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Property profile & analytics
OFF-MARKET
Parking lots & garages

5365 620th S Wolcottville, IN 46795-8813

0.44 ac lot Built 2006
Individually Owned Free & Clear
Property ID
US31-1663064
Property summary
AI-generated overview

This exceptional restaurant opportunity, the Adams Lake Pub, is offered at $885,000. The 6,720 square-foot, two-story building sits on a 1.39-acre lot in Wolcottville, Indiana (46795), and boasts a 100% occupancy rate. Built in 2004 with significant renovations in 2009, 2012, 2018, and 2021, this property includes a utility shed (16'x26'), two gas fireplaces, two bars, a passenger elevator, and an upstairs private facility. Restrooms are conveniently located both upstairs and downstairs, including a separate employee restroom. Outdoor amenities include a service deck and bar with additional seating. The property features a comprehensive 24-point security system with 14-camera surveillance and a Cummins V-8 natural gas generator. The fully equipped executive chef kitchen includes all equipment, inventory, and fixtures. This prime location is surrounded by numerous lakes, attracting boaters, campers, and seasonal residents, creating a high-demand market. The property is zoned with a variance and has the APN numbers: 44-10-25-100-030.001-010

Property profile
Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 2006
Lot 0.44 ac (19,166 SF)
APN 44-10-25-100-050.000-010
UPID US31-1663064
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
ROBERT L EDWARDS
ROBERT L EDWARDS
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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