For Sale
$500,000

10794 State Rd 1 Hwy Ossian, IN 46777

Established Business, Prime Location, High Returns

Overview

Added:
Feb 3
Days on market:
78
This exceptional commercial property, located at 10794 N State Road 1 Highway in Ossian, Indiana, presents a remarkable investment opportunity. Boasting a 1.97-acre lot, this well-established business has thrived since 1961, offering a rich history and proven profitability. The property includes a fully equipped commercial kitchen, perfect for catering and large-scale events. A significant asset is the existing liquor license, expanding the potential revenue streams. The sale includes a comprehensive inventory of catering and reception equipment, along with two vehicles, ensuring a smooth transition for the new owner. Detailed equipment and supply lists are available upon request. The property's convenient location, just minutes from I-469, provides excellent accessibility and visibility. The business also features a lighted gardens reception hall, creating an elegant and inviting atmosphere for events. Note that the ice machine is leased, while the coffee machine is owned by the business (coffee beans are purchased from the supplier, and the machine is provided at no additional cost). This turnkey operation offers immediate income potential and significant upside for a savvy investor. Priced at $500,000, this is a rare chance to acquire a profitable, established business with substantial growth potential.

Property Details for 10794 State Rd 1 Hwy

Property type
Commercial real estate
Year Built
1961
Lot Size (sq. ft)
85,813 SF

Location Insight

City
Ossian
County
Wells
State
Indiana
Latitude
40.89956
Longitude
-85.1675

FAQs

What type of property is this?
Commercial real estate - Established Business, Prime Location, High Returns
Where is the commercial real estate located?
The property is located at 10794 State Rd 1 Hwy Ossian, IN.
What is the asking price?
The asking price for this property is $500,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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10794 State Rd 1 Hwy
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