Listing courtesy of Coldwell Banker Real Estate Group · Listing agent: Jacob Wagner · Cell: 317-448-8852
7405/7409 Wayne Trace
$789,900
$217.66 / sq ft
Fort Wayne, IN 46816
- New construction
- 1.8 acres
- Basement
- 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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