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507 & 505 S Grant Avenue

Fowler, IN 47944
  • $199,000
  • STATUS: Active
  • ON SITE: 75 Days
  • MLS #: 202417979
Price Reduced
UPDATED: 28 min ago
$199,000
  • 2
    BEDS
  • 0.39
    ACRES
  • 2
    BATHS
  • 4
    1/2 BATHS
  • 2,500
    SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Listing provided by Joseph Moke of Weichert, Realtors - The Moke Agency: 219-662-3000.

Description

Seller financing and/or lease option available for the bar for as low as $2,000 per month. This is a well kept, turn-key bar and restaurant that comes complete with all the equipment, furniture, decor and a 3-way liquor license with carry out. The restaurant and bar area seats 100 people and the building sits on a 100' x 180' lot in the Town of Fowler Indiana... the county seat of Benton County. In addition to the ready-to-go restaurant, there are two leased residential 1 bedroom 1 bath apartments upstairs. Recent updates include: a newer roof, upgraded electrical service, newer central air/furnace and new carpet. There is too much equipment included to list but here are some highlights are: 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, 27 Dining Tables, 91 Chairs, 13 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. Opportunities like this one don't come along often. Call a Realtor today to get more information or to schedule your showing today.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2024-10-13T22:28:15.23.

www.romanskigroup.com/homes/153058867
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507 & 505 S Grant Avenue Fowler, IN 47944

  • Price: $199,000
  • Status: Active
  • On Site: 75 Days
  • Updated: 28 min ago
  • MLS #: 202417979
2
Beds
2
Baths
4
½ Baths
0.39
Acres
2,500
SQFT
$80
$/SQFT
1900
Built
Neighborhood:
None
County:
Benton
Area:
Benton
Elementary School:
Prairie Crossing
Middle School:
Benton Central
High School:
Benton Central
School District:
Benton Community
Property Description
Seller financing and/or lease option available for the bar for as low as $2,000 per month. This is a well kept, turn-key bar and restaurant that comes complete with all the equipment, furniture, decor and a 3-way liquor license with carry out. The restaurant and bar area seats 100 people and the building sits on a 100' x 180' lot in the Town of Fowler Indiana... the county seat of Benton County. In addition to the ready-to-go restaurant, there are two leased residential 1 bedroom 1 bath apartments upstairs. Recent updates include: a newer roof, upgraded electrical service, newer central air/furnace and new carpet. There is too much equipment included to list but here are some highlights are: 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, 27 Dining Tables, 91 Chairs, 13 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. Opportunities like this one don't come along often. Call a Realtor today to get more information or to schedule your showing today.
Exterior Features

Exterior Vinyl Lot Description Corner Lot Dimensions 64X100 53X100 53X100 Outbuilding None Parking Spaces 24 Pool YN No Style Two Story Waterfront YN No

Interior Features

Above Grade Bedrooms 2 Above Grade Finished Sqft 2500 Above Grade Unfin Sq Ft 0 Amenities Fenced YardOff Street ParkingStorageBar Basement Foundation Crawl Basement YN No Below Grade Baths 0 Below Grade Bedrooms 0 Below Grade Finished Sqft 0 Below Grade Unfin Sq Ft 0 Cooling Central AirWindow Dishwashers 1 Disposals 0 Dryers 0 Flooring Carpet Heating Fuel Gas Microwaves 3 Ranges Ovens 3 Refrigerators 4 Rooms Below Grade 0 Total Baths 6 Total Below Grade Sqft 0 Total Sq Ft 2500 Wash Dry Hookups 2 Washers 0

Property Features

Annual Electric Expense 1200 Annual Fuel Expense 1200 Annual Gross Rent 11040 Annual Insurance Expense 1800 Annual Maint Expense 0 Annual Misc 0 Annual Net Income 1884 Annual Property Tax 3216 Annual Trash Expense 600 Annual Water Sewer Exp 1140 Assoc Dues Frequency Not Applicable Auction Y / N No Efficiencies 0 Electric Meters 1 For Sale Or Rent For Sale Four Bedrooms 0 Gas Meters 1 Gross Monthly Income 920 Gross Monthly Rent 920 Lease Term Month to Month New Construction No One Bedrooms 1 Owner Pays CoolingElectricFuelHeatingMaintenanceSewerSnow RemovalTaxWater Owner Real Estate License YN No Pet Restrictions YN No Planned Unit Dev YN No Property Sub Type Other Proposed Financing CashContractConventional Reo YN No Sale Includes BuildingBusinessLandLeaseOther Sewer City Tenant Pays None Three Bedrooms 0 Township Center Two Bedrooms 0 Units Rented 2 Water Meters 1 Water Utility City Year Taxes Payable 3216

Listing provided by Joseph Moke of Weichert, Realtors - The Moke Agency: 219-662-3000.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. 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. Information is deemed reliable but is not guaranteed accurate by the MLS or The Romanski Group - Keller Williams Realty. Data last updated: 2024-10-13T22:28:15.23.

 
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The Romanski Group - Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Joseph Moke of Weichert, Realtors - The Moke Agency: 219-662-3000.