260-823-2448
3909 Lake Ave, Fort Wayne, IN for Sale
Medical - FOR SALE
1/11
null | Request Cap Rate

3909 Lake Ave
Fort Wayne, IN 46805


HIGHLIGHTS

  • Freestanding, ±8,463-SF retail/medical office with ample surface parking in the heart of one of Fort Wayne’s bustling corridors just off SR 930.
  • Established in a major medical service district, featuring two points of ingress and egress, providing seamless access for tenants and visitors.
  • Less than 3 miles from Downtown Fort Wayne and 12 miles to Fort Wayne International Airport (FWA), which served nearly 800,000 passengers in 2023.
  • Benefit from flexible CM2 zoning, location near I-69 with access to major markets, and several national retailers located within 5 miles.

OVERVIEW

Invest in an exceptionally positioned freestanding, single-tenant retail/medical office spanning 8,463 square feet over a 1.33-acre lot at 3909 Lake Avenue in Fort Wayne, Indiana. This highly visible building was originally built in 2008 and features prominent building signage and seamless accessibility via two points of ingress and egress. 3909 Lake Avenue is a former DaVita Dialysis center with a sought-after build-out, including a spacious, open floor plan with a lounge/conference/break room, four restrooms, a shower room, and a welcoming reception area. The property is strategically situated with ample surface parking accommodating 40 vehicles and is zoned CM2, allowing limited retail and commercial use. This flexible zoning allows for a variety of retail uses via adaptive reuse or repositioning. Additionally, under CM2 zoning, the prior use as a medical office and treatment center is permitted. Located in Fort Wayne-Allen County, the property sits within a vibrant arts community boasting a thriving downtown and a high-quality of life. The retail/medical office is excellently situated less than 3 miles from Downtown Fort Wayne and 12 miles to the Fort Wayne International Airport (FWA), which served 795,750 passengers in 2023. This building is in the heart of one of Fort Wayne’s prominent retail corridors just off the signalized intersection of Indiana State Route 930 and Lake Avenue. 3909 Lake Avenue is strategically surrounded by a plethora of national retailers within 10-minutes or less, such as Costco, Walmart Supercenter, Target, Kroger, Aldi, McDonald’s, Lowe’s, Harbor Freight Tools, Starbucks, and many more. The property is also located less than 10 minutes from Glenbrook Square, anchored by Macy’s, JCPenney, and Barnes & Noble and offering over 1 million square feet of shopping, entertainment, and services. Additionally, 3909 Lake Avenue is advantageously established in a major medical service district with Byron Health Care Center, Parkview Hospital-Randallia, and VA-Northern Indiana Health Care System.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.33 AC

LAND SF

57,935 SF

ZONING

C-2

APN/PARCEL ID

02-08-32-378-021.000-072

ASK ABOUT THIS PROPERTY

Sudhir VemuriVemuri LLCMore Info
260-823-2448

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Sudhir VemuriVemuri LLCMore Info
260-823-2448

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.