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Washington Blvd Mixed-Use 533 W Washington Blvd 10,500 SF 13% Leased Office Building Fort Wayne, IN 46802 $990,000 ($94.29/SF)
INVESTMENT HIGHLIGHTS
- Currently operating as a fully income-producing Airbnb, offering immediate revenue potential
- Commercial-grade kitchen with walk-in prep areas and dedicated Fulton Street entrance with outdoor patio
- Whole-building sprinkler system and fire alarm installed, meeting safety and code requirements
- Six separate entrances providing flexible access and easy subdivision for multi-tenant or multi-use configurations
- Recent upgrades including five new HVAC units (since 2017), rebuilt chimneys, new soffits, and gutters
- 12 parking spaces ensuring ample parking for tenants and guests
EXECUTIVE SUMMARY
This beautifully restored brick and stone landmark spans four levels with 14 bedrooms, multiple living and meeting spaces, a private apartment with a balcony, and a fully equipped commercial kitchen. The building currently operates as a high-performing short-term rental, and it is zoned Downtown Edge in Fort Wayne’s vibrant dining district.
It has six entrances, private parking, a fenced yard, and upgraded building systems, including HVAC and full sprinklers. The space offers exceptional flexibility for hospitality, events, boutique lodging, corporate use, or mixed use concepts.
It has six entrances, private parking, a fenced yard, and upgraded building systems, including HVAC and full sprinklers. The space offers exceptional flexibility for hospitality, events, boutique lodging, corporate use, or mixed use concepts.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
10,500 SF
Building Class
C
Year Built/Renovated
1880/2019
Price
$990,000
Price Per SF
$94.29
Percent Leased
13%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
2,625 SF
Slab To Slab
11’
Building FAR
0.93
Lot Size
0.26 AC
Opportunity Zone
Yes
Zoning
DE - Downtown Edge
Parking
12 Spaces (1.14 Spaces per 1,000 SF Leased)
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Walk Score®
Walker's Paradise (90)
Bike Score®
Very Bikeable (81)
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Washington Blvd Mixed-Use | 533 W Washington Blvd
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