Calabria Restaurant

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30050209
Property Subtypes: Convenience Store, Free-Standing Building, Mixed Use, Restaurant, Retail-Pad, Tavern/Bar/Nightclub, Vehicle Related
Status: Pending
Building Size (RSF): 3,972 SF
Gross Land Area: 0.70 Acres
Sale Price: $495,000
Unit Price: $124.62 PSF
Property Use Type: Vacant/Owner-User, Business
Building Name: Calabria
Usable Size (USF): 3,972 SF
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/6/2020

Overview / Comments

This LOCATION HAS IT ALL,, utilize curretnt , Turn Key and 1,900 sq.ft. of living space with 3,352 sq.ft. of restaurant seating space. OR use this lot for something else as it sits directly NEXT DOOR TO ONE OF THE MOST $ PRODUCING McDONALDS RESTAURANT The View alone on the second floor is incredible. You must see it to appreciate the cleanliness and condition of all equipment, dishware, furniture etc. 3 floors, main level has full commercial kitchen, dining room, waiting area and check out area. Lower level has banquet room, prep kitchen area and bathroom, with exterior stairwell. Upstairs boasts 3+ bedroom, 2 bath, Kitchen with a view and a 24'x16' living room, laundry and open concept kitchen. Traffic count over 24,000 daiy

List of equipment included is available upon request.

Please give 24 hours’ notice.

Additional Details

Nearest MSA: Elkhart-Goshen
County: Elkhart
Tax ID/APN: 20-03-31-151-048.000-030
Retail Clientele: General, Business, Traveler, Recreation
Property Located Between: South Bend Indiana and Angola Indiana
Property Visibility: Excellent
Largest Nearby Street: US 120
Traffic/Vehicle Count: 24,000
Highway Access: US 120 almost to corner
Airports: Elkhart
Site Description: Corner of ST RD 120 and CR 17. One of the highest traffic routes in Elkhart County, Northern Indiana. Minutes south of the I 80/90 Toll Road and minutes north of the US 20 bypass.
Area Description: Surrounded by retail, gas stations, restaurants. it is at intersection of CR 17 and US 120.. traffic thoroughfare for trucks and cars from MIchigan into Indiana
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1993
Parking Type: Surface
Parking Description: Paved
Heat Type: Electricity
Air Conditioning: Other
Zoning Description: B-2
Water Service: Municipal
Legal Description: RIVERVIEW PLACE LOT 7 S 400FT EX W 20FT & S 400FT LOT 8 EX PT FOR HWY

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 25,215 79,920
Median Age: 39.42 35.99
Households: 9,794 29,649
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