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Property profile & analytics

108 Main St Mentone, IN 46539

  • Commercial real estate
  • 3,485 SF
  • 0.08 lot acres
OFF-MARKET
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US31-2329053
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Teel's Family Restaurant / Restaurant
  • El Toluco Mexican Restaurant / Restaurant

Property Details for 108 Main St

Year built
1900
Construction
WOOD
Lot size
0.08 lot acres
Property size
3,485 SF
Zone code
NON-P
Property type
Commercial real estate
APN
43-13-01-400-012.000-036
APU
431301400012000036

Description

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.


Value Estimations

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  • CAP approach

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Location Insight

  • Map
  • Local Demand
City
Mentone
County
Kosciusko
State
Indiana
Longitude
-86.0358
Latitude
41.1731
CBSA code
47700
CBSA name
WARSAW, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,109
$6,200
$40,000
$46,200
-
$6,200
$40,000
$46,200
More about this property
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