Historic brick building on Broadway adjacent to the old GE factory.

Sells Absolute, Sells Regardless of Price!

1414 Broadway Ave. Fort Wayne, IN 46802

Wednesday, April 6th, 2016 @ 6:00 pm

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2 story historic brick building located on Broadway adjacent to the old GE factory.
SELLS ABSOLUTE, NO RESERVE, SELLS REGARDLESS OF PRICE!
Property features retail lower level, 4 upper apartment that were recently renovated, full basement & almost 3,000+/- sf per level.

OPEN HOUSE:
Monday April 4th @ 5-6:30 PM


Real Estate Details:
1414 thru 1416 Broadway Ave., FTW 46802

Commercial 2 story brick 2,941 square feet per floor over full basement on 50’x75’ lot.
Building Details:
1414 & 1416 Broadway, zoned C1 Retail, mostly open retail or office space partially finished with 2 front doors and 2 rear doors, 10’ ceilings, bathroom, 2 stair wells to basement, gas fired steam boiler heat (for entire building).

Property Features

  • Upper Apartments | Overview

    1414 ½ Broadway Ave., FTW

    Front Unit | 1 Bedroom, 1 bath recently updated walls, paint, windows with mini blinds and
    flooring...

    Rear Unit | 2 Bedroom, 1 bath recently updated walls, paint, windows with mini blinds and
    flooring...

  • Upper Apartments | Front Unit: Living Room

    12×12, carpeted, ceiling fan.

  • Upper Apartments | Front Unit: Kitchen

    10×12, tiled, hardwood cabinets, gas stove, refrigerator, stainless steel sink.

  • Upper Apartments | Front Unit: Bedroom

    10×12, carpeted

  • Upper Apartments | Front Unit: Bathroom

    5×6, tiled, tub and shower comb, vanity, stool

  • Upper Apartments | Rear Unit: Living Room

    11×12, carpeted

  • Upper Apartments | Rear Unit: Kitchen

    11×17, tiled, door to future porch, oak cabinets, washer dryer hook ups, gas stove and refrigerator, stainless steel sink

  • Upper Apartments | Rear Unit: Bedroom

    12×12, carpeted

  • Upper Apartments | Rear Unit: Bedroom

    9×12, carpeted

  • Upper Apartments | Rear Unit: Bathroom

    8×7, tiled, tub and shower combo, vanity, stool

  • Lower Apartments | Overview

    1416 ½ Broadway Ave. FTW

    FRONT UNIT | 1 Bedroom, 1 bath recently updated walls, paint, windows with mini blinds and flooring.
    REAR UNIT | 1 Bedroom, 1 bath recently updated walls, paint, windows with mini blinds and flooring

  • Lower Apartments | Front Unit: Living Room

    12×12, carpeted, ceiling fan.

  • Lower Apartments | Front Unit: Kitchen

    11×12, tiled, hardwood cabinets, gas stove, refrigerator, stainless steel sink.

  • Lower Apartments | Front Unit: Bedroom

    15×12, carpeted.

  • Lower Apartments | Front Unit: Bathroom

    8×3, tiled, shower, vanity, stool.

  • Lower Apartments | Rear Unit: Living Room

    12×16, carpeted, ceiling fan

  • Lower Apartments | Rear Unit: Kitchen

    11×12, tiled, hardwood cabinets, gas stove, refrigerator, stainless steel sink, door to future porch

  • Lower Apartments | Rear Unit: Bedroom

    11×11, carpeted

  • Lower Apartments | Rear Unit: Bathroom

    8×7, tiled, tub and shower combo, vanity, stool

  • Exterior Details

    All red brick, newer flat rubber roof, separate gas and electric meters for all 5 tenants. Updated electrical with individual circuit breaker boxes.

  • Taxes

    2014 pay 2015: $1,680.54

Real Estate Terms

Buyer Brokers welcome (contact auctioneer for details).  $5,000 down day of auction, balance on closing.  Buyer(s) to pay winning accepted bid price plus a 2.5% buyers premium (2.5% of winning bid) due at closing.  Property sold absolute, no reserve, sells regardless of price.  Property sold as-is, where-is.  Property sold for cash. (The sale of this property may be financed; however, the sale of this property IS NOT CONTINGENT to financing approval).  The information stated in this brochure are the opinions of the sellers, Scheerer McCulloch Auctioneers, Inc. and its agents, however, the decision to bid on the real estate property is entirely up to the individual bidders based on their own individual inspections, research and opinions. All statements, measurements, zoning and tax information are from reliable sources, however, are not guaranteed to be accurate. Statements made day of auction takes precedence over any and all previous oral or written matter.  Real estate closing within 35 days of auction.  *Real estate taxes: Real estate tax information stated indicates what the current owner is required to pay and is merely a guideline (the new buyer’s real estate taxes may or may not be the same as what the current owners is required to pay). Real estate taxes prorated to date of closing.