Cafe Fondue

281 W 80th Pl, Merrillville, Indiana 46410

  • Property Subtypes Restaurant
  • Building Size (RSF) 2,300 SF
  • Gross Building Area 2,300 SF
  • Building Status Existing
  • Sale Price $230,000.00 Total
  • Unit Price $100 per SF
  • Property Use Type Vacant/Owner-User
  • Class of Space N/A
  • Total Land Size 3.75 Acres
  • Sale Terms Undisclosed
  • Cap Rate Undisclosed
  • Last Updated 3/31/2020
  • Days on Market 1090 Days
  • Status active

Overview / Comments

Well-built frame and brick freestanding commercial condominium building in Federal Park built in 1994. There are 2,300 SF on the 1st floor and 700 SF on the Mezzanine. The 1st floor consists of a large open concept area accommodating seating for 50, kitchen area, small bar, and two bathrooms. The mezzanine consists of open area currently used for larger groups up to 40 and catered events. New roof in 2008. 2018 pay 2019 taxes are $5,930.36. Café Fondue will vacate with sale of property. Sale includes all FFE and 2 way beer/wine liquor license. Federal Park POA CAM is $375.00/month ($1.96/SF). See attached information on The Farm at Crossroads Commons. This is the proposed new 40 acre mixed use development to be located in the former Radisson/Holiday Star location. Nice commercial condominium space located 1 block west of Broadway (S.R. 53) on the south side of East 80th Place between Broadway and Madison/Merrillville Road. 1/2 mile west of I-65/U.S. Highway 30 interchange. Close proximity to restaurants, hotels and shopping including Staples, Portillo's, Panera Bread, La Carreta, Pepe's, Gino's and Asparagus to name a few. 1 mile west of the 6 million SF retail trade area surrounding Southlake Mall. Merrillville is the largest town in Indiana, with the third-lowest tax rate in Lake County. 2 blocks west of the Future Farm at Crossroads Commons, White Lodgings new $350 million development in the former Radisson/Star Theatre location.

Additional Details

  • Tax ID/APN 45-12-21-278-018.00-030
  • Property Visibility N/A
  • Site Number 281

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