One Canal Place

Located downtown Fort Wayne just east of N. Clinton Street. On th corner of Main and Clay Street and the stoplight.Reduced to an attractive price of $1,395,000.00! Secure a significant piece of Downtown Fort Wayne real estate with this multi-tenant office building prominently located at the corner of Main Street and Clay Street. This strategic investment features 4 levels totaling 14,544 SF, with 3 full floors of highly adaptable leasable space. Situated on a substantial 0.55-acre lot, the property includes 35+ dedicated parking spaces—a major competitive advantage in the urban core. Recent capital improvements including multiple updates and new build-outs in 2018, ensure the property is move-in ready. The building currently benefits from a stable income stream, with one lease in place from the Fort Wayne Medical Society, generating a Gross Income of $\$35,580$.Furthermore, the 3rd floor presents an exceptional value-add opportunity for investors: it is currently ready to be built out for additional income-producing offices or converted into highly desirable downtown apartments, offering a clear path to increasing returns and diversifying the asset.