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 |