4111 Parnell Ave - Restaurant FOR SALE


Fort Wayne, IN 46805- North Fort Wayne
$1,375,000 USD
260-487-3699
4111 Parnell Ave, Fort Wayne, IN for Sale
$1,375,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

4111 Parnell Ave
Fort Wayne, IN 46805
North Fort Wayne


HIGHLIGHTS

  • Ideal turnkey restaurant investment on 2+ acre lot with 94 parking spaces and 6 ADA designated spaces!
  • Reputable restaurant with deep community roots located in bustling Coliseum Blvd retail corridor
  • Located across the street from Allen County War Memorial Coliseum, which hosts over 1 million visitors annually
  • Direct vicinity includes national big box retailers, national and local restaurants, and the city's primary shopping mall
  • 1-mile radius boasts over $120 million in retail spending annually

OVERVIEW

Nestled in a thriving retail corridor of Fort Wayne, this 6,257 SF property offers an esteemed turnkey restaurant opportunity. Boasting a rich history and deep community connections, this establishment provides a solid foundation for future success. The property's ideal location, positioned across from the Allen County War Memorial Coliseum, presents signi?cant visibility and exposure. With a SC (Shopping Center) zoning, this property presents a prime investment opportunity including all FF&E, trade ?xtures, furnishings, and a valuable 3-way liquor license may be negotiated separately. The Coliseum Blvd Retail Corridor is home to Glenbrook Shopping Mall, Allen County War Memorial Coliseum, various major shopping centers, and entertainment fun centers. The War Memorial Coliseum welcomes 1 million visitors annually and in a 1-mile radius, the area boasts over $120 million in retail spending annually. High volumes of daily visitor and vehicle traf?c, location in a well established retail area, and high retail spending in direct vicinity makes this an undeniably ideal opportunity for any restauranteur.

FOR SALE DETAILS

PRICE

$1,375,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1981

SPRINKLERS

-

PARKING SPACES

9

LAND DETAILS

LAND ACRES

2.03 AC

LAND SF

88,427 SF

ZONING

SC

APN/PARCEL ID

02-07-25-128-011.000-073

ASK ABOUT THIS PROPERTY

Dennis CallisonXplor Commercial Real Estate Corp.More Info
260-487-3699

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Dennis CallisonXplor Commercial Real Estate Corp.More Info
260-487-3699

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