Proven Restaurant with Overflow Parking Lot

Retail-Commercial for Sale
Catylist Listing ID: 30813528
Property Subtypes: Restaurant
Building Size (RSF): 6,217 SF
Gross Building Area: See Agent
Gross Land Area: 1.95 SF
Sale Price: $615,000
Unit Price: $98.92 PSF
Property Use Type: Vacant/Owner-User
Building Name: 7510 Winchester Road
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 1/24/2023

Overview / Comments

Successful restaurant location now available for sale. Clear visibility, and corner location, along a heavily traveled road. This location serves as one of the few sit-down restaurants for the 3,000+ surrounding residents of Waynedale, an un-incorporated town within the boundaries of Fort Wayne. Future owner will have a loyal client base who have come to depend on this restaurant location for family dinners, birthdays, and general dining enjoyment. The sale includes the building, parking lot, overflow parking lot, and two hoods in the kitchen; fixtures, and equipment are not included.

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 021235127002000068, 02123512600800068
Zoning: C-4 & R-1
Retail Clientele: General
Property Located Between: Lower Huntington Road & Kinnerk Road
Property Visibility: Good
Feet of Frontage: 300
Traffic/Vehicle Count: 16,000
Area Description: Located just outside of the main Waynedale retail corridor along Winchester Road.
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1974
Year Renovated: 2018
Total Parking Spaces: 127
Parking Type: Surface
Parking Description: Large main parking lot with overflow parking across the street
Lot Frontage: 300
Easements Description: Electric - AEP Gas - NIPSCO Water - City Utility Sewer - City Utility

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 7,017 63,918 108,434
Median Age: 37.52 32.88 33.35
Households: 2,998 24,644 42,629

Contact

Photograph of Listing Agent

Dennis Callison

ICREX Member
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