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7405/7409 Wayne Trace

$789,900

7405/7409 Wayne Trace, Fort Wayne, IN 46816

Active
Last Updated: 03/08/2026

1.78 acres

Lot Area

1940

Year Built

Details:
Lot Area:    1.78 acres
Year Built:    1940
MlsNumber:    202606088
Highlights:
  • Age: Over 50 Years Old
  • Basement: Other Basement
Description:

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.


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