600 N Wayne Street Angola, IN 46703 Sold 2024-10-04

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Presented By
Mark Bock
Mark Bock
(260) 668-1552
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This property is not for sale or for lease.
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Restaurant/Bar • 60Y Old

Sold for $245,000 Listed for $249,900

600 N Wayne Street

0.33 Acres

This property is not currently for sale or for rent.

Property Description

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

Directions

Proceed North from the Angola CBD on US HWY 127 - aka N. Wayne Street - Property is on the East (right) side of the road

Map to 600 N Wayne Street, Angola, IN 46703

Property
MLS # 202434252
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
Room Dimensions
Den 1 × 3800 Level
3rd Bedroom 2 × 1 Level
External Features
Construction Restaurant/Bar
Lot Size 14,375 sq ft
Acreage 0.33 Acres
Lot Dimensions 66'x219'
Fence None
Location
Area Steuben County
County Steuben
Subdivision North Wayne
Township Pleasant
City Angola
State IN
Zip 46703
Financial
Assoc. Dues $0.00

MLS# 202434252
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

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.

Learn More About 600 N Wayne Street

Presented By
Mark Bock
Mark Bock
(260) 668-1552
Email
This property is not for sale or for lease.
Agent to Contact

By clicking "Message Agent", you agree to be contacted by Mike Thomas Associates about your request. Please see our Privacy Policy.