119 W Wayne St

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119 W Wayne St

Fort Wayne, IN 46802
Asking Price
$1.50M
Asset Type
Creative Office Office
Class
Class B

What's Special

Historic downtown Fort Wayne office for sale or full‑service lease with modern upgrades. <ul><li>​Historic 1891 downtown Fort Wayne office building, fully renovated in 2025. </li><li>​10,620 SF total with 9,675 SF available and up to 9,675 SF contiguous across three floors. </li><li>​Offered for sale at 1,900,000 (178.91 per SF) and for lease at 17.00 per SF, full service, 3–5 year terms. </li><li>​Original wood flooring and period architectural details paired with modern LED lighting and central HVAC. </li><li>​Tall ceilings throughout: approximately 13’1” on the first floor, 12’1”

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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