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Restaurant/Bar with 4-Bedroom Home Adjacent 7405/7409 Wayne Trce 5,683 SF 100% Leased Retail Building Fort Wayne, IN 46816 $789,900 ($138.99/SF)



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.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,683 SF
Building Class
B
Year Built/Renovated
1940/2026
Price
$789,900
Price Per SF
$138.99
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.09
Lot Size
1.39 AC
Zoning
C2
Parking
7 Spaces (2.38 Spaces per 1,000 SF Leased)
Amenities
- Corner Lot
- Restaurant
- Storage Space
- Air Conditioning
Not walkable
10/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 02-13-33-102-001.000-039 | Improvements Assessment | $169,900 |
| Land Assessment | $31,700 | Total Assessment | $201,600 |
Property Taxes
Parcel Number
02-13-33-102-001.000-039
Land Assessment
$31,700
Improvements Assessment
$169,900
Total Assessment
$201,600
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Restaurant/Bar with 4-Bedroom Home Adjacent | 7405/7409 Wayne Trce
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