2739 Highway Avenue, Highland, IN 46322
$600,000
Property Type:
Commercial Sale
Square Footage:
2,900
Lot Size (sq. ft.):
12,327
Status:
Closed
Current Price:
$600,000
List Date:
1/17/2022
Last Modified:
2/24/2024
Overview
Description
Listing Details MLS# 506428
General Property Information
- Living Area
- 2900
- Building Area Source
- Assessor
- Year Built
- 1897
- Lot Size Acres
- 0.283
- Lot Size Square Feet
- 12327
- Lot Size Dimensions
- irregular
- Stories
- 0
Property Features
Building Features:
Acoustical Ceiling(s); Business District Location; Patio; Public Restrooms; Suspended Ceiling(s)
Construction Materials:
Frame; Vinyl Siding
Cooling:
Central Air
Current Use:
Commercial; Recreational
Electric:
100 Amp Service; 150 Amp Service; 200+ Amp Service
Flooring:
Wood; Other
Foundation Details:
Block
Heating:
Forced Air
Interior Features:
Elevator
Listing Terms:
Cash; Contract; Conventional; Owner Assisted
Possession:
Negotiable
Possible Use:
Commercial; Other
Rail Availability:
None
Roof:
Composition
Special Licenses:
Liquor
Utilities:
Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected
Water Source:
Public
Showing Requirements:
24 Hour Notice
Contract Information
- Auction YN
- No
- Original List Price
- 624900
- Property Sub Type
- Mixed Use
- Listing Agreement
- Exclusive Right To Sell
- Occupant Type
- Owner
Location Tax and Legal
- Street Number
- 2739
- Street Name
- Highway
- Street Suffix
- Avenue
- County
- Lake
- State
- IN
- Postal Code
- 46322
- Subdivision Name
- None
Remarks and Miscellaneous
- Public Remarks
- You can be the NEXT OWNER to carry on a PROFITABLE tradition. WELL ESTABLISHED restaurant in downtown Highland. After 21 years, owner is seeking retirement. This family friendly restaurant has been highly profitable year after year. Watch the games on one of the 11 large televisions. Full commercial kitchen and big basement with tons of storage. Walk-in cooler that keeps that draft beer ice cold. There is a two bedroom one bathroom apartment upstairs that can used for added income. Currently it is being rented to the cook as part of their agreement. This place has supported families for almost 100 years. Be the next owner to carry on this TRADITION.
Status Change Information
- Major Change Timestamp
- 2023-05-04T11:55:52Z
- Major Change Type
- Status Change
- Status Change Timestamp
- 2023-05-04
- Offer Acceptance Date
- 2022-04-27
- Close Date
- 2023-05-04
- Close Price
- 600000
- Concessions
- No
- Buyer Financing
- Cash
More Information
Exemption Information
- Exemption YN
- Y
Income and Expenses
- New Taxes Expense
- 3158
- Electric Expense
- 0
- Gross Income
- 0
- Gross Scheduled Income
- 0
- Insurance Expense
- 0
- Maintenance Expense
- 0
- Manager Expense
- 0
- Net Operating Income
- 0
- Other Expense
- 0
- Professional Management Expense
- 0
- Sewer Expense
- 0
- Supplies Expense
- 0
- Total Actual Rent
- 0
- Trash Expense
- 0
- Water Expense
- 0
Showing Requirements
- Showing Instructions
- Please use showing assist. Listing agent must be present.
- 24 Hour Notice
- Yes
Historical Information
- Public Historical Remarks
- Utilities: On, Frontage Access: Public Road, Parking: Fee Parking, Roof Structure: Gable, Fire Protect: Fire Extinguishers
Location, Tax, and Legal
- Postal Code +4
- 1615
- Tax Legal Description
- Legal Description: HIGHLAND N.137 FT. LOTS 13 & 14 BL. 11
- Parcel Number
- 450721330014000026
- Township
- North
- Directions
- Rt. 41 to Ridge Rd. East to Highway. Highway to the restaurant.
Construction Materials
- Frame
- Yes
- Vinyl Siding
- Yes
Cooling
- Central Air
- Yes
Electric
- 100 Amp Service
- Yes
- 150 Amp Service
- Yes
- 200+ Amp Service
- Yes
Flooring
- Wood
- Yes
- Other
- Yes
Foundation Details
- Block
- Yes
Heating
- Forced Air
- Yes
Interior Features
- Elevator
- Yes
Listing Terms
- Cash
- Yes
- Contract
- Yes
- Conventional
- Yes
- Owner Assisted
- Yes
Possession
- Negotiable
- Yes
Roof
- Composition
- Yes
Utilities
- Cable Available
- Yes
- Electricity Connected
- Yes
- Natural Gas Available
- Yes
- Natural Gas Connected
- Yes
Water Source
- Public
- Yes
Auction
- Minimum Opening Bid
- 0
- Buyer Premium Amount
- 0
Current Use
- Commercial
- Yes
- Recreational
- Yes
Possible Use
- Commercial
- Yes
- Other
- Yes
Building Features
- Acoustical Ceiling(s)
- Yes
- Business District Location
- Yes
- Patio
- Yes
- Public Restrooms
- Yes
- Suspended Ceiling(s)
- Yes
Rail Availability
- None
- Yes
Special Licenses
- Liquor
- Yes
Listing Office:
Century 21 Circle
Last Updated: February - 24 - 2024
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