You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR SALE
Turn key restaurants

3535 S Main St Elkhart, IN 46517

6,872 SF 1.38 ac lot Built 1985
Entity Owned 5-yr Hold Free & Clear
Property ID
US31-0047684
Property summary
AI-generated overview

This exceptional investment opportunity presents a thriving 6,872-square-foot free-standing restaurant, known as Fiesta Cancun, ideally situated on a 1.38-acre outlot in front of Concord Mall in Elkhart, Indiana. Built in 1985, the property boasts a spacious layout including a large kitchen and prep area equipped with multiple coolers and freezers, a separate bar area, a substantial dining area, and a private party or meeting room. Ample on-site parking accommodates 83+ vehicles. The restaurant benefits from a high-traffic location on South Main Street (US 33), a major thoroughfare averaging 27,241 vehicles daily, strategically positioned between Elkhart and Goshen, and just 0.5 miles from the US-20 exit. This B2-zoned property is part of the Concord Mall retail development, surrounded by a mix of local and national retailers, offering excellent visibility and accessibility. The asking price is $625,000. The property's APN is 20-06-22-254-006.000-011. This turnkey restaurant presents a rare opportunity to acquire a well-established business in a prime retail location. The property consists of one building and has undergone recent updates.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Construction WOOD
Total area 6,872 SF
Lot 1.38 ac (60,113 SF)
Zoning code ZO01
APN 20-06-22-254-006.000-011
UPID US31-0047684
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Fiesta Cancun Mexican Restaurant & Cantina Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Eini LLC · 5 yrs held
Eini LLC
since 2020
Last sale
$390,000
2 recorded transactions
2020
$390,000
2004
Price N/A
Zoning & alternative use
ZO01 · Elkhart, IN
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message