Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Jacob Wagner · Cell: 317-448-8852

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Pending

7405/7409 Wayne Trace

$789,900

$217.66 / sq ft

Fort Wayne, IN 46816

  • New construction
  • 1.8 acres
  • Basement
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Bathrooms
4
Lot
1.78 ac
Year built
1940
Type
Commercial Sale
Listed
February 26, 2026
MLS #
202606088

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 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.

Property details

Interior

Stories
2
Finished area above grade
3,629 sq ft
Basement
Full
Flooring
Carpet, Laminate, Vinyl, Wood
Heating
Natural Gas, Forced Air
Cooling
Central Air

Exterior & parking

Construction
Vinyl Siding
Roof
Asphalt, Flat
Parking
Parking Lot, Paved
New construction
Yes

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
1.78 ac
Lot dimensions
Irregular
County
Allen County
Township
Adams
Current use
Bar, Restaurant
Road frontage
County Road
Platted
Yes
Planned unit development
No
Directions
Heading east on I-469, Left onto Marion Center Road, then roundabout to Wayne Trace Rd. Property on right

Taxes & terms

Annual taxes
$1,800
Tax year
24
Tax abatement
No
Possession
Negotiable
Parcel number
02-13-33-102-001.000-039

Included in the sale

Included in sale
Building,Business,Furniture,Land,Inventory,License Included

Utilities

Water
Well
Sewer
Public Sewer

Income & commercial

Water meters
1
Ceiling height
8

Location

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