505 Grant Ave Fowler, IN 47944
- Retail properties
- 4,096 SF
- 0.27 lot acres
Current Use by Public Records
- Retail properties
Property Details for 505 Grant Ave
- Year built
- 1900
- Lot size
- 0.27 lot acres
- Property size
- 4,096 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional turn-key bar and restaurant opportunity in Fowler, Indiana, encompasses a substantial 4,096+/- square foot building constructed in 1900 and situated on a generous 0.27+/- acre lot (100' x 180'+/-). The property boasts seating for approximately 100 patrons within the main restaurant and bar area. All equipment, furniture, décor, and a liquor license (transferable upon qualification) are included in the sale, along with remaining inventory, web domain, and name rights. A significant advantage is the inclusion of two leased one-bedroom, one-bathroom residential units located upstairs, providing additional income streams. Recent upgrades enhance the property's value, including a newer roof, upgraded electrical service, a new central air/furnace system, and new carpeting. The extensive commercial kitchen equipment is comprehensive, featuring a six-burner commercial stove, fire suppression system, flat grill, charbroiler, convection oven, fryers, slicer, multiple refrigerators and freezers, a walk-in freezer, and a walk-in refrigerator. Bar equipment includes a keg cooler with three lines, a soda dispensing system, and ample prep and work tables. Furnishings include dining tables, chairs, and barstools, along with a sound system. Further enhancing the property's functionality are a 22-kilowatt emergency generator, a fenced-in rear lot with storage sheds, and a separate fenced-in dumpster area. This is a complete and ready-to-operate business.
Value Estimation
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fowler
- County
- Benton
- State
- Indiana
- Longitude
- -87.3144
- Latitude
- 40.6132