2417 Spy Run Avenue

Description

Historic Mixed-Use Investment Opportunity | Established Airbnb Business & Event Venue Own one of Fort Wayne’s most unique and recognizable historic properties. This stunning Queen Anne landmark, overlooking the beautiful St. Joseph River, combines historic character with a thriving hospitality business and multiple established income streams. Designated as a Local Historic District property, this remarkable building is one of the last three remaining structures of the historic C.L. Centlivre Brewing Company. The recently restored and freshly painted exterior showcases its timeless architecture, while the interior features beautiful original oak floors, rich woodwork, and a grand open staircase leading to the tower. The property is fully operational and includes: Four fully furnished short-term rental apartments with an established Airbnb business: Two one-bedroom units averaging $150 per night One premium one-bedroom unit averaging $175 per night One two-bedroom unit averaging $225 per night A fully furnished event center currently hosting weddings, corporate events, private parties, showers, and special occasions. Weddings typically generate $1,000–$4,000 per event. Corporate events rent for $250 per hour. Private events rent for $175 per hour. Eleven garage/storage units currently leased at $150 per month each, providing reliable recurring income. Guests and event attendees are just minutes from downtown Fort Wayne, major hospitals, restaurants, shopping, and entertainment. Whether you’re an investor seeking diversified cash flow, an entrepreneur looking for a turnkey hospitality business, or someone who appreciates owning an irreplaceable piece of local history, this property offers an exceptional opportunity. With established short-term rentals, a successful event venue, stable garage rental income, and significant historic charm, this is far more than real estate—it’s a thriving business with room for continued growth.