Downtown Restaurant Investment

For Sale

1915 Calhoun Street, Fort Wayne, IN 46803

This Fort Wayne property for sale is located at 1915 Calhoun Street. The current listed sale price for Downtown Restaurant Investment is $1,850,000. Downtown Restaurant Investment is situated on a lot that is 1.01 acre in size.

Contacts

broker

James Jamicich Jr.

Xplor Commercial Real Estate

Property Details

  • Property Type Retail - Freestanding
  • Property Size 17,008 SF
  • Units 2
  • Lot Size 1.01 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 60
  • Property Tenancy Multi-Tenant
  • Year Built 1902
  • Year Renovated 2023
  • Date Updated Nov 12, 2024
Downtown Fort Wayne within the Calhoun St. retail corridor.Own a piece of Fort Wayne History! This investment opportunity is a portfolio of two buildings and parking lot in downtown Fort Wayne. The property at 1915 Calhoun Street, Fort Wayne, IN, is an 8,762 SF free-standing building, turnkey restaurant/bar originally constructed in 1902 and over $200,000 of improvements in 2023. The second building at 112 E Masterson Avenue is an 8,246 SF nightclub/bar also steeped in historical relevance and community importance. The investment offers expansive retail, restaurant, and event space potential. With "Opportunity Zone" incentives, this property rests in the heart of the Calhoun Street corridor and encompasses over an acre of prime downtown land. With multiple kitchens, bars, event spaces, and 3-way Liquor License, it's an ideal turnkey restaurant with event venue. Additional value lies in the potential expansion into the unfinished second level, perfect for an event center, wedding venue, dining, bar, lounge, and more.

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Highlights

  • Three parcel investment with over one acre of prime downtown land along the US 27 (Clinton St) and Calhoun Street that includes two buildings and large parking lot
  • Popular turnkey restaurant and event room with strong local presence, which includes newly renovated kitchen, bar, and 3 way Liquor License
  • Value add potential to expand into the unfinished 2nd level - ideal for event center, wedding venue, dining, bars, lounges, and more
  • "Opportunity Zone" incentives eligible in the rapidly expanding downtown Fort Wayne
  • Located in the heart of the Calhoun corridor, the site is within walking distance to the Tin Caps Stadium, Electric Works, Embassy Theatre, and more
  • Property includes a rare parking lot accommodating ~60 spaces with direct access and visibility to US 27 and Calhoun street where over 28,000 vehicles travel past daily
  • Over $200,000 of improvements in 2023 to the building at 1915 Calhoun include with new roof, doubled kitchen footprint and new grease trap, updated outdoor patio, and event room renovations!

Attachments

Getting around

  • 75/100

    Walk Score ®

  • 55/100

    Transit Score ®

  • 52/100

    Bike Score ®

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Location

  • City Fort Wayne, IN
  • Neighborhood West Central Fort Wayne
  • Zip Code 46803
  • Market Fort Wayne

Points of Interest

  • Clark

    0.74 miles

  • Marathon

    0.76 miles

  • BP

    1.21 miles

  • Marathon Gas

    1.64 miles

  • Lassus Handy Dandy

    1.94 miles

  • ChargePoint

    2.36 miles

  • Fort Wayne, IN - Illinois Road Supercharger

    4.20 miles

  • Tesla Supercharger

    5.04 miles

  • Sweetwater Supercharger

    5.51 miles

  • Harrison Square Garage

    0.47 miles

  • Civic Center Parking Garage

    0.61 miles

  • Washingnton Street Parking Garage

    0.65 miles

  • Block West. Parking off Webster & Wayne St.

    0.66 miles

  • Wells Fargo Indiana Center

    0.73 miles

  • New Zion Church Parking

    2.06 miles

  • Lindenwood Nature Preserve Parking

    2.33 miles

  • Lot 4

    3.51 miles

  • Lot 3

    3.51 miles

  • Lot 9

    3.57 miles

  • The Oyster Bar

    0.05 miles

  • Siagon Restaurant

    0.06 miles

  • Banh Mi Pho Shop

    0.37 miles

  • Power's

    0.37 miles

  • Shigs In Pit Barbeque

    0.40 miles

  • Champions Sports Bar

    0.55 miles

  • Burger Bar

    0.56 miles

  • Copper Spoon

    0.56 miles

  • Subway

    0.56 miles

  • Freshii

    0.57 miles

  • George's International Market

    0.70 miles

  • Save-A-Lot

    1.71 miles

  • Kroger

    2.12 miles

  • Big Lots

    2.93 miles

  • Marshalls

    2.99 miles

  • Target

    3.02 miles

  • Trader Joe's

    3.03 miles

  • Von Maur

    3.09 miles

  • JCPenney

    3.17 miles

  • Carson's

    3.19 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

James Jamicich Jr.

Xplor Commercial Real Estate