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Dawn Evans

dawn@theevansrealtygroup.com +1(812) 327-8878

$ 789,900

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7405/7409 Wayne Trace Fort Wayne, IN 46816

4 Beds

2 Baths

1,824 SqFt

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Site-Built Home

Listing Status Active

Purchase Type For Sale

Square Footage 1,824 sqft

MLS Listing ID 202606096

Style Two Story

Bedrooms 4

Full Baths 1

Half Baths 1

Abv Grd Liv Area 1,824

Total Fin. Sqft 1824

Year Built 1920

Annual Tax Amount $1,800

Lot Size 1.780 Acres

Property Sub-Type Site-Built Home

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 owner-occupant flexibility, or Multifamily redevelopment. 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

Area Allen County

Zoning C2

Direction Heading east on I-469, Left onto Marion Center Road, then roundabout to Wayne Trace Rd. Property on right

Rooms

Family Room 10 x 10

Basement Full Basement, Outside Entrance

Dining Room 12 x 12

Kitchen Main, 14 x 15

Interior

Heating Gas, Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Washer

Laundry Basement

Exterior

Parking Features Attached

Garage Spaces 2.0

Building

Lot Description Corner, 0-2.9999

Story 2

Foundation Full Basement, Outside Entrance

Sewer City

Water Well

Architectural Style Ranch

Structure Type Vinyl

New Construction No

Schools

Elementary Schools Southwick

Middle Schools Paul Harding

High Schools New Haven

School District East Allen County

Others

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202606096

IDX information provided by the Indiana Regional MLS

Listed by Jacob Wagner • Coldwell Banker Real Estate Group • Cell: 317-448-8852

NEARBY SCHOOLS & PROPERTIES

Dawn Evans

Real Estate Broker/Realtor | RB19001118

+1(812) 327-8878

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Dawn Evans

7405/7409 Wayne Trace Fort Wayne, IN 46816

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOLS & PROPERTIES

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7405/7409 Wayne Trace