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    704 Huntington St Syracuse, IN 46567

    For Sale
    Contact for pricing

    Turnkey Restaurant/Bar with Apartment

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional turnkey restaurant and bar in Syracuse, Indiana, presents a fantastic investment opportunity. Perfectly positioned for immediate operation, this vibrant establishment boasts a steady monthly income of $700 from its included upstairs apartment, which features one bedroom, one bathroom, and a washer/dryer. The apartment's utilities are included in the rental income. The sale includes all equipment, furniture, and a three-way liquor license (covering beer, wine, liquor, and carryout sales). This allows for immediate commencement of business operations. Recent upgrades enhance the property's value and efficiency, including a new air conditioning system and a newer furnace. The property sits on a 0.07-acre lot at 704 N Huntington Street. This unique offering combines the potential for significant revenue generation from the restaurant and bar with the added benefit of consistent rental income from the residential unit, making it an attractive investment for those seeking a diversified income stream within the hospitality industry. The property will be sold via online auction on Thursday, February 27, 2025, with bidding closing at 6 pm. Don't miss this chance to acquire a thriving business with immediate income potential.

    Property Features for 704 Huntington St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1870
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Huntington Street Bar ... Bar

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Syracuse
    County
    Kosciusko
    State
    Indiana
    Longitude
    -85.75217
    Latitude
    41.42746

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    FAQs

    What type of property is this?
    Commercial real estate - Turnkey Restaurant/Bar with Apartment
    Where is this commercial real estate located?
    The property is located at 704 Huntington St Syracuse, IN.
    (260) 982-0238
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    704 Huntington St Syracuse, IN 46567
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