4293 Us-35 La Porte, IN 46350
This exceptional 9,122 square foot, two-story banquet hall and event space presents a lucrative investment opportunity in La Porte, Indiana. Situated on a spacious 4.93-acre lot at 4293 US-35, this property boasts a prime location with convenient highway access. Built in 1982, the building is zoned B2 - General Commercial, offering versatility for various uses. The property includes a balcony, patio, public restrooms, and exterior lighting. Included amenities are a freezer, refrigerator, water heater, and water softener. The property also features 220-volt electrical service, ideal for a spa or other specialized equipment. With ample parking for one vehicle and seating for 250 guests, this established venue has a proven track record of success and significant potential for future growth. A transferable three-way liquor license adds further revenue potential. The property's APN is 46-06-09-326-008.000-042. This is a rare opportunity to acquire a thriving business with room for expansion in a desirable location. Don't miss this chance to own a piece of La Porte's vibrant hospitality scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.