3,498 Sf Office Building, 35x45 Outbuilding, & 2 Lots Selling In 4 Tracts

Near E. Paulding & Lafayette St. • All Tracts Zoned Industrial-1 • Former Scheerer McCulloch Headquarters • Business Potential

515 E Paulding Rd. Fort Wayne, IN 46816

Tuesday, May 11th, 2021 @ 6:00 pm

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3,498 Sf Office Building, 35x45 Outbuilding, & 2 Lots Selling In 4 Tracts 
Near E. Paulding & Lafayette St. • All Tracts Zoned Industrial-1 • Former Scheerer McCulloch Headquarters • Business Potential  
 

OPEN HOUSES:
MONDAY
APR. 26TH
MAY. 10TH
5:00 – 6:30 PM
 

CLICK HERE TO BID ON PERSONAL PROPERTY

 

SEED Tax Incentives

The former Fort Wayne Enterprise Zone was expanded January 1, 2018 and is now known as the Summit City Entrepreneur and Enterprise District or SEED.

Tax incentives are available to property owners located in the SEED for business real estate and building improvements and for the purchase of certain types of business personal property. The SEED Property Tax Investment Deduction is a property tax deduction for the increased value of a SEED business property due to investment in real and personal property by the business. The added valuation may be deducted for up to 10 years. Qualified investments are defined as follows:

  1. Purchase of an existing building
  2. Construction of a new building
  3. Repair/rehabilitation/modernization of an existing building
  4. Onsite infrastructure improvement
  5. Purchase of manufacturing or production equipment
  6. Retooling of existing machinery
  7. New information technology equipment
  8. New logistic distribution equipment
  9. New research and development equipment

https://www.fwcommunitydevelopment.org/seed-tax-incentives

Property Features

  • TRACT 1 – Office Building:

  • Lobby:

    • 5x8
    • Tile flooring
    • Reception window

  • Front Reception:

    • 14x21
    • Carpet flooring
    • Windows
    • Storage closet
    • Open walkways
    • Ceiling lighting

  • Break Room:

    • 8x11
    • Carpet flooring
    • Built-in cabinets
    • Stainless steel single basin sink
    • Window
    • Ceiling lighting

  • Bathroom 1:

    • 5x6
    • Carpet flooring
    • Half
    • Vanity
    • Wall lighting

  • Office 1:

    • 14x14
    • Carpet flooring
    • Windows
    • Ceiling lighting

  • Office 2:

    • 6x14
    • Carpet flooring
    • Ceiling lighting

  • Office 3:

    • 14x17
    • Corner office
    • Carpet flooring
    • Windows
    • Built-in bookshelf
    • Secret closet behind bookshelf
    • Ceiling lighting

  • Office 4/ Conference Room:

    • 14x14
    • Carpet flooring
    • Ceiling lighting

  • Bathroom 2:

    • 7x7
    • Tile flooring
    • Full bathroom
    • Walk-in shower
    • Vanity
    • Wall & ceiling lighting

  • Storage Closet:

    • 8x8
    • Carpet
    • Built-in cabinets
    • Stainless steel single basin sink
    • Ceiling lighting

  • Garage Bay 1:

    • 16x30
    • 8’ clearance on garage door
    • Concrete flooring
    • Built-in cabinetry
    • Gas heated
    • Pegboard wall
    • Ceiling lighting

  • Bathroom 3:

    • 5x6
    • Located off bay 1
    • Half
    • Tile flooring
    • Utility sink
    • 30 gal gas water heater
    • Ceiling lighting

  • Storage Closet:

    • 9x10
    • Located off bay 1
    • Carpet flooring
    • Ceiling lighting

  • Garage Bay 2:

    • 19x31
    • 8’ clearance on garage door
    • Concrete flooring
    • Wood built storage shelving
    • Gas heated
    • Ceiling lighting

  • Garage Bay 3:

    • 19x31
    • 8’ clearance on garage door
    • Concrete flooring
    • Wood built storage shelving
    • Gas heated
    • Ceiling lighting

  • Bull Pin:

    • 27x45
    • Concrete
    • Surrounding barbed wire fencing
    • Possible 6 car storage

  • More property features

    • Gas Heat
    • City water & sewer
    • Zoned I-1
    • 0.23+/- Acres

  • TRACT 2- Vacant Land:

    • 0.23+/- Acres
    • Zoned I-1

  • TRACT 3- Outbuilding:

    • 35x45
    • 12’ garage door clearance
    • Carpet flooring
    • Gas heater
    • Well insulted
    • Ceiling lighting
    • 6x8 half bathroom
    • 0.23+/- Acres

  • TRACT 4 – Land (Swing Tract):

    • 0.12+/- Acres
    • Parking Area
    • Gravel

  • TRACT 5:

    • Combination

  • RESOURCES:

    Tract 1 Tax Card:
    http://www.acimap.us/website/prc/021224357020000074.pdf?date=4/12/2021%2012:00:00%20AM
    http://www.acimap.us/website/prc/021224357021000074.pdf?date=4/12/2021%2012:00:00%20AM
    Tract 2 Tax Card: http://www.acimap.us/website/prc/021224357018000074.pdf?date=4/12/2021%2012:00:00%20AM
    Tract 3 Tax Card: http://www.acimap.us/website/prc/021224357023000074.pdf?date=4/12/2021%2012:00:00%20AM
    Tract 4 Tax Card: http://www.acimap.us/website/prc/021224357022000074.pdf?date=4/12/2021%2012:00:00%20AM

Real Estate Terms

Buyer Brokers welcome (contact auctioneer for details).  Money down per tract: Tract 1- $6,500. Tract 2- $5,000. Tract 3- $6,500. Tract 4-$5,000. All Tracts- $23,000. 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 subject to confirmation seller.  Property Survey split equally between buyer and seller at closing  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 40 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.