108 N Broad Street, Griffith, IN 46319
$720,000
Property Type:
Commercial Sale
Square Footage:
9,005
Lot Size (sq. ft.):
12,632
Status:
Closed
Current Price:
$720,000
List Date:
1/12/2021
Last Modified:
6/19/2024
Overview
Description
Listing Details MLS# 487127
General Property Information
- Living Area
- 9005
- Building Area Source
- Owner
- Accessibility Features YN
- Yes
- Year Built
- 1925
- Lot Size Acres
- 0.29
- Lot Size Square Feet
- 12632
- Lot Size Dimensions
- 86 x 110
- Waterfront YN
- No
- Stories
- Yes
Property Features
Building Features:
Business District Location; Private Restrooms; Other
Construction Materials:
Block; Brick; Stone
Cooling:
Central Air
Current Use:
Commercial; Office; Retail
Electric:
100 Amp Service; 150 Amp Service; 200+ Amp Service
Flooring:
Carpet; Tile
Foundation Details:
See Remarks
Heating:
Forced Air; Natural Gas
Interior Features:
Elevator
Listing Terms:
Cash; Conventional
Parking Features:
Paved; Private
Possession:
Close Of Escrow
Possible Use:
Commercial; Retail; Other
Rail Availability:
None
Road Frontage Type:
City Street
Roof:
Other
Special Licenses:
Liquor
Tenant Pays:
Gas
Utilities:
Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Sewer Connected; Water Connected
Water Source:
Public
Showing Requirements:
Appointment Only; Listing Agent Must Accompany
Contract Information
- Auction YN
- No
- Original List Price
- 1083000
- Property Sub Type
- Retail
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Tenant
Location Tax and Legal
- Street Number
- 108
- Street Direction Prefix
- N
- Street Name
- Broad
- Street Suffix
- Street
- County
- Lake
- State
- IN
- Postal Code
- 46319
- Subdivision Name
- Woodlawn Add
Remarks and Miscellaneous
- Public Remarks
- This is a 3-unit, income producing property located in the heart of downtown Griffith. 2 units are fully leased and will provide great income to the new owner. The remaining unit is a vacant bar/grill (Arcade Bar) and includes all equipment, furniture, fixtures, liquor licenses (3-way liquor license PLUS catering License), vintage arcade games and much more. Large, fully equipped kitchen with unique pizza oven imported from Italy, huge refrigerator & 20 keg taps. Large bar and seating for 160+ people. Full interior & exterior security system in place, 2 bathrooms, extra storage areas and manager's office. Much of the building electric & HVAC has been installed new or updated since 2016. The property also comes with 18-owned parking spaces at the back of the building.
Status Change Information
- Major Change Timestamp
- 2021-06-23T11:54:09Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2021-06-23
- Close Date
- 2021-06-23
- Close Price
- 720000
- Concessions
- No
- Buyer Financing
- Conventional
More Information
Building Features
- Overhead Doors
- Yes
Exemption Information
- Exemption YN
- Y
Showing Requirements
- Showing Instructions
- Use Showing Asst
Historical Information
- Public Historical Remarks
- Utilities: On, Parking: Public Parking
Listing Office:
Rose Real Estate
Last Updated: June - 19 - 2024
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