216 S Calumet Rd

Investment Highlights

Located along highway 270, a highly traveled road through Calumet Opportunity for up to three tenants with both restaurant buildings and attached apartment Commercial kitchen equipment in both buildings conveyed in the sale

Executive Summary

Both properties, 216 and 224 S Calumet Rd, are included in the sale. Square footage is 2,088 and 2,580 respectively. 216 S Calumet Rd, also known formerly as KJ's 270 Grill, has been used as a restaurant for years and is ready for new tenants alongside this highly-traveled road through Calumet. The fire suppression system has been replaced and restrooms redone with new toilets. 224 S Calumet Rd, located next door, has great potential as a diner/drive-thru. Both properties contain commercial kitchen equipment and dining tables and chairs, which convey with the sale. 224 S Calumet Rd also has a small 1-bedroom apartment attached which could potentially be used for additional rental income for the property. The building owner was leasing 216 S Calumet to restaurant tenant for $1,750/month. Both properties are being sold AS-IS.

• Sale Type    Investment or Owner User
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    4,668
• Building Class    C
• Year Built    1977
• Price    170,000
• Price Per SF    36
• Tenancy    Single
• Building Height    1 Story
• Building FAR    0.23
• Land Acres    0.46 AC