4,096+/-sf Turn-Key Bar and Restaurant | 505 S Grant Ave
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4,096+/-sf Turn-Key Bar and Restaurant 505 S Grant Ave
4,096 SF Retail Building Fowler, IN 47944 For Sale
Investment Highlights
- turn-key bar and restaurant
- All equipment, furniture, decor and a liquor license (new owner must qualify for transfer)
- Auctions Online November 18-20
Executive Summary
505 & 507 South Grant Avenue, Fowler, IN 47944
4,096+/-sf turn-key bar and restaurant built in 1900 on 0.27+/-ac.
Auctions Online November 18-20
All equipment, furniture, decor and a liquor license (new owner must qualify for transfer); as well as remaining inventory, web domain, and name rights will convey. The restaurant and bar area seats approximately 100 people and the building sits on a 100' x 180'+/- lot. In addition to the ready-to-go restaurant, there are two leased residential 1BR 1BA units upstairs.
Recent updates include: a newer roof, upgraded electrical service, newer central air/furnace and new carpet
Equipment includes but not limited to: 6 Burner Commercial Stove, Fire Suppression System, Flat Grill, Charbroiler, Convection Oven, Fryers, Slicer, Several Refrigerators and Freezers, A Walk-in Freezer, A Walk-in Refrigerator, Bar Equipment including Keg Cooler with 3 lines, Soda Dispensing System, Various Prep and Work Tables, Dining Tables, Chairs, Barstools and sound system.
Other features include: an emergency 22 kilowatt building generator, fenced in back lot with storage sheds and separate fenced-in dumpster area.
Bid online at auctionetwork.com
Nominal Opening Bid $125,000
Buyers premium may apply
IN Broker: Bang Realty, Inc., Lic. No. RC51000665
Brian Lee Brockman, Lic. No. RB14037939.
Auctioneer: Williams & Williams Marketing Services, Inc., AC30400023
Williamsauction.com
800-801-8003
4,096+/-sf turn-key bar and restaurant built in 1900 on 0.27+/-ac.
Auctions Online November 18-20
All equipment, furniture, decor and a liquor license (new owner must qualify for transfer); as well as remaining inventory, web domain, and name rights will convey. The restaurant and bar area seats approximately 100 people and the building sits on a 100' x 180'+/- lot. In addition to the ready-to-go restaurant, there are two leased residential 1BR 1BA units upstairs.
Recent updates include: a newer roof, upgraded electrical service, newer central air/furnace and new carpet
Equipment includes but not limited to: 6 Burner Commercial Stove, Fire Suppression System, Flat Grill, Charbroiler, Convection Oven, Fryers, Slicer, Several Refrigerators and Freezers, A Walk-in Freezer, A Walk-in Refrigerator, Bar Equipment including Keg Cooler with 3 lines, Soda Dispensing System, Various Prep and Work Tables, Dining Tables, Chairs, Barstools and sound system.
Other features include: an emergency 22 kilowatt building generator, fenced in back lot with storage sheds and separate fenced-in dumpster area.
Bid online at auctionetwork.com
Nominal Opening Bid $125,000
Buyers premium may apply
IN Broker: Bang Realty, Inc., Lic. No. RC51000665
Brian Lee Brockman, Lic. No. RB14037939.
Auctioneer: Williams & Williams Marketing Services, Inc., AC30400023
Williamsauction.com
800-801-8003
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,096 SF
Building Class
B
Year Built
1900
Tenancy
Single
Number of Floors
2
Building FAR
0.23
Lot Size
0.42 AC
Parking
21 Spaces (5.13 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 04-08-15-331-012.000-004 | Improvements Assessment | £50,601 |
| Land Assessment | £31,410 | Total Assessment | £82,012 |
PROPERTY TAXES
Parcel Number
04-08-15-331-012.000-004
Land Assessment
£31,410
Improvements Assessment
£50,601
Total Assessment
£82,012
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4,096+/-sf Turn-Key Bar and Restaurant | 505 S Grant Ave
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