1206 Wayne St Angola, IN 46703
- Commercial real estate
- 12,000 SF
Current Use by Public Records
- Commercial real estate
Property Details for 1206 Wayne St
- Year built
- 1986
- Property size
- 12,000 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity encompasses two thriving franchised restaurants strategically located in Angola, Indiana, a vibrant college town and recreational hub. The combined property boasts an impressive 12,000 square feet of space, housed within two separate buildings. The main building comprises the majority of the square footage, while a secondary building adds an additional 1,660 square feet. Constructed in 1986, these single-story structures are well-maintained and ready for continued success. The asking price is $1,600,000, translating to a price per square foot of $133.33. This turnkey operation includes not only the real estate itself but also all existing equipment and a valuable non-compete agreement, ensuring a smooth transition for the new owner. The business demonstrates strong financial performance, providing a solid foundation for future growth and profitability. Located at 1206 N Wayne St, Angola, IN 46703, this property presents a rare chance to acquire a well-established, profitable business with significant upside potential in a desirable market. The detailed financials are available upon request.
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
- Angola
- County
- Steuben
- State
- Indiana
- Longitude
- -84.9991366
- Latitude
- 41.6491854
