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    57968 County Road 7 Elkhart, IN 46517

    For Sale
    $450,000

    Restaurant/Bar, Bar,Restaurant - Elkhart, IN

    Lot size:
    1.00 Acre
    Days on Market:
    208
    Last Refresh:
    Dec 14 at 7:06 pm

    Property Features for 57968 County Road 7

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bathroom 5, Kitchen
    Bathrooms
    5
    APN
    20-06-17-351-001.000-009
    Interior features
    Drywall, Wood, Basement, Public Restrooms, Refrigeration/Freezer
    Exterior features
    Basement, Public Restrooms, Refrigeration/Freezer
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1863
    Floors in Building
    1
    Building materials
    Brick
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    Myers Trust Real Estate (574) 875-5149 [email protected]

    Listing agent Andrew Myers (574) 875-5149 License #RB14031728

    Listing date May 21, 2025

    MLS# 202518830 Listing URL

    Copyright © 2025 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Elkhart Restaurant/Bar with Liquor License

    This is a restaurant and bar with a liquor license, situated on a 1-acre property zoned B-3. The building features large dining areas and a bar with 9 seats. There are a total of 5 restrooms, including 2 that are handicap accessible. The current setup includes 6 pool tables. The sale includes all furniture and equipment, with the exception of leased equipment. The property also boasts high ceilings, a large deck, a walk-in cooler, and a commercial kitchen with a hood. The building is noted for its great character and historic significance. Seating capacity is approximately 150. The property is located at a signalized corner.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Elkhart
    County
    Elkhart
    State
    Indiana
    Longitude
    -85.984325
    Latitude
    41.653831

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    FAQs

    What type of property is this?
    Bar - Restaurant/Bar with liquor license on a 1-acre B-3 zoned property.
    Where is this bar located?
    The property is located at 57968 County Road 7 Elkhart, IN.
    What is the asking price?
    The asking price for this property is $450,000.
    What are key features of this property?
    This property features: - Includes a liquor license and all furniture/equipment (except leased items).; - Located on 1 acre of B-3 zoned property at a signalized corner.; - Large dining areas with seating for approximately 150, including bar seating.
    (574) 875-5149
    Request Owner's contact information
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    Elkhart, IN 46517
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    57968 County Road 7 Elkhart, IN 46517
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