100 W 4th St

Investment Highlights

Executive Summary

Turn key successful restaurant for sale in Hobart. Not only do you have a great business opportunity you have a great building as well. The downstairs where the restaurant is located has been remodeled including plumbing, electric, windows, 2 bathrooms and roof in the last year. All the inventory and equipment stays from the custom tables made from the old gym floors to the expresso machine. Upstairs there are 5 rooms that are unfinished that were used as office space at one time. This unused space would be great to convert into apartments for additional income.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant Restaurant General Retail Storefront Office Office Residential Restaurant
• Building Size    1,875
• Building Class    C
• Year Built/Renovated    1915/1978
• Price    150,000
• Price Per SF    80
• Percent Leased    100
• Tenancy    Multiple
• Building Height    1 Story
• Building FAR    0.54
• Land Acres    0.08 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.

• Corner Lot
• Restaurant
• Signage
• Air Conditioning