5365 E County Road 620 S - Restaurant FOR SALE


Wolcottville, IN 46795
$885,000 USD
260-341-0230
5365 E County Road 620 S, Wolcottville, IN for Sale
$885,000 USD
Restaurant - FOR SALE
1/9
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5365 E County Road 620 S
Wolcottville, IN 46795


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$885,000 USD

PRICE/SF

$132 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Adams Lake Pub Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2004

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

1.39 AC

LAND SF

60,548 SF

ZONING

Variance

APN/PARCEL ID

44-10-25-100-030.001-010

ASK ABOUT THIS PROPERTY

Rachel RomaryNAI Hanning & BeanMore Info
260-341-0230

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Rachel RomaryNAI Hanning & BeanMore Info
260-341-0230

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