available with acceptable offers.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
24,274 SF
Building Class
C
Year Built/Renovated
1895/1999
Price
$998,500
Price Per SF
$41.13
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.56 AC
Opportunity Zone
Yes
Zoning
C3 - C3 Zoned with proposed rezoning to Urban Corridor
Parking
30 Spaces (1.24 Spaces per 1,000 SF Leased)
Frontage
163’ on Calhoun St
Amenities
- Controlled Access
- Fenced Lot
- Mezzanine
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 02-12-11-261-013.000-074 | Improvements Assessment | $270,900 |
| Land Assessment | $36,600 | Total Assessment | $307,500 |
Property Taxes
Parcel Number
02-12-11-261-013.000-074
Land Assessment
$36,600
Improvements Assessment
$270,900
Total Assessment
$307,500
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Historic Mixed Use - Seller Financing | 1916-1924 S Calhoun St