Desirable Commercial Building

Expired Retail-Commercial for Sale
Catylist Listing ID: 29835788
Property Subtypes: Restaurant, Tavern/Bar/Nightclub
Building Size (RSF): 2,758 SF
Gross Land Area: 0.07 Acres
Sale Price: $99,900
Unit Price: $36.22 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller, Sale/Leaseback, Other
Cap Rate: Undisclosed
Expired On: 8/9/2017
Last Updated: 8/9/2017

Overview / Comments

Own this desirable commercial building located in downtown Nappanee. Currently set up as a pizza restaurant and includes 2 large walk in coolers, bar equipment and even a large pizza oven. This building could also easily be converted into a retail storefront or would make great office space. Don't miss this chance to put your small business at this great location right downtown!

Financials

Finance Data Year 2013
Real Estate Taxes - Annual($) $2,297 (Annual)
Tax Value Land $8,300
Tax Value Improvements $68,300
Assessed Value - Total($) $76,600 (Annual)
Finance Data Year 2011
Real Estate Taxes - Annual($) $2,046 (Annual)
Tax Value Land $7,700
Tax Value Improvements $60,500
Assessed Value - Total($) $68,200 (Annual)
Finance Data Year 2010
Real Estate Taxes - Annual($) $1,851 (Annual)
Tax Value Land $8,300
Tax Value Improvements $53,400
Assessed Value - Total($) $61,700 (Annual)
Finance Data Year 2009
Real Estate Taxes - Annual($) $1,807 (Annual)
Tax Value Land $8,300
Tax Value Improvements $53,400
Assessed Value - Total($) $61,700 (Annual)

Additional Details

Nearest MSA: Elkhart-Goshen
County: Elkhart
Tax ID/APN: 20-13-36-429-016.000-021
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1910
Legal Description: ORIG S1/3 EX N 6IN LOT 2 (TIF 80)

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 4,675 8,684 12,524
Median Age: 33.63 33.32 32.29
Households: 1,723 3,115 4,243
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