For Sale
$259,900

101 Main StSyracuse, IN 46567

Profitable Restaurant w/ Apartment, High Occupancy

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a thriving restaurant located at 101 W Main St, Syracuse, Indiana, 46567. The property boasts a prime location and offers a substantial 3,400 square feet of space, currently operating at 100% occupancy. The restaurant itself is situated at ground level, providing convenient access for customers. A significant advantage is the inclusion of a spacious 3-bedroom apartment located above the commercial space, offering additional income potential or housing for management. The property is offered at an asking price of $259,900, representing an attractive 8.00% capitalization rate. The lease is structured as a Net lease, providing a clear and predictable income stream for the investor. This turnkey operation is situated in Kosciusko County and presents a rare chance to acquire a well-established, high-performing restaurant with significant upside potential. The property's strong performance and desirable location make it an ideal addition to any investment portfolio. Detailed financial information is available upon request. This is a truly exceptional opportunity to own a profitable business in a thriving Indiana community.

Highlights

  • $259,900 asking price for a retail property.
  • Net lease restaurant space.
  • 3,400 square feet.
  • 8.00% cap rate.
  • 100% occupancy.

Property Details for 101 Main St

Property type
Retail properties, Restaurants
Square Feet
3,400 SF

Location Insight

City
Syracuse
County
Kosciusko
State
Indiana
Latitude
41.427773133857
Longitude
-85.752830735247
101 Main St, Syracuse, Indiana

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101 Main St
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