** Leased Investment ** Prime Investment Opportunity - estimated, 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 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 in 2021. Ample On-Site Parking for Customers & Staff Commercial Kitchen Exhaust Hood, Cooler & (3) Bay Sink, Included w/Sale of Real Estate Modified Net Leased Asset through May, 2025; Renewal Option w/Increase to Base Rent of up to 10% is provided for in the Lease Agreement. Priced To Sell: $249,900 ($65.76/SF) Offered Exclusively By: Robert L. Thatcher CRRP, CRX, CSM, CMD, CLS, CDP Commercial Broker/Advisor - Coldwell Banker Commercial
Closed
Zillow last checked:
Listing updated:
Bought with:
Robert Burnsworth, RB14042756
Coldwell Banker Real Estate Gr
Source: IRMLS,MLS#: 202433588
Price history
| Date | Event | Price |
|---|---|---|
| 10/4/2024 | Sold | $245,000-2% |
Source:  IRMLS #202433588 Report a problem | ||
| 9/1/2024 | Listed for sale | $249,900 |
Source: IRMLS #202433588 Report a problem | ||
Sell for more on Zillow
Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
$284,800
2% more
+$5,696
With Zillow Showcase(estimated)
$290,496
