101 Main St, Wolcottville, IN 46795-9637
This exceptional 4,215 square foot restaurant located at 101 S. Main St., Wolcottville, IN 46795, presents a unique investment opportunity. Built in 1929, this single-story building sits on a 0.44-acre lot (APN: 57-04-03-400-097.000-012) and is zoned B-4 - Central Business District. The property boasts a fully equipped kitchen and bar, complete with 12-foot and 4-foot exhaust hoods, a walk-in freezer, and a walk-in cooler. Recent upgrades include new carpeting and tables installed in 2023. The sale includes a valuable 3-way liquor license. This established business benefits from its convenient location near Witmer, Adams, and Sylvan Lakes. The asking price is $599,000, translating to $142.11 per square foot. The net rentable square footage is 4,215 square feet. This turnkey operation is ready for a new owner to continue its success. The property's historical charm combined with its modern amenities makes it an attractive proposition for discerning buyers. This is a rare opportunity to acquire a thriving restaurant with significant potential for growth in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.