526 S Main St - Bar FOR SALE


Elkhart, IN 46516
$1,498,000 USD
574-386-0055
526 S Main St, Elkhart, IN for Sale
$1,498,000 USD
Bar - FOR SALE
1/18
null | 9.5% Cap Rate

526 S Main St
Elkhart, IN 46516


HIGHLIGHTS

  • Historic theater with thriving business for sale.
  • Music venue, restaurant, retail and multifamily units.
  • Virtual 3D walkthrough https://maps.app.goo.gl/jVBuhwyGj1NZMZpm6 (copy paste in new browser)
  • Business detail provided by property owner at showing/ discussion welcome.

OVERVIEW

Three Building Multi-Level Dining and Entertainment Complex: For sale business and building(s) at 526 S. Main Street Elkhart, IN 46516 Entire 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 office space. CAP Rate and NOI include lease income-(actual and potential) but not the restaurant business. (Buyer to verify square footage, taxes and zoning) Property sold AS IS.

FOR SALE DETAILS

PRICE

$1,498,000 USD

PRICE/SF

$87 USD /SF

CAP RATE

9.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

526 S Main St

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bar

ADD'L SUBTYPES

Restaurant, Storefront Retail/Residential, Office/Residential

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.2 AC

LAND SF

8,712 SF

ZONING

CBD

APN/PARCEL ID

20-06-05-478-003.000-012,20-06-05-478-015.000-012

ASK ABOUT THIS PROPERTY

Julie CircleKeller Williams RealtyMore Info
574-386-0055

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Julie CircleKeller Williams RealtyMore Info
574-386-0055

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.