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Re-development Opportunity - 200 Sixth Street 200 Sixth St 42,320 SF Flex Building Fort Wayne, IN 46808 $2,600,000 ($61.44/SF)

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INVESTMENT HIGHLIGHTS

  • Across the street from downtown's multi-million dollar Riverfront Redevelopment projects
  • Great potential for additional re-development or mixed-use opportunities
  • Beautifully remodeled in 2007 - numerous upgrades
  • Located in Opportunity Zone with tax advantages

EXECUTIVE SUMMARY

This beautiful building is located adjacent to the $100+ million Riverfront Park Redevelopment area currently underway, as well as the upcoming North River Fieldhouse Project slated for groundbreaking in 2026. These Redevelopment Projects strategically position Fort Wayne as a point of destination hosting multiple sporting activities and numerous community events, enhancing the city’s cultural landscape and generating a “potential $36million in economic activity”. The property is located in Fort Wayne’s Opportunity Zone offering great tax advantages to the Buyer. This historic building, widely recognized as the Colwell General Building, went through extensive remodeling in 2007, and because of its beauty and spaciousness, has unlimited potential for additional redevelopment opportunities. It could be retrofitted as retail, office, loft apartments, or any combination of mixed-use options. It has most recently been used for film and advertising productions along with major private events such as weddings and receptions. The property has the rare downtown advantage of onsite parking for 55 vehicles, and the sale price was recently greatly reduced.
FOR MORE INFORMATION ON THIS, AND ALL BND PROPERTIES, PLEASE VISIT OUR WEBSITE AT www.bnd.net/listings

PROPERTY FACTS

Price $2,600,000
Price Per SF $61.44
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Showroom
  • Showroom
Building Class B
Lot Size 1.25 AC
Rentable Building Area 42,320 SF
No. Stories 2
Year Built/Renovated 1898/2007
Parking Ratio 1.3/1,000 SF
Opportunity Zone Yes
Zoning I-2 - Mixed-use potential; retail; offices; loft apartments, etc.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 02-07-35-455-001.000-074
  • 02-07-35-453-007.000-074
  • 02-07-35-381-009.000-074
Land Assessment
$49,400
Improvements Assessment
$706,600
Total Assessment
$756,000
  • Listing ID: 30026078

  • Date on Market: 11/10/2023

  • Last Updated:

  • Address: 200 Sixth St, Fort Wayne, IN 46808

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