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7405/7409 Wayne Trce, Fort Wayne, IN, 46816

4beds
2baths
1,824sqft
$789,900
$433price/sqft
$5,231/moest. monthly cost
$209,240/yrincome needed

About This Home

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.

Getting Around

1
WalkingCar-Dependent
20
TransitMinimal Transit
26
BikeSomewhat Bikeable

Schools

--
5/10
3/10
New Haven High SchoolGrades 7-124.5 mi

Construction

Condition

  • Year built: 1920

Materials

  • Construction materials: Vinyl Siding

Type & Style

  • Home type: SingleFamily
  • Architectural style: Ranch
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Refrigerator,Washer

Basement

  • Has basement: Yes
  • Basement: Full,Exterior Entry,Brick

Bedroom1

  • Level: Upper

Bedroom2

  • Level: Upper

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 2
  • Full bathrooms: 1
  • 1/2 bathrooms: 1

Dining Room

  • Level: Main
  • Area: 144

Family Room

  • Level: Main
  • Area: 100

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,824

Heating & Cooling

  • Heating features: Natural Gas,Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 2,736
  • Total interior livable area: 1,824 sqft

Kitchen

  • Level: Main
  • Area: 210

Living Room

  • Area: 225

Property

Details

  • Parcel number: 021333102001.000039
  • Zoning: C2,C2

Features

  • Levels: Two
  • Stories: 2

Lot

  • Lot size: 1.78 Acres
  • Features: Corner Lot,0-2.9999

Parking

  • Total spaces: 2
  • Parking features: Attached
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2