200 Main St - Restaurant FOR SALE


Hobart, IN 46342
$2,300,000 USD
219-545-2859
200 Main St, Hobart, IN for Sale
$2,300,000 USD
Restaurant - FOR SALE
1/14
null | Request Cap Rate

200 Main St
Hobart, IN 46342


HIGHLIGHTS

  • Fully Built-Out operating successful restaurant
  • Sale includes business and all FF&E
  • Seating for 163 inside; Outdoor patio seats 90
  • Overlooking Lake George
  • New roofs, floors, plumbing and windows
  • Popular restaurant with great sales-ask Broker for additional details

OVERVIEW

Tavern on the Lake in Hobart, Indiana offers an opportunity to acquire an operating, profitable restaurant located directly on Lake George. The property benefits from its waterfront setting and established presence in the market, drawing consistent traffic from both local patrons and visitors to the downtown area. The building is approximately 6,500 square feet and includes a 2,300 square foot outdoor patio overlooking the lake. The structure is built with Flexicore concrete floors and ceilings, providing long-term durability. The layout is open with clear span space, including front windows that fully open, more than ample storage, and features a separate area dedicated to dishwashing and cleaning to support operations. The restaurant is fully operational with an existing customer base and infrastructure in place. This offering provides a combination of an established business, functional building design, and a lakefront location. Do not approach the business.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$292 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,754 SF

ZONING

B2

APN/PARCEL ID

45-09-32-152-015.000-018

ASK ABOUT THIS PROPERTY

Aaron McDermottLatitude CommercialMore Info
219-545-2859

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Aaron McDermottLatitude CommercialMore Info
219-545-2859

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