Former Adams Lake Pub Restaurant 5365 E County Road 620 S

Investment Highlights

Freestanding turn-key waterfront restaurant with 63? of lake frontage on Adams Lake 2019-building repairs, improvements and equipment updates All licenses and state inspections are renewed and up-to-date

Executive Summary

Sale includes: utility shed (16?x26?), 2 gas fireplaces, 2 bars, a passenger elevator, upstairs private facility, 1 men?s & 1 women?s rest room upstairs with the same downstairs plus one employee rest room downstairs, service deck and bar with additional outdoor seating, 24 point security system with 14 camera surveillance, and a Cummins V-8 natural gas generator. Numerous renovations were complete in 2009, 2012, 2018, and 2021.Densely populated with lake cottages, seasonal homes, and recreational enthusiasts, Adams Lake offers boaters, jet skiers, campers, and weekenders a fun, safe environment to enjoy the outdoors. Public and private boat docks are available at numerous locations around the 308-acre lake.This is a place where the quiet lifestyles of a Mid-Western community and the bustle of small-town America come together in a peaceful co-existence. Close to 32,000 people live in this small rural farming community bordered on the north by Michigan, by Steuben County on the east, Elkhart County on the West, and Noble County to the south.Aquatic activities are a major pastime for residents and visitors to LaGrange County. The 64 lakes dotting the county offer activities such as water skiing, swimming, boating and fishing. The population increases in the summer months as people from nearby cities travel in search of a relaxing, quiet summer retreat.Within a 10-mile radius are the following lakes: Atwood, Barr, Big Long, Big Turkey, Blackman, Cree, Dallas, Eve, Hackenburg, Lake of Woods, Latta, Little Turkey, Martin, McClish, Messick, Moore, Nauvoo, Olin, Oliver, Pretty, Spectacle, Spring, Steinbarger, Sylvan, Tamarack, Taylor, Waldron, West, Westler and Witmer.

• Sale Type    Investment
• Property Type    Retail
• Property Subtype    Restaurant
• Building Size    6,720
• Building Class    B
• Year Built/Renovated    2004/2009
• Price    885,000
• Price Per SF    132
• Tenancy    Single
• Building Height    2 Stories
• Building FAR    0.11
• Land Acres    1.39 AC

• Waterfront