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Restaurant/Bar with 4-Bedroom Home Adjacent 7405/7409 Wayne Trce 2,947 SF 100% Leased Retail Building Fort Wayne, IN 46816 $789,900 ($268.04/SF)

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Investment Highlights

  • 2,947 SF Restaurant/Bar – Income Producing
  • Strong Value-Add Opportunity
  • 2,736 SF Residential Home – 4 Bedroom, 1 bath, 1 Half bath
  • Positioned in High-Growth Southeast Fort Wayne Corridor

Executive Summary

Unique opportunity to acquire a 1.27-acre C2 zoned property featuring both a 2,947 SF restaurant/bar and a 2,736 SF, 4-bedroom residential home, all positioned at 7405/7409 Wayne Trace in Fort Wayne, Indiana. The commercial building operates as an income-producing bar/restaurant, while the residential home offers additional rental income or owner-occupant flexibility. The home has received recent updates including renovated kitchen and bathrooms, and both the house and bar feature new roofs, reducing near-term capital expenses. Strategically located next to the new Google Data Center, this property is ideally positioned to benefit from continued area growth, increased employment density, and long-term appreciation. Zoned C2, the site allows for a wide range of commercial uses, offering investors future redevelopment potential or owner/users the ability to operate their business while generating supplemental income from the residence. This is a rare mixed-use opportunity combining stable income, with some updates already completed/ room for value add, and strong upside potential in a rapidly expanding corridor.

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Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Building Size
2,947 SF
Year Built/Renovated
1940/2026
Price
$789,900
Price Per SF
$268.04
Percent Leased
100%
Building Height
1 Story
Zoning
C2

Amenities

  • Corner Lot
  • Restaurant
  • Storage Space
  • Air Conditioning

Property Taxes

Property Taxes

Parcel Number
02-13-33-102-001.000-039
Land Assessment
$31,700
Improvements Assessment
$169,900
Total Assessment
$201,600
  • Listing ID: 39601018

  • Date on Market: 2/27/2026

  • Last Updated:

  • Address: 7405/7409 Wayne Trce, Fort Wayne, IN 46816

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