Downtown Restaurant Investment

1915 Calhoun Street, Fort Wayne, IN 46803

  • For Sale $2,000,000
  • 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 Aug 1, 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!

Contacts

broker

James Jamicich

Xplor Commercial Real Estate

Location

Getting Around

  • Walk Score ®

    75/100 Very Walkable

  • Transit Score ®

    55/100 Good Transit

  • Bike Score ®

    52/100 Bikeable
Powered by Walk Score ®
  • 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

  • Marathon

    0.94 miles

  • BP

    1.21 miles

  • BP

    1.50 miles

  • Marathon

    1.54 miles

  • Marathon

    1.60 miles

  • Marathon Gas

    1.63 miles

  • Marathon

    1.82 miles

  • BP

    1.90 miles

  • Harrison Square Garage

    0.48 miles

  • Civic Center Parking Garage

    0.61 miles

  • Washingnton Street Parking Garage

    0.65 miles

  • Wells Fargo Indiana Center

    0.73 miles

  • New Zion Church Parking

    2.06 miles

  • Lindenwood Nature Preserve Parking

    2.33 miles

  • Lot 3

    3.51 miles

  • Lot 4

    3.52 miles

  • Lot 6

    3.54 miles

  • Lot 9

    3.57 miles

  • The Oyster Bar

    0.05 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

  • Domino's

    0.57 miles

  • King Gyros

    0.60 miles

  • Georges

    0.71 miles

  • 3 Rivers Natural Grocery Food Co-op & Deli

    1.67 miles

  • Save A Lot1

    1.71 miles

  • Kroger

    2.12 miles

  • Burlington

    2.82 miles

  • Big Lots

    2.93 miles

  • Marshalls

    2.99 miles

  • Target

    3.02 miles

  • Trader Joe's

    3.03 miles

  • Von Maur

    3.08 miles

Frequently Asked Questions

How much does Downtown Restaurant Investment cost?

The space currently listed for sale at Downtown Restaurant Investment asks for $2,000,000.

What is the total square footage of Downtown Restaurant Investment?

Downtown Restaurant Investment totals 17,008 square feet.

When was this property built?

Downtown Restaurant Investment was built in 1902.

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Contact Listing Broker

broker

James Jamicich

Xplor Commercial Real Estate