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Commercial/Warehouse Building 3427 N Clinton St 36,533 SF 100% Leased Industrial Building Fort Wayne, IN 46805 $4,000,000 ($109.49/SF) 7.50% Cap Rate

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EXECUTIVE SUMMARY

Introducing a prime investment opportunity in Fort Wayne, IN. This impressive property boasts a 36,533 square foot building with 5 units, ideal for industrial or office showroom use. Built in 1956, it is thoughtfully zoned for both C3 and I1, catering to a range of business needs. Strategically positioned in the industrial area, this property offers 100% occupancy, providing immediate income potential for savvy investors. With its solid infrastructure and desirable features, this property presents a compelling proposition for those seeking a lucrative addition to their commercial real estate portfolio in the bustling Fort Wayne market.

FINANCIAL SUMMARY (ACTUAL - 2024)

ANNUAL ANNUAL PER SF
Taxes $13,018 $0.35
Operating Expenses - -
Total Expenses $13,018 $0.35

FINANCIAL SUMMARY (ACTUAL - 2024)

Taxes
Annual $13,018
Annual Per SF $0.35
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $13,018
Annual Per SF $0.35

PROPERTY FACTS

Price $4,000,000
Price Per SF $109.49
Sale Type Investment
Cap Rate 7.50%
Property Type Industrial
Property Subtype
Warehouse
  • Industrial Distribution
  • Industrial Manufacturing
  • Industrial Service
Building Class B
Lot Size 4.66 AC
Rentable Building Area 36,533 SF
No. Stories 1
Year Built 1956
Parking Ratio 2.38/1,000 SF
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 2
Zoning CM3

UTILITIES

  • Lighting
  • Water - City
  • Sewer - City
  • Heating

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Dmj Solutions, Inc.
  • Professional, Scientific, and Technical Services
  • -
  • -
  • -
  • Myers Properties, LLC
  • Real Estate
  • -
  • -
  • -
  • Manufacturing
  • -
  • -
  • -

The Sherwin-Williams Company delivers the best in paint and coatings products to the world. Every day, their employees provide the energy and experience to build on their track record of success – enabling them to innovate and grow in new and exciting ways. With their people as the foundation of their Company, they offer industry-leading innovation, value-added service and expertise, and differentiated distribution to their growing base of professional, industrial, commercial and consumer customers. Sherwin-Williams has one of the industry’s most recognized portfolios of branded and private-label products. The Company’s Sherwin-Williams® branded products are sold exclusively through a chain of company operated stores and facilities in the United States, Canada, the Caribbean and Latin America.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Dmj Solutions, Inc. Professional, Scientific, and Technical Services - - -
Myers Properties, LLC Real Estate - - -
Manufacturing - - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-07-26-427-016.000-073
Land Assessment
$234,200
Improvements Assessment
$269,700
Total Assessment
$503,900
Annual Taxes
$13,018 ($0.36/SF)
Tax Year
2024
  • Listing ID: 38285915

  • Date on Market: 10/31/2025

  • Last Updated:

  • Address: 3427 N Clinton St, Fort Wayne, IN 46805

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