Rare Urban Development Opportunity

3140 Fairfield Ave, Fort Wayne, IN 46807

$1,300,000 Land For Sale

View 9 Images

Sale Price
$1,300,000
Date Available
Immediate
Zoning
R2 & C2
VPD
9,869
Site Acreage
9.49 AC
Property Type
Land

Highlights

Located within a HUD Qualified Census Tract
Direct frontage on a Citilink bus route
Surrounded by an established residential neighborhood
Ideal for multifamily, affordable housing, senior housing, mixed-use, or commercial development

Now Available

3140 Fairfield Ave: 9.49 acres

Overview

Rare opportunity to acquire 9.49 contiguous acres in the center of Fort Wayne’s established urban core. Large infill development sites of this size are notably scarce. This property is well-positioned for a wide range of residential, mixed-use, commercial, institutional, or community-oriented development opportunities.

The site is zoned R2 and C2, which provides flexibility for a variety of development concepts. All major public utilities are available to the site.

3140 Fairfield Avenue is located approximately one mile south of Downtown Fort Wayne and has convenient access to several major employment centers, retail amenities, healthcare providers, and regional transportation corridors. The site is located directly along a Citilink bus route, which provides public transportation access for residents, employees, and visitors.

Additionally, the property is located within a HUD Qualified Census Tract (QCT), which offers developers the opportunity to pursue financing programs, tax credit allocations, and other incentives available for qualifying projects.