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Sturges-MP-Jefferson-Blvd-525-537 LAND FOR SALE Rare Opportunity Next To Parkview Field 525 & 527 W Jefferson Blvd Fort Wayne, Indiana 46802 Featured Property Property available on Jefferson Blvd, one of the main thoroughfares through downtown Fort Wayne. The subject property consists of two large historic buildings, an oversized garage, and over 0.71 acres of land, including a vacated alleyway. The site has great access with curb cuts on Jefferson Blvd and Fulton St. – 0.71 Acres for sale on Jefferson Blvd—Fort Wayne’s main western gateway – Currently developed with two (2) residential-style office buildings and garage/storage building – Two (2) curb cuts and over 19,000 vehicles per day provide excellent access and visibility › 162 feet of frontage on West Jefferson – Located in downtown Fort Wayne, this site allows a developer the opportunity to capitalize on entertainment and employment base surrounding the site NEAL BOWMAN PHILIP HAGEE STEPHANIE PETRAS Senior Broker Listing Manager Brokerage Marketing Assistant 260 424 8448 260 424 8448 260 424 8448 [email protected] [email protected] [email protected] SturgesProperty.com 202 West Berry Street, Suite 500, Fort Wayne, IN 46802 260 424 8448 LAND FOR SALE Rare Opportunity Next To Parkview Field 525 & 527 W Jefferson Blvd Fort Wayne, Indiana 46802 21 20 14 15 17 4 10 Lafayette St 2 7 W Main St S Clinton St 5 22 W Berry St 8 24 Ewing St Fairfield St 25 W Wayne St 6 Broadway 16 3 12 W Washington Blvd 18 W Jefferson Blvd 19 11 13 1 9 23 12 1 African/African-American 6 Cathedral Museum 14 Fort Wayne Civic Theatre 22 The History Center Historical Museum 7 Cinema Center 15 Fort Wayne Museum of Art 23 Parkview Field 2 Allen County Courthouse 8 Citizens Square 16 Fort Wayne Visitors Center 24 St. Joseph Hospital 3 Allen County Public Library 9 Cityscape Flats 17 Freimann Square 25 University of Saint Francis 4 Arts United Center 10 Edwin J. Rousseau Centre 18 Grand Wayne Convention Center Performing Arts Center 5 Auer Center: Artlink, Fort Wayne 11 Embassy Theatre 19 Harrison Square Ballet, Parkview Physicians Group 12 Firefighters Museum 20 Headwaters Park & Ice Rink ArtsLab 13 Botanical Conservatory 21 Historic Old Fort Wayne NEAL BOWMAN PHILIP HAGEE STEPHANIE PETRAS Senior Broker Listing Manager Brokerage Marketing Assistant 260 424 8448 260 424 8448 260 424 8448 [email protected] [email protected] [email protected] SturgesProperty.com 202 West Berry Street, Suite 500, Fort Wayne, IN 46802 260 424 8448 LAND FOR SALE Rare Opportunity Next To Parkview Field 525 & 527 W Jefferson Blvd Fort Wayne, Indiana 46802 W Jefferson Blvd Fulton St NEAL BOWMAN PHILIP HAGEE STEPHANIE PETRAS Senior Broker Listing Manager Brokerage Marketing Assistant 260 424 8448 260 424 8448 260 424 8448 [email protected] [email protected] [email protected] SturgesProperty.com 202 West Berry Street, Suite 500, Fort Wayne, IN 46802 260 424 8448 LAND FOR SALE Rare Opportunity Next To Parkview Field 525 & 527 W Jefferson Blvd Fort Wayne, Indiana 46802 Excellent Location This property is ideally located on the main western gateway into downtown Fort Wayne-- over 19,000 vehicles travel this roadway every day. Everything in downtown Fort Wayne is within walking distance, including Parkview Field, Harrison Square, Electric Works, Grand Wayne Center, Cityscape Flats, and Embassy Theatre. NEAL BOWMAN PHILIP HAGEE STEPHANIE PETRAS Senior Broker Listing Manager Brokerage Marketing Assistant 260 424 8448 260 424 8448 260 424 8448 [email protected] [email protected] [email protected] SturgesProperty.com 202 West Berry Street, Suite 500, Fort Wayne, IN 46802 260 424 8448 LAND FOR SALE Rare Opportunity Next To Parkview Field 525 & 527 W Jefferson Blvd Fort Wayne, Indiana 46802 Fort Wayne, IN Demographics Downtown Economic Indicators (2017) Total Population 262,450 Total Downtown Business 892 Median Age 34.9 Total Downtown Employees 23,066 No. Housing Units 116,042 Total Downtown Population 4,815 Source: ACS Demographic and Housing Estimates Source: IPFW Community Research Institute for the Downtown Improvement District © 2021 Sturges, LLC. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. Photos herein are the property of their respective owners and use of these images without the express written consent of the owner is prohibited. NEAL BOWMAN PHILIP HAGEE STEPHANIE PETRAS Senior Broker Listing Manager Brokerage Marketing Assistant 260 424 8448 260 424 8448 260 424 8448 [email protected] [email protected] [email protected] SturgesProperty.com 202 West Berry Street, Suite 500, Fort Wayne, IN 46802 260 424 8448 515 W Main St 221 W Main St Sale Comps Sales Date 6/30/2017 Sales Date 9/21/2016 Sales Price $297,819 Sales Price $121,280 Average PSF $45.00 Acres 1.06 Acres .21 Total SF of 30,927 Lot SF 46,174 Lot SF 9,148 Subject Price Per SF $6.45 Price Per SF $13.26 Subject Value $1,391,715.00 Buyer St Francis Buyer Ashberry Eight 333 E Washington Blvd 245-231 Pearl St NWC Main & Harrison Sales Date 9/16/2016 Sales Date 3/1/2019 Sales Date 7/24/2018 Sales Price $910,000 Sales Price $650,000 Sales Price $888,000 Acres 1.274 Acres .91 Acres .73 Lot SF 55,495 Lot SF 39,640 Lot SF 31,799 Price Per SF $16.40 Price Per SF $16.40 Price Per SF $27.93 Buyer Waterfield/Titan Mtg Buyer Sweet Real Estate Buyer Vera Bradley Hotel 400 E Washington Blvd 407 W Washington Blvd 533 W Washington Blvd Sales Date 11/14/2016 Sales Date 4/28/2017 Sales Date 10/7/2016 Sales Price $1,370,000 Sales Price $225,000 Sales Price $325,000 Acres 1.12 Acres .16 Acres .17 Lot SF 48,787 Lot SF 6,970 Lot SF 7,405 Price Per SF $28.08 Price Per SF $32.28 Price Per SF $43.89 Buyer FW Rescue Mission Buyer Sunny Schick Buyer Optimum Fly 222 W Berry St 256 W Main St 111 W Columbia St Sales Date 6/19/2018 Sales Date 3/1/2019 Sales Date 8/2/2016 Sales Price $360,000 Sales Price $965,000 Sales Price $825,000 Acres .17 Acres .38 Acres .111 Lot SF 7,405 Lot SF 16,553 Lot SF 4,835 Price Per SF $48.61 Price Per SF $58.30 Price Per SF $170.63 Buyer Ashberry Eight Buyer Sweet Real Estate Buyer Landing Hotel Site SturgesProperty.com 202 West Berry Street, Suite 500, Fort Wayne, IN 46802 260 424 8448 COMMERCIAL LAND FOR SALE Property Name Historic Jefferson Park Address 525 & 527 Jefferson Blvd City, State, Zip Fort Wayne, IN, 46802 County Allen Township Wayne Parcel No. 02-12-11-129-001.000-074 SITE DATA Site Acreage 0.71 Area SF Building 1: 3,576 SF Building 2: 4,101 SF Garage: 2,800 SF Total SF: 7,677 SF Year Built 1900 No. of Stories 2 Construction Type Wood Joist Roof Shingle Heating Central SALE INFORMATION A/C Central Price $1,400,000.00 Zoning & Description DE Terms Cash at Closing Traffic Count 19,000 VPD Terms 3 Year Minimum UTILITIES ADDITIONAL INFORMATION Electric Supplier AEP - 0.71 Acres for sale on Jefferson Blvd—Fort Wayne’s main Natural Gas Provider NIPSCO western gateway Water & Sewer Provider City of Fort Wayne - Currently developed with two (2) residential-style office buildings and garage/storage building - Two (2) curb cuts and over 19,000 vehicles per day provide excellent access and visibility - 162 feet of frontage on West Jefferson - Located in downtown Fort Wayne, this site allows a developer the opportunity to capitalize on entertainment and employment base surrounding the site CONTACT US Neal Bowman Philip Hagee Stephanie Petras Senior Broker Listing Manager Brokerage Marketing Assistant 260 424 8448 260 424 8448 260 424 8448 [email protected] [email protected] [email protected] 202 W. Berry Street, Suite 500 Fort Wayne, IN 46802 SturgesProperty.com 260 424 8448 BROKERAGE TEAM Barry Sturges, CPM® Brad Sturges John Caffray Chief Executive Officer President Vice President of Brokerage Bill Cupp Neal Bowman Philip Hagee Senior Broker Senior Broker Listing Manager Andrew Eckert Robert Doyle Kevin Ellis Broker Broker Broker Work with a group that puts your interests first. Whether you’re looking for sales, leasing, investment, or property 260 424 8448 management, your venture starts with Sturges Property Group. SturgesProperty.com STURGES COMPANIES The Sturges Companies provide everything that you need to lease, purchase, or build a property and keep it running smoothly. Sturges Property Group 260 424 8448 SturgesProperty.com Sturges Property Group is northern Indiana’s leader in commercial and industrial full-service real estate and commercial property management. Founded in 1975, Sturges Property Group is your partner for leasing, buying, selling, investing, and property management services. Maintenance Management 260 483 3123 MaintainFortWayne.com Maintenance Management is a full-service property maintenance company providing 24/7 service to commercial properties through an experienced team of problem-solvers from maintenance personnel to employees licensed in skilled trades. Nexus Technology Partners 260 425 2096 nexusfw.com Nexus Technology Partners is your company for IT Support and digital products.
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