4111 Parnell Ave 10,422 SF Retail Building Fort Wayne, IN 46805 £1,035,925 (£99.40/SF)
INVESTMENT HIGHLIGHTS
- Ideal turnkey restaurant investment on 2+ acre lot with 94 parking spaces and 6 ADA designated spaces!
- Located across the street from Allen County War Memorial Coliseum, which hosts over 1 million visitors annually
- 1-mile radius boasts over $120 million in retail spending annually
- Reputable restaurant with deep community roots located in bustling Coliseum Blvd retail corridor
- Direct vicinity includes national big box retailers, national and local restaurants, and the city's primary shopping mall
EXECUTIVE SUMMARY
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.
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.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
10,422 SF
Building Class
C
Year Built
1981
Price
£1,035,925
Price Per SF
£99.40
Tenancy
Single
Number of Floors
1
Building FAR
0.12
Lot Size
2.03 AC
Zoning
SC - Shopping Center
Parking
9 Spaces (0.86 Spaces per 1,000 SF Leased)
Frontage
204 ft on Parnell Ave
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 02-07-25-128-011.000-073 | Improvements Assessment | £132,816 (2024) |
| Land Assessment | £333,246 (2024) | Total Assessment | £466,062 (2024) |
