3940 S Franklin St - Restaurant FOR SALE


Michigan City, IN 46360
$799,900 USD
219-221-0920
3940 S Franklin St, Michigan City, IN for Sale
$799,900 USD
Restaurant - FOR SALE
1/9
null | Request Cap Rate

3940 S Franklin St
Michigan City, IN 46360


OVERVIEW

This commercial property has 130' of frontage on highly trafficked Franklin Street, just north of Highway 20. Currently set up as a large restaurant, it features a bright entrance foyer and waiting area with seating for 12 and 3 indoor dining rooms plus a 3-season room with ceiling heaters. All dining rooms feature stone gas fireplaces. Three beverage/server stations, a large dish pit room, a 12-seat bar, and substantial kitchen space, along with 2 walk-ins and drive-through window leave potential for many dining options. 3-way liquor license available with acceptable offer. Property also listed for lease; see MLS #826377.

FOR SALE DETAILS

PRICE

$799,900 USD

PRICE/SF

$140 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

C

APN/PARCEL ID

46-05-04-352-001.000-009

ASK ABOUT THIS PROPERTY

Anna Radtke@properties | Christie's International Real EstateMore Info
219-221-0920

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Anna Radtke@properties | Christie's International Real EstateMore Info
219-221-0920

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