107 Northpointe Blvd - Restaurant FOR SALE


Elkhart, IN 46514- North Elkhart
$1,500,000 USD
574-383-8896
107 Northpointe Blvd, Elkhart, IN for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

107 Northpointe Blvd
Elkhart, IN 46514
North Elkhart


HIGHLIGHTS

  • Excellent visibility & access, located just off the I-80 / I-90 (Indiana Toll Road) Exit 92 interchange with strong traffic from regional travelers.
  • Large, well-positioned site with a large pylon sign, ideal for conversion or continued use.
  • Ample parking backed by high-volume traffic from both toll-road users and local shoppers.

OVERVIEW

Existing Perkins turnkey operation, on pace for $1.6 million in sales in 2025, with the opportunity to acquire both real estate and business in one acquisition. A strategic investment for hospitality buyer or restauranteur, combining real estate value and ongoing cash-flow from an established business in a high- traffic node. Perkins franchise agreement runs through 2026 and can be renewed or allowed to lapse, providing flexibility for new owners. Local management and staff can stay in place permanently or through transition period to assure seamless continued operations. Highly synergistic hospitality environment: surrounded by numerous hotels, including the nearby Hampton Inn, Microtel Inn & Suites, Staybridge Suites, Four Points by Sheraton, Fairfield Inn & Suites, Hilton Garden Inn, Holiday Inn Express and Tru by Hilton.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$279 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Perkins Family Restaurant

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

73

LAND DETAILS

LAND ACRES

0.89 AC

LAND SF

38,768 SF

ZONING

B-3

APN/PARCEL ID

20-02-20-251-035.000-027

ASK ABOUT THIS PROPERTY

Andy KnapickPinnacle PropertiesMore Info
574-383-8896

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Andy KnapickPinnacle PropertiesMore Info
574-383-8896

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.