Former Restaurant

Retail-Commercial for Sale
Catylist Listing ID: 30806570
Property Subtypes: Free-Standing Building, Restaurant, Retail-Pad, Tavern/Bar/Nightclub
Building Size (RSF): 4,719 SF
Gross Land Area: 0.97 SF
Sale Price: $700,000
Unit Price: $148.34 PSF
Is Quick-Service Restaurant? Yes
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User, Business
Building Name: Former Baan Thai
Sale Terms: Undisclosed, Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/31/2023

Overview / Comments

Property at 3235 N Anthony Blvd is a tried and true restaurant location. With close proximity to Downtown Fort Wayne and the Coliseum Blvd retail corridor, this area of the city is known for its support of local businesses. This area isin the heart of the very hip '05 neighborhood where people all over the city travel to for local unique goods, coffee,activities, and restaurants.

Turn-key restaurant for Sale or Lease
Includes all equipment and furnishings
Located in the heart of the North Anthony retail corridor
Proven restaurant location with excellent visibility, loyal clientele following, and private off street parking
Triple Net lease with up-front $50,000 non-refundable equipment use fee and $10,000 refundable security deposit

Additional Details

Nearest MSA: Fort Wayne
County: Allen
Tax ID/APN: 020725482012000074
Retail Clientele: General, Family, Business, Tourist, Convention
Property Located Between: Coliseum Blvd (SR 930) & Crescent Ave
Largest Nearby Street: Coliseum Blvd & N Anthony Blvd
Traffic/Vehicle Count: 11,478
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Good
Year Built: 1956
Year Renovated: 2019
Total Parking Spaces: 32
Parking Type: Surface
Parking Description: Private surface with abundant spaces available. Additional parking available in the rear of the property. ADA compliant with ramps and handicap spaces.
Zoning Description: General Commercial

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 12,470 93,732 198,471
Median Age: 37.02 33.79 34.63
Households: 5,012 38,704 79,437


Photograph of Listing Agent

Dennis Callison

ICREX Member
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