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Map

Directions

From I-69 Lima Rd north exit, head north on Hwy 3/Lima Rd, property on right shortly before church & starbucks stoplight

Description

Prime investment or commercial opportunity in the highly sought-after NWAC school district on 5 acres. This unique property features a 3-plex and mobile home that can generate approximately $5,000–$6,000+/month in rental income, plus additional revenue potential from multiple indoor and outdoor storage options for boats, trailers, RVs, etc ($70–$200/month per recreational unit). Ideally located on busy transportation route Hwy 3 with high visibility, just 12 minutes from I-69 for easy access south to Fort Wayne or north to the lakes. The property includes a 2,800 sq ft bank barn, 836 sq ft pavilion, scenic pond, and picturesque wooded views with piers and decks. Surrounded by major Northwest Allen development, offering excellent commercial exposure and strong future growth potential.

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Details

  • Property Details

  • MLS #:
    202609327
  • Price
    $649,900
  • Bedrooms
    9
  • Baths Total
    6
  • Full Baths
    5
  • Half Baths
    1
  • Approx. Lot Size Acres
    5
  • Approx. Lot Size SqFt
    217,800
  • Class
    Investment
  • DOM
    17
  • Lot Dimensions
    400x470x485x300x115x163
  • New Construction
    No
  • Parcel ID#
    02-02-20-300-002.000-057
  • Property Sub-Type
    Fourplex
  • State
    IN
  • Style
    Two Story
  • Subdivision
    None
  • Total Finished SqFt
    4,585
  • Total SqFt
    6,132
  • Year Built
    1898
  • Zip
    46818-8900

  • Interior Features

  • Below Grade Finished SqFt
    0

  • Other Features

  • Pool Y/N
    No
  • Water Type
    Pond
  • Waterfront Y/N
    Yes

Last updated: April 30 2026, 3:06 PM

Listing courtesy of: Andrea Zehr, RE/MAX Results

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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