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905 N Wayne Street - Cornerstone Restaurant, Waterloo, IN

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905 N Wayne Street - Cornerstone Restaurant

corner of North Wayne Street (427) and CR 24
Waterloo, IN 46793


Property Type:Retail Sub Type:Restaurant Status:Existing Year Built:1955
Building Size:9,055 SF Land Area:2.17 AC (94,525 SF)
For Sale Price:$238,000 Price/SF:$26.28
Cap Rate:-
Features:Common-area parking only, Pylon Sign, Signage


Restaurant & Banquet Hall for sale and lease. 9,055 SF available.

This building is faced with an all-brick exterior that includes 2 large banquet rooms, 40 x 60 each. The restaurant will seat 50 people, and the private room is 15 x 20. The private lounge is 15 x 12. The large kitchen is excellent for catering with plenty of storage and food prep space with a partial basement available for storage.

Great location! Only 3 miles from I-69 in Waterloo, IN.

Liquor License is NOT included.


Sale Notes:
This is an excellent site for a restaurant, recreation hall, church, etc. Sale includes all restaurant equipment and banquet hall furniture.

Liquor license not included/Three way license available. More ground negotiable--call Denny Worman for more details.

Mike Thomas Associates / F.C. Tucker Realtors
Denny Worman
(260) 403-8451
View all my listings



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