101 Main StSyracuse, IN 46567

Property Details for 101 Main St

Year built

1902

Construction

WOOD

Lot size

0.31 AC

Property size (Sq ft)

7,902 SF

Zone code

COMME

Property type

Commercial real estate

APN

43-04-06-200-260.000-026

APU

430406200260000026

Description

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.

Location Insight

City

Syracuse

County

Kosciusko

State

Indiana

Latitude

41.4277

Longitude

-85.7522

CBSA code

47700

CBSA name

WARSAW, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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