Lower Huntington Retail

2608-2612 Lower Huntington Road Fort Wayne, IN 46809

2608-2612 Lower Huntington Road, Fort Wayne, IN, 46809
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FOR SALE
Property Type:
Strip Center
Amount:
$405,000
Last Verified:
Feb 06, 2024

Highlights

  • Four ground level retail spaces with apartments above
  • Close to downtown with easy access and high visibility
  • Located in a SEED district (Tax incentives available to property owners for business real estate and building improvements)
  • Also located in a TIF district (tax revenue used to fund public infrastructure improvements)

Description

This income producing property has four ground level retail spaces with apartments above.

Located in southwest Fort Wayne at the corner of Old Trail Road.


Year Built: 1925
Building Size: 10844sq ft
Lot Size: 0.41 acres


Documents

Package - Lower Huntington.pdf

Map of 2608-2612 Lower Huntington Road, Fort Wayne, IN, 46809

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.