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21950744
15629515

5700 Bluffton Road, Fort Wayne, IN 46809 For Sale

ER
IN RB16000634, IN
The Zacher Company
Listed by The Zacher Company
$1,250,000
855 days on market
Updated 22 days ago

5700 Bluffton Rd.

Details
APN 02-12-22-351-042.000-074
Property Type Retail
Sub Type Restaurant, Storefront
Square Footage 4,756
Net Rentable (SqFt) 4,756
NOI $222,816
Tenancy Single
Brand/Tenant Waynedale Cafe
Price per SqFt $263
Class B
Year Built 1949
Year Renovated 2023
Buildings 1
Stories 2
Acreage 1.010
Zoning C2/Limited Commercial
Sale Condition For sale by owner

Successful/Operating Restaurant With Airbnb Rental

Marketing description

Discover a lucrative proposition at 5700 Bluffton Road, Fort Wayne, IN. This 4,756 SF property, built in 1949 and zoned C2/Limited Commercial, offers a prime location in the thriving Southwest area. Boasting a 3,156 SF restaurant with strong sales and a recently updated 1,600 SF Airbnb, this versatile space comes with real estate and business included in the sale. The property features a spacious kitchen area with two 8-foot exhaust hood systems, all furniture, equipment, and fixtures, plus a detached garage, all set on 1.01 acres of land. Don't miss out on this outstanding offer, with a sale price of $1,250,000 for business and real estate, and $625,000 for the business only.

Discover the vibrant potential of the Southwest market in Fort Wayne, IN! Nestled in a rapidly-growing area, the location offers proximity to major retail centers and bustling commercial corridors. With easy access to Interstate 69 and Fort Wayne International Airport, the area ensures high visibility and convenience for retail and restaurant users. Nearby attractions like Jefferson Pointe, Covington Plaza, and Time Corners provide a dynamic mix of shopping, dining, and entertainment options, making it an enticing destination for visitors and locals alike. Don't miss out on the opportunity to become part of this thriving retail and dining scene in one of Fort Wayne's most promising markets.

Investment highlights

  • 3,156 SF - Restaurant with strong sales
  • 1,600 SF - Recently updated Airbnb with frequent bookings
  • All furniture, equipment and fixtures included with sale
  • Large kitchen area with two 8 foot exhaust hood systems
  • 1.01 Acres with detached garage
  • Sale Price $1,250,000 - Business & Real Estate
  • Sale Price $625,000 - Business Only

Listing Contacts

ER
IN RB16000634, IN
The Zacher Company
Listed by The Zacher Company

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$222,816.11
$18,568.01/mo

Valuation Metrics

0
DSCR
17.83%
Cap Rate
17.83%
ROI

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