Listed with Jacob Wagner, Coldwell Banker Real Estate Group, Cell: 317-448-8852

Price $789,900
Status Active
Size n/a
Lot Size 1.78 ac
Days on Market 3
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.
Property Type(s): Commercial
Last Updated 2/26/2026 Tract None
Year Built 1940 County Allen

Additional Details

AIR Central Air
AIR CONDITIONING Yes
APPLIANCES Water Heater, Water Softener
BASEMENT Full, Yes
CONSTRUCTION Vinyl Siding
HEAT Forced Air, Natural Gas
LOT 1.78 acre(s)
LOT DIMENSIONS Irregular
PARKING Paved, Parking Lot
SEWER Public Sewer
STORIES 2
SUBDIVISION None
TAXES 1800
ZONING Commercial
Listed with Jacob Wagner, Coldwell Banker Real Estate Group, Cell: 317-448-8852
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Indiana Regional MLS®. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
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Last Updated On: 3/1/26 10:39 AM PST
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This IDX solution is (c) Diverse Solutions 2026.

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