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Map

Directions

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

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.

Details

  • Property Details

  • MLS #:
    202606088
  • Price
    $789,900
  • Approx. Lot Size Acres
    1.78
  • Approx. Lot Size SqFt
    77,537
  • Class
    Commercial
  • DOM
    3
  • Lot Dimensions
    Irregular
  • New Construction
    Yes
  • Parcel ID#
    02-13-33-102-001.000-039
  • Property Sub-Type
    Restaurant/Bar
  • State
    IN
  • Subdivision
    None
  • Year Built
    1940
  • Zip
    46816
  • Interior Features

  • Other Features

  • Waterfront Y/N
    No

Last updated: April 4 2026, 9:03 AM

Listing courtesy of: Jacob Wagner, Coldwell Banker Real Estate Group

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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