4 Davis St - Restaurant FOR SALE


Hamlet, IN 46532
$502,500 USD
574-286-9159
4 Davis St, Hamlet, IN for Sale
$502,500 USD
Restaurant - FOR SALE
1/17
null | Request Cap Rate

NEW


4 Davis St
Hamlet, IN 46532


HIGHLIGHTS

  • Three way liquor license for the whole county included in the sale.
  • Well established restaurant and bar.
  • Building has been with all new roof, LED later new water heater, painted, etc.
  • Large eight (8) room, 2,521 SF upstairs apartment.
  • Restaurant has a loyal client base including large carry out business.
  • 100 amp electrical service in some parts of the building and also 200 am electrical service.

OVERVIEW

The sale of this property includes a Three Way Liquor License valid throughout Stake County, Indiana. This historic brick building, originally constructed in 1915, offers a rare opportunity with its well-established restaurant and bar on the main floor, with a large sitting area, hardwood floors and a prime rib cooker included. All bar and restaurant equipment is in excellent condition. The property has been extensively updated with a new roof, LED lighting, a newer water heater, fresh paint, and both 100-amp and 200-amp electrical service in different areas of the building. The restaurant enjoys a loyal client base and a strong carry-out business. Upstairs, a spacious eight-bedroom, 2,521 SF rental apartment is immediately ready for occupancy, complete with central air. The property is supported by municipal water and sewer. This is a unique turnkey opportunity blending historic charm with modern convenience.

FOR SALE DETAILS

PRICE

$502,500 USD

PRICE/SF

$100 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Waymire Corner Tap

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1915

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,670 SF

ZONING

Commercial

APN/PARCEL ID

75-02-24-402-077.000-016

ASK ABOUT THIS PROPERTY

Roy RoelkeNAI CressyMore Info
574-286-9159

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Roy RoelkeNAI CressyMore Info
574-286-9159

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