526 S Main Street, Elkhart, IN 46516

Property Description

Entrepreneurs, Dreamers, Investors-don't miss this once in a lifetime chance. Built in landmark marquis. Make your money back in 10 years or less! Three adjoining retail/multi-use buildings.The property is located on the 500 block of downtown Elkhart entertainment district. Much larger than it looks! The unique property features a main restaurant location, a stage for live musical entertainment, with an adjoining smaller retail space that could operate independently. It can be operated as one business with multiple seating areas. Large commercial kitchen and 3 bar service facilities. Summer overflow can use the private outdoor patio seating and small stage for musicians. Banquet room in the lower level provides more income opportunity. Comedy nights there have been memorable. Access to a Downtown Elkhart Economic Development River Walk liquor license for $1000 annually that permits use as a night club. A 2nd parcel is included (20-06-05-478-015.000-012) that includes 3 leased apartments with private Main Street entrance. Private showings available. TURN KEY for restaurant/entertainment. Supporting rental income already in place.

Listing Status:

Active

Date Added:

July 31, 2024 at 05:00AM

Listing Office:

Keller Williams Realty Group : 574-333-3972

Listing Agent:

Julie Circle : 574-386-0055

MLS ID:

202428647

Interior

• Basement: Full BasementOutside Entrance
• Flooring: CarpetCeramic Tile
• A/C: Central AirMultiple Cooling Units
• Heating: Forced AirGasMultiple Heating Systems

Exterior

• General: BrickThree PhaseHandicap AccessAlleyBasementPublic RestroomsReception AreaSecurity FenceVentilating/Exhaust FansRefrigeration/Freezer
• Parking: LotPavedStreet

Construction

• Roofing: Rubber

Lot

• Zoning: O L 44X95 FT LOT 25 & VAC 1 1/4 FT R W (TIF 75)20-06-05-478-003.000-012
• Fencing: Privacy

This listing courtesy of Julie Circle, Keller Williams Realty Group