1320 Medical Park Drive Sold Save Request In-Person Tour Request Virtual Tour
Fort Wayne,IN 46825-5844
Key Details
Sold Price $860,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 202501673
Year Built 1977
Annual Tax Amount $8,792
Tax Year 2024
Lot Size 1.210 Acres
Property Sub-Type Office
Property Description
Excellent north central Fort Wayne location with well-established offices & businesses surrounding. Zoned R3 & great for Commercial Medical Clinics or Professional Offices. Near major hospitals, medical service providers, financial institutions, Purdue University, and shopping & restaurants. 3 miles to downtown & 1 mile to I-69. High traffic area w/ AADT (2023) of 25,532 at N Clinton & Medical Park Dr intersection. This well-maintained building has over 12,000 finished sqft total w/ 6000+ on upper level & 6000+ on lower level. Sitting on 1.21 acres w/ large paved parking lot, 100+- spaces, 2 main building entrances, front signage, & office directory. 4 of 6 spaces leased out currently, but up for renewal soon. At 100% leased brings in approx $15,000 in mthly rent. Landlord pays all utilities. 2024 annual expenses approx $28,600. Tenants responsible for internet service. Don't miss this great opportunity to invest in prime Fort Wayne real estate and your business!
Location
State IN
County Allen County
Area Allen County
Interior
Flooring Mixed
Laundry , 100
Exterior
Roof Type Flat
Building
Story 2
New Construction No