107 Northpointe Blvd Elkhart, IN 46514
- Turn key restaurants
- 5,264 SF
- 0.89 lot acres
Current Use by Public Records
- Elkhart Breakfast Optimist Club / Club
- Perkins Restaurant & Bakery / American Restaurant / Breakfast Restaurant
- MrBeast Burger / Hamburger Restaurant
Property Details for 107 Northpointe Blvd
- Year built
- 1995
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.89 lot acres
- Property size
- 5,264 SF
- Zone code
- ZO01
- Property type
- Turn key restaurants
- APN
- 20-02-20-251-035.000-027
- APU
- 200220251035000027
Description
This exceptional investment opportunity presents the chance to acquire two established Perkins Restaurant locations in Elkhart, Indiana. The combined asking price for both properties is $1,895,000. The Elkhart location, situated at 107 Northpointe Blvd, Elkhart, IN 46514, includes the real estate in the sale. This 5,264 square foot storefront sits on a 0.89-acre lot (APN: 20-02-20-251-035.000-027) and boasts a prime location on Cassopolis St/SR 19, directly off the I-80/90 exit. The property, built in 1995, benefits from a high-density hotel area surrounding it, ensuring consistent customer traffic. The sale includes the franchise, goodwill, furnishings, fixtures, and equipment. The business generates gross revenue exceeding $1.1 million annually. Importantly, local management will remain in place post-sale, providing continuity and operational expertise. The property is zoned for commercial use. This is a turnkey opportunity to own a profitable, established restaurant business with significant growth potential. The South Bend location must be purchased concurrently with the Elkhart location to complete the acquisition. This is a rare chance to own a well-established, high-performing restaurant franchise in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Elkhart
- County
- Elkhart
- State
- Indiana
- Longitude
- -85.9747
- Latitude
- 41.7343
- CBSA code
- 21140
- CBSA name
- ELKHART-GOSHEN, IN METROPOLITAN STATISTICAL AREA