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241 Liberty St Lowell, IN 46356

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For Sale
$495,000

Turn-key Restaurant & Retail Opportunity

Property Features for 241 Liberty St

General Information

Property type
Retail properties & Spaces
Lot Size
23,958 SF

Building Details

Year Built
1970

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Listing Contact
nira

Listing Agency: Century 21 Circle Listing Agent: nira

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional commercial property at 241 N Liberty Street, Lowell, Indiana, presents a unique investment opportunity. Encompassing three parcels totaling 0.88 acres, this 4,000+ square foot space is currently configured as a fully equipped, turn-key restaurant and bar. The property boasts a complete commercial kitchen, a full bar with all necessary equipment, and a spacious dining area featuring booths. A significant advantage is the inclusion of a valuable three-way liquor license, allowing for immediate operation. The property's strategic location is a key selling point. Situated just steps from a new city park development, it benefits from anticipated high foot traffic and strong community engagement. This park will include an outdoor amphitheater, community building, splash pad, and playground, further enhancing the property's appeal. Annual property taxes are under $10,000, and ample parking is available. The versatility of this space allows for a variety of uses, including casual or upscale dining, or even an event venue. This property is ideally suited for entrepreneurs or investors seeking to capitalize on the growth and development within the thriving Lowell community. The 0.55-acre lot offers significant potential for future expansion or development.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

Location Insight

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  • Local Demand
City
Lowell
County
Lake
State
Indiana
Longitude
-87.42633
Latitude
41.2924

FAQs

What type of property is this?
Retail property - Turn-key Restaurant & Retail Opportunity
Where is this retail property located?
The property is located at 241 Liberty St Lowell, IN.
What is the asking price?
The asking price for this property is $495,000.
More about this property
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