Sold for $245,000 Listed for $249,900
This property is not currently for sale or for rent.
Prime Investment Opportunity - est. 11% CAP Rate! Introducing! 600 N. Wayne Street Angola, Indiana Affordable, Investment Grade Property w/ Opportunity Zone Tax Incentives! ATTENTION - INVESTORS | 3,800 SF Commercial Restaurant For Sale. Prime NE Indiana Location adjacent to the dynamic Angola Central Business District (CBD) & Trine University! ZONED: C-1 City Commercial facilitates multiple business types The Wayne Street Commercial District is US HWY 127 and is home to many national brands neighboring this prominent investment property. High Visibility, Excellent Signage & Average Daily Traffic Counts of 15,714 Very Well Maintained Commercial Facility with Newer, EPDM Roof & HVAC System(s) both replaced circa 2020-Ample On-Site Parking for Customers & Staff Commercial Kitchen Exhaust Hood, Cooler & (3) Bay Sink, Included w/RE Modified Net Leased Asset through May, 2025; Renewal Option w/Increase
Proceed North from the Angola CBD on US HWY 127 - aka N. Wayne Street - Property is on the East (right) side of the road
MLS # | 202434252 |
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Date Listed | 2024-08-30 |
Status | Sold |
Property Type | Commercial |
Property SubType | Restaurant/Bar |
New Construction | No |
Type | Restaurant/Bar |
Annual Taxes | $3,477.00 |
Year Taxes Payable | 2023 Pay 2024 |
Year Built | 1964 |
Days on Market | 16 |
Den | 1 × 3800 | Level |
3rd Bedroom | 2 × 1 | Level |
Construction | Restaurant/Bar |
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Lot Size | 14,375 sq ft |
Acreage | 0.33 Acres |
Lot Dimensions | 66'x219' |
Fence | None |
Area | Steuben County |
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County | Steuben |
Subdivision | North Wayne |
Township | Pleasant |
City | Angola |
State | IN |
Zip | 46703 |
Assoc. Dues | $0.00 |
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MLS# 202434252
IDX information provided by the Indiana Regional MLS.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.
Listing Provided Courtesy of Robert Thatcher
Coldwell Banker Real Estate Group
Cell: 574-596-1576
Listing updated November 6, 2024 at 9:15 am
Last checked 8 minutes ago