528 - 532 S Main St 526 S Main St

526 S Main St , Elkhart, Indiana, 46516 | 13,500 sq.f

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About This Restaurant

Investment Highlights

Historic theater with thriving business for sale. Virtual 3D walkthrough https://maps.app.goo.gl/jVBuhwyGj1NZMZpm6 (copy paste in new browser) Music venue, restaurant, retail and multifamily units.

Executive Summary

Three Building Multi-Level Dining and Entertainment Complex: For sale business and building(s) at 526 S. Main Street Elkhart, IN 46516Entire Turnkey Restaurant package for sale, currently operating. Seller will consider selling the Real Estate only and/or a short leaseback term. All equipment/furnishings/inventory included. Zoning is Commercial Mixed Use.3 buildings in total, Including 3 apartments and upstairs office space.(Buyer to verify square footage, taxes and zoning)

Property Details

  • Sale Type    Investment or Owner User
  • Sale Condition    Business Value Included
  • Property Type    Retail
  • Property Subtype    Bar Bar General Retail Restaurant General Retail Storefront Retail/Residential Office Office Residential Bar
  • Building Size    13,500
  • Building Class    B
  • Year Built/Renovated    1920/2014
  • Cap Rate    6
  • Tenancy    Single
  • Building Height    3 Stories
  • Building FAR    1.55
  • Land Acres    0.20 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Air Conditioning

Nearby Amenities & Transportation

Retail The YMCA
Retail Old National Bank
Retail Fifth Third Bank
Retail Hacienda Elkhart
Retail Martin's Super Market (indiana)
Retail Premier Rental Purchase
Retail Rent-A-Center
Retail Harold's Chicken
Retail Kroger
Retail WW

Property Taxes

Parcel Number 20-06-05-478-003.000-012 Improvements Assessment $32,400
Land Assessment $122,700 Total Assessment $155,100
Date Created: 2024-07-16 04:13:41 Last Updated: 2024-07-16 04:13:41
Address: 526 S Main St , Elkhart, Indiana, 46516