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520 E Coliseum Blvd
Fort Wayne, IN 46805
Storming Crab · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,200 SF
Building Class
C
Year Built/Renovated
1999/2008
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
1.22 AC
Zoning
C
Parking
64 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
195’ on Coliseum Blvd

AMENITIES

  • Pylon Sign

ABOUT 520 E COLISEUM BLVD , FORT WAYNE, IN 46805

The subject investment property is located on Coliseum Blvd in Fort Wayne, IN and is triangulated by 3 major roads including Coliseum Blvd with traffic counts of 54,910 vehicles, Coldwater Rd with traffic counts of 23,245, and N Clinton St with traffic counts of 16,795. Nearby I-69 brings an additional 59,474 vehicles into the immediate area daily. There are 76,662 individuals within a three-mile radius of the subject property and 175,675 within a five-mile radius of the subject property. The subject property benefits from being well-positioned in a dense retail area. Major retail tenants in the immediate area include: Chick-Fil-A, Panera Bread, McDonalds, Starbucks, Dicks Sporting Goods, IHOP, Best Buy, Olive Garden, Qdoba, Office Depot, TJ Maxx, Old Navy, Chili’s, and many more. The property benefits from its close proximity to Purdue University Fort Wayne located 1-mile east on Coliseum Blvd. Purdue University Fort Wayne has a Fall 2019 enrollment of 10,208 students representing an increase over Fall 2018. The university has 14 men’s and women’s athletic teams competing in the NCAA Division I Summit League. The property also benefits from its close proximity to the Allen County War Memorial Coliseum, which is a 13,000 seat multi-purpose arena. Fort Wayne is the cultural and economic center of northeastern Indiana. The city is within a 300-mile radius of major population centers, including Chicago, Cincinnati, Cleveland, Columbus, Detroit, Indianapolis, Louisville, Lexington, and Milwaukee. The economy supports a broad range of industries, including medical devices, insurance, vehicles, craftsmanship and e-commerce. Boosted by Lincoln Financial, the metro is home to numerous insurance companies such as Swiss Re, American Specialty, MedPro and Brotherhood Mutual. Access to nearby major markets and the FedEx hub in Indianapolis result in BAE Systems, General Mills and Walmart are all investing in logistics infrastructure near Fort Wayne International Airport. Regional healthcare networks provide more than 10,000 jobs, primarily at Parkview Health Systems and Lutheran Health Network.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
02-07-25-101-010.000-073
Land Assessment
$637,700
Improvements Assessment
$462,800
Total Assessment
$1,100,500
  • Listing ID: 17419573

  • Date on Market: 10/10/2019

  • Last Updated:

  • Address: 520 E Coliseum Blvd, Fort Wayne, IN 46805

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