$789,900
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.
Heading east on I-469, Left onto Marion Center Road, then roundabout to Wayne Trace Rd. Property on right
Dishwasher, Refrigerator, Washer
| MLS # | 202606096 |
|---|---|
| Date Listed | 2026-02-26 |
| Status | Active |
| Property Type | Residential |
| Property SubType | Site-Built Home |
| Finished Square Feet | 1824 sqft |
| Total Square Feet | 2736 sqft |
| New Construction | No |
| Style | Two Story |
| Type | Site-Built Home |
| Basement | Yes |
| Bedrooms | 4 |
| Bathrooms | 2 (1 Full, 1 Half) |
| Annual Taxes | $1,800.00 |
| Year Taxes Payable | 24/25 |
| Year Built | 1920 |
| Virtual Tour | propertypanorama.com » |
| Days on Market | 54 |
| Design | Ranch |
|---|---|
| Cooling | Central Air |
| Heating | Gas, Forced Air |
| Garage | Attached |
| Living Room | 15 × 15 | Level |
| Dining Room | 12 × 12 | Main Level |
| Family Room | 10 × 10 | Main Level |
| Kitchen | 14 × 15 | Main Level |
| Master Bedroom | 11 × 15 | Upper Level |
| 2nd Bedroom | 12 × 13 | Upper Level |
| 3rd Bedroom | 10 × 10 | Upper Level |
| 4th Bedroom | 14 × 8 | Upper Level |
| Full Baths | 1 Upper |
| Half Baths | 1 Main |
| Construction | Site-Built Home |
|---|---|
| Exterior | Vinyl |
| Lot Size | 77,537 sq ft |
| Acreage | 1.78 Acre |
| Lot Dimensions | Irregular |
| Sewer | City |
| Water | Well |
| Fence | None |
| Area | Allen County |
|---|---|
| County | Allen |
| Subdivision | None |
| Township | Adams |
| City | Fort Wayne |
| State | IN |
| Zip | 46816 |
| School District | East Allen County |
|---|---|
| Elementary | Southwick |
| Middle School | Paul Harding |
| High School | New Haven |
| Assoc. Dues | $0.00 Not Applicable |
|---|
MLS# 202606096
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.
Listing Provided Courtesy of Jacob Wagner
Coldwell Banker Real Estate Group
Cell: 317-448-8852
Listing updated March 4, 2026 at 7:30 am
Last checked 4 minutes ago