Property summary
This exceptional commercial property, located at 108 W Main Street in the thriving town of Mentone, Indiana, presents a unique investment opportunity. Situated on a 0.1-acre lot, this general commercial building boasts a prime location in the heart of Mentone, ensuring high visibility and foot traffic. Currently operating as a restaurant, the building offers a versatile layout adaptable to various commercial uses. The interior features a well-equipped kitchen (excluding a leased Pepsi cooler and ice maker), a checkout/bar top, two public restrooms, and a buffet station. Ample open space allows for flexible seating arrangements or customization to meet specific business needs. The sale includes all existing kitchen equipment, excluding the aforementioned leased items. Importantly, this sale does not include the current business, its furniture, dГ©cor, or inventory. The current tenant expresses a strong interest in remaining, presenting a potential income-generating opportunity for the new owner. This landmark building offers a blend of established infrastructure and significant potential for future growth, making it an attractive proposition for discerning investors seeking a profitable venture in a desirable location. The property's strategic position within Mentone ensures easy access for customers and employees alike. This is a rare chance to acquire a well-established commercial space in a vibrant community. The asking price is $225,000.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
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Restaurant
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
NON-P · Mentone, INZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for NON-P in Mentone, IN.
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