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 owner-occupant flexibility, or Multifamily redevelopment. 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.
Active
$789,900
7405/7409 Wayne Trce, Fort Wayne, IN 46816
4beds
1,824sqft
Single Family Residence
Built in 1920
1.78 Acres Lot
$738,100 Zestimate®
$--/sqft
$-- HOA
What's special
New roofsRenovated kitchen
- 133 days |
- 324 |
- 7 |
Zillow last checked:
Listing updated:
Listed by:
Jacob Wagner Cell:317-448-8852,
Coldwell Banker Real Estate Group
Source: IRMLS,MLS#: 202606096
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Bedroom 1
- Level: Upper
Bedroom 2
- Level: Upper
Dining room
- Level: Main
- Area: 144
- Dimensions: 12 x 12
Family room
- Level: Main
- Area: 100
- Dimensions: 10 x 10
Kitchen
- Level: Main
- Area: 210
- Dimensions: 14 x 15
Living room
- Area: 225
- Dimensions: 15 x 15
Heating
- Natural Gas, Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Refrigerator, Washer
Features
- Basement: Full,Exterior Entry,Brick
- Has fireplace: No
Interior area
- Total structure area: 2,736
- Total interior livable area: 1,824 sqft
- Finished area above ground: 1,824
- Finished area below ground: 0
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Attached
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
Lot
- Size: 1.78 Acres
- Features: Corner Lot, 0-2.9999
Details
- Additional parcels included: 0213-33-126-001.000-039
- Parcel number: 021333102001.000039
- Zoning: C2,C2
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence
Materials
- Vinyl Siding
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: City
- Water: Well
Community & HOA
Community
- Subdivision: None
Location
- Region: Fort Wayne
Financial & listing details
- Annual tax amount: $1,800
- Date on market: 2/26/2026
- Road surface type: Asphalt
Estimated market value
$738,100
$701,000 - $775,000
$1,480/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/26/2026 | Listed for sale | $789,900 |
Source:  IRMLS #202606096 Report a problem | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: 46816
Nearby schools
GreatSchools rating
- NASouthwick Elementary SchoolGrades: PK-2Distance: 0.7 mi
- 5/10Paul Harding Jr High SchoolGrades: 7-8Distance: 0.7 mi
- 3/10New Haven High SchoolGrades: 7-12Distance: 4.5 mi
Schools provided by the listing agent
- Elementary: Southwick
- Middle: Paul Harding
- High: New Haven
- District: East Allen County
Source: IRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Indiana
- Allen County
- Fort Wayne
- 46816
- 7405/7409 Wayne Trce
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