Property summary
This vacant, 4,439 square foot restaurant and bar in Churubusco, Indiana, is available for $310,000. Located on a 4.47-acre lot at 913 E. US Highway 33 #57, this single-story, Class B building boasts a recently installed metal roof and updated HVAC systems (bar side within the last 6 years, family side within the last 2 years). The property includes three modernized septic tanks and an irrigation system, all updated within the past decade. A new grill hood with fire suppression is also in place. The property features C3 zoning, offering diverse business opportunities. Previously operating until February 2023, this established location near Tri-Lake offers significant potential. An on-site advertising pole generates an additional $1,800 in annual income. The building was constructed in 1982 and has a 4,439 square foot net rentable area. The property's APN is 57-20-31-200-005.000-007. A liquor license is available for separate purchase. The occupancy date is February 18, 2024.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
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Zoning
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