Bought with Triad Real Estate Services
$625,000
$789,900
20.9%For more information regarding the value of a property, please contact us for a free consultation.
7405/7409 Wayne TRCE Fort Wayne, IN 46816
4 Baths
1.78 Acres Lot
Key Details
Sold Price $625,000
Property Type Other Types
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IRM202606088
Sold Date 11/12/26
HOA Y/N No
Year Built 1940
Annual Tax Amount $1,800
Tax Year 24
Lot Size 1.780 Acres
Acres 1.78
Lot Dimensions Irregular
Property Description
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.
Location
State IN
County Allen County
Zoning Commercial
Rooms
Basement Full
Interior
Heating Gas, Forced Air
Fireplace N
Exterior
Parking Features Parking Lot, Paved
View Y/N true
Building
Sewer Public Sewer
Water Well
New Construction Yes
Others
Pets Allowed No
Tax ID 02-13-33-102-001.000-039
Acceptable Financing IRM202606088
Listing Terms IRM202606088
Financing Conventional
Special Listing Condition None
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.






