1326 119Th St Whiting, IN 46394
For Sale
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This exceptional commercial property at 1326 119th Street in Whiting, Indiana, presents a unique investment opportunity. The 23,390 square foot building currently operates as a well-established sit-down restaurant, featuring a spacious dining area easily adaptable for private events. A dedicated party room caters to gatherings and corporate functions, adding versatility to the venue's offerings. The expansive bar area is a key social hub, attracting a loyal local clientele. A convenient carryout window enhances operational efficiency and expands customer reach. The kitchen is equipped with high-end appliances and ample workspace, complemented by multiple storage coolers for optimal ingredient management. Upstairs, a large open space offers significant potential for redevelopment. Possible uses include a speakeasy, adding a unique dimension to the business. This upper level also includes three offices, a conference room, and a full bathroom, providing ample space for administrative functions and staff. The property is offered at $1,499,999 and represents a substantial opportunity to acquire a thriving business with significant expansion potential within a vibrant community. The property sits on a 0-acre lot. This is more than just a restaurant
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Beggars Pizza Whiting Take-out & Catering Catering Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.