2148 Karwick RdMichigan City, IN 46360

Property Details for 2148 Karwick Rd

Year built

2005

Construction

WOOD

Lot size

3.25 AC

Property size (Sq ft)

8,036 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

46-01-14-354-013.000-070

APU

460114354013000070

Description

This exceptional investment opportunity encompasses a thriving 15,908-square-foot commercial property situated on a 3.25-acre lot in the desirable Long Beach, Indiana area. The property is comprised of two distinct components: a highly successful Hacienda Mexican restaurant, occupying 8,036 square feet, and a 7,872-square-foot office building housing five individual tenants, each with private access and a history of long-term occupancy. Both the restaurant and office building are currently fully leased under net lease agreements, providing a stable and predictable income stream. The restaurant's lease extends to 2033, ensuring long-term financial security. The property boasts ample surface parking, catering to both restaurant patrons and office tenants. Its prime location on N. Karwick Rd, just off busy SR 12, places it within a bustling tourist area and minutes from downtown Michigan City, ensuring high visibility and accessibility. The property is zoned Commercial and offers a compelling combination of established businesses and a strong potential for future growth within a vibrant Lake Michigan community. The asking price for this turnkey investment is $3,825,000.

Location Insight

City

Long Beach

County

Laporte

State

Indiana

Latitude

41.7389

Longitude

-86.8548

CBSA code

33140

CBSA name

MICHIGAN CITY-LA PORTE, IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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