For Sale
$1,895,000

423 Dixie WayRoseland, IN 46637

Established Restaurant, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional investment opportunity presents a thriving Perkins Restaurant franchise in South Bend, Indiana. The property, located at 423 Dixie Way, encompasses a 4,679 square foot building situated on a 1.47-acre lot. Built in 1994, this multi-tenancy storefront boasts a prime location in the Roseland area, benefiting from high visibility and excellent traffic flow. Its strategic proximity to the I-80/90 Toll Road on-ramp ensures easy access for customers. The property is zoned B-Business and is surrounded by a mix of commercial, retail, and hospitality businesses. Within a three-mile radius, it enjoys convenient access to the Indiana/Michigan state line, the University of Notre Dame, St. Mary's College, Holy Cross College, and downtown South Bend. This sale includes both the South Bend and Elkhart Perkins Restaurant locations for a total asking price of $1,895,000. The business generates over $900,000 in annual sales and includes all furnishings, fixtures, and improvements. A local manager will remain to ensure a smooth transition. This is a turnkey opportunity to acquire a well-established, profitable restaurant business with significant growth potential. The APN is 20-02-20-251-035.000-027. Note that the real estate is leased.

Highlights

  • South Bend & Elkhart properties offered together for $1,895,000.
  • Turnkey Perkins Restaurant franchise (2 locations) available.
  • High hotel density location.
  • Excellent visibility and traffic flow.
  • Includes all FF&E.
  • Leased real estate.

Property Details for 423 Dixie Way

Property type
Retail properties, Retail space
Square Feet
4,679 SF
Year Built
1994
Buildings
1
Lot Size (sq. ft)
64,033 SF

Location Insight

City
Roseland
County
St Joseph
State
Indiana
Latitude
41.7202568
Longitude
-86.250927
423 Dixie Way, Roseland, Indiana

FAQs

What type of property is this?
Retail property - Established Restaurant, High Traffic Area
Where is the retail property located?
The property is located at 423 Dixie Way Roseland, IN.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: South Bend & Elkhart properties offered together for $1,895,000.; Turnkey Perkins Restaurant franchise (2 locations) available.; High hotel density location.
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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423 Dixie Way
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