8939 E Southshore Dr - Restaurant FOR SALE


Unionville, IN 47468
$765,000 USD
812-330-7568
8939 E Southshore Dr, Unionville, IN for Sale
$765,000 USD
Restaurant - FOR SALE
1/22
null | Request Cap Rate

NEW


8939 E Southshore Dr
Unionville, IN 47468


OVERVIEW

The Porthole Inn, a legendary bar & grill overlooking Lake Lemon, is now available for purchase. This unique opportunity includes both the real estate and the established restaurant business, which has been serving the Unionville and Bloomington community since 1957. The offering consists of a ±2,682 SF restaurant building featuring indoor and outdoor seating, a full commercial kitchen with pizza oven and walk-in coolers, and a bar with a small stage for live entertainment. Recent updates include new garage doors on the east side of the building. The property also offers ample parking and includes a detached one-bedroom, one-bath cabin, ideal for staff housing, storage, or supplemental rental income. A dock on Lake Lemon, leased for use by the Porthole Inn (Leased Annually), provides direct lake access and attracts boaters and lake visitors as customers. The Porthole Inn business conveys with liquor and food licenses, all furniture, fixtures, and equipment (FF&E), and a brand legacy spanning more than six decades. The business is fully operational, open year-round, and financials are available upon request.

FOR SALE DETAILS

PRICE

$765,000 USD

PRICE/SF

$285 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Porthole INN

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1957

SPRINKLERS

-

PARKING SPACES

21

LAND DETAILS

LAND ACRES

0.54 AC

LAND SF

23,468 SF

ZONING

-

APN/PARCEL ID

53-01-35-300-030.000-003,53-01-35-300-048.000-003

ASK ABOUT THIS PROPERTY

Chris CockerhamF.C. Tucker/Bloomington RealtorsMore Info
812-330-7568

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Chris CockerhamF.C. Tucker/Bloomington RealtorsMore Info
812-330-7568

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