600 Wabash St Michigan City, IN 46360-3416

Property Details for 600 Wabash St

Year built

2003

Construction

WOOD

Lot size

0.47 lot acres

Property size

2,881 SF

Property type

Turn key restaurants

APN

46-01-29-406-002.000-022

APU

460129406002000022

Description

This exceptional 2,888 square foot restaurant, built in 2003, is located on a 0.47-acre lot at 600 Wabash St, Michigan City, IN 46360. Situated directly across from the Lighthouse Premium Outlets, this single-unit property enjoys unparalleled visibility and high foot traffic. The CBD1 zoning allows for a variety of uses. The property features a spacious dining area, a well-appointed kitchen, and a unique, grandfathered-in drive-thru window. Ample off-street parking is available for customers. The 100% occupancy rate speaks to the property's desirability. This prime location offers easy access to major highways and benefits from the proximity to Lake Michigan and the thriving Central Business District. The asking price is $1,199,000 ($415.17/sq ft). This presents a significant opportunity for restaurateurs seeking a high-visibility location with established customer traffic. The potential to add a special district liquor license further enhances the investment potential. This is a rare opportunity to acquire a well-established restaurant in a booming tourist area.