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    OFF-MARKET
    Turn key restaurants

    101 Main St, Wolcottville, IN 46795-9637

    4,215 SF 0.44 ac lot Built 1929
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US31-1933496
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1929
    Construction WOOD
    Total area 4,215 SF
    Lot 0.44 ac (19,149 SF)
    APN 57-04-03-400-097.000-012
    UPID US31-1933496
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    SUSAN L MILLER
    SUSAN L MILLER
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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