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10794 State Rd 1 Hwy Ossian, IN 46777

For Sale
$500,000

Established Business, Prime Location, High Returns

Description

Added:
Feb 3, 2025
Days on Market:
316
This exceptional commercial property, located at 10794 N State Road 1 Highway in Ossian, Indiana, presents a remarkable investment opportunity. Boasting a 1.97-acre lot, this well-established business has thrived since 1961, offering a rich history and proven profitability. The property includes a fully equipped commercial kitchen, perfect for catering and large-scale events. A significant asset is the existing liquor license, expanding the potential revenue streams. The sale includes a comprehensive inventory of catering and reception equipment, along with two vehicles, ensuring a smooth transition for the new owner. Detailed equipment and supply lists are available upon request. The property's convenient location, just minutes from I-469, provides excellent accessibility and visibility. The business also features a lighted gardens reception hall, creating an elegant and inviting atmosphere for events. Note that the ice machine is leased, while the coffee machine is owned by the business (coffee beans are purchased from the supplier, and the machine is provided at no additional cost). This turnkey operation offers immediate income potential and significant upside for a savvy investor. Priced at $500,000, this is a rare chance to acquire a profitable, established business with substantial growth potential.

Property Features for 10794 State Rd 1 Hwy

General Information

Property type
Other commercial real estate
Lot Size
85,813 SF

Building Details

Year Built
1961

Property Profile Location Intelligence

Current Use by Public Records

Commercial real estate

Map

City
Ossian
County
Wells
State
Indiana
Longitude
-85.1675
Latitude
40.89956

FAQs

What type of property is this?
Commercial real estate - Established Business, Prime Location, High Returns
Where is this commercial real estate located?
The property is located at 10794 State Rd 1 Hwy Ossian, IN.
What is the asking price?
The asking price for this property is $500,000.
More about this property
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