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300 E Jackson, Elkhart, IN

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300 E Jackson

Elkhart, IN 46516 - Downtown Elkhart Submarket

Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:1920
Building Size:1,600 SF Land Area:.3 AC (13,068 SF)
For Sale Price:$150,000 Price/SF:$93.75
Cap Rate:9.00 %
Parking:Free Surface spaces are available; Ratio of 9.26/1,000 SF
1,600 SF is available to occupy upon purchase.

This terrific building has been completely redone. New electrical, plumbing, air conditioning, heat, handicap bathrooms, handicap entrance/exit ramp, new landscaping, and new painting inside and out. The building is being sold with all restaurant contents and equipment. This location housed a thriving business, but owners had other personal commitments and could not do both.

Sale Notes:
This charming building zoned now for a drive through is located in the downtown area of Elkhart close to businesses and the new River Walk area of Elkhart. Perfect location for retail, business, food, just about anything you can image. Has all natural hardwood floors and completely remodeled building with inside handicapped restrooms and handicap access outside for the patrons. This tenant uses 100% of the building. Good investment for owner user or straight income based investment. This particular location falls into the liquor serving permit area in the River Walk business plan. The opportunities with this building and location are endless. This is a 9 cap rented as is.

Berkshire Hathaway Home Services- Northern Indiana
Chris Hooley
(574) 675-6998

Lori Snyder
(844) 780-2600

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