333 N Mineral Springs Road, Porter, IN 46304

$550,000
Property Type: Commercial Sale Square Footage: 15,600 Lot Size (sq. ft.): 11,326 Status: Closed
Current Price: $550,000 List Date: 7/17/2020 Last Modified: 2/24/2024

Overview

Description

Entrepreneur AND history lover? This is your opportunity to own a piece of the Roaring '20s, meticulously restored to 2019 standards. Originally built in 1928 at the height of the Prohibition Era, whisper the password and enter The Speakeasy Bar, Spa Event Center & Catering. This serene beauty offers 15,600 sf on 3.27 lush acres, overlooking the Calumet River, With parking for 200+, there are weddings, reunions, special events, business meetings, and repeat customers on the books. Adjacent to the Spring House Inn, this business is truly a gem, just waiting for YOU to take the reins. With close proximity to the Indiana Dunes National Lakeshore and easy access via the Interstate and South Shore Rail Line, this is an excellent opportunity, not to be missed. Schedule a private showing today. If only these walls could talk!

Listing Details MLS# 478047

General Property Information

Living Area
15600
Building Area Source
Assessor
Year Built
1928
Lot Size Acres
0.26
Lot Size Square Feet
11326
Lot Size Dimensions
665.91 x 261.50
Stories
0

Property Features

Building Features: Balcony; Exterior Lighting; Meeting Room; Patio; Private Restrooms; Other Construction Materials: Frame Cooling: Central Air; Exhaust Fan Current Use: Commercial Flooring: Varies; Wood Foundation Details: Block; See Remarks Frontage Type: See Remarks Heating: Zoned Interior Features: Elevator Listing Terms: Cash; Conventional Parking Features: Lighted; Paved Possession: Close Of Escrow Possible Use: Commercial; Recreational; Other Rail Availability: Potential Roof: Flat; Mixed Security Features: Other Special Licenses: Liquor Tenant Pays: Gas Utilities: Electricity Available; Natural Gas Available; Other Water Source: Private; Well Waterfront Features: River Front; Waterfront Showing Requirements: 24 Hour Notice

Contract Information

Auction YN
No
Original List Price
780000
Property Sub Type
Mixed Use
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

Street Number
333
Street Direction Prefix
N
Street Name
Mineral Springs
Street Suffix
Road
County
Porter
State
IN
Postal Code
46304
Subdivision Name
Mineral Springs Road

Remarks and Miscellaneous

Public Remarks
Entrepreneur AND history lover? This is your opportunity to own a piece of the Roaring '20s, meticulously restored to 2019 standards. Originally built in 1928 at the height of the Prohibition Era, whisper the password and enter The Speakeasy Bar, Spa Event Center & Catering. This serene beauty offers 15,600 sf on 3.27 lush acres, overlooking the Calumet River, With parking for 200+, there are weddings, reunions, special events, business meetings, and repeat customers on the books. Adjacent to the Spring House Inn, this business is truly a gem, just waiting for YOU to take the reins. With close proximity to the Indiana Dunes National Lakeshore and easy access via the Interstate and South Shore Rail Line, this is an excellent opportunity, not to be missed. Schedule a private showing today. If only these walls could talk!

Status Change Information

Major Change Timestamp
2021-03-12T12:53:26Z
Major Change Type
Status Change
Status Change Timestamp
2021-03-12
Offer Acceptance Date
2021-03-12
Close Date
2021-03-12
Close Price
550000
Concessions
No
Buyer Financing
Cash

More Information

Exemption Information

Exemption YN
Y

Income and Expenses

New Taxes Expense
9066
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
No keybox. Call/text listing agent to view; 219-331-9154
24 Hour Notice
Yes

Historical Information

Public Historical Remarks
Utilities: On, Frontage Access: Public Road, Roof Structure: Gable

Location, Tax, and Legal

Postal Code +4
9788
Tax Legal Description
Legal Description: PAR IN NW 35-37-6 DESC DR399 P328 .26A ABATEMENT
Parcel Number
640335102002000026
Township
Westchester
Directions
US 20 to Mineral Springs Rd., South to property.

Construction Materials

Frame
Yes

Cooling

Central Air
Yes
Exhaust Fan
Yes

Flooring

Varies
Yes
Wood
Yes

Foundation Details

Block
Yes
See Remarks
Yes

Frontage Type

See Remarks
Yes

Heating

Zoned
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Parking Features

Lighted
Yes
Paved
Yes

Possession

Close Of Escrow
Yes

Roof

Flat
Yes
Mixed
Yes

Security Features

Other
Yes

Utilities

Electricity Available
Yes
Natural Gas Available
Yes
Other
Yes

Water Source

Private
Yes
Well
Yes

Waterfront Features

River Front
Yes
Waterfront
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Tenant Pays

Gas
Yes

Current Use

Commercial
Yes

Possible Use

Commercial
Yes
Recreational
Yes
Other
Yes

Building Features

Balcony
Yes
Exterior Lighting
Yes
Meeting Room
Yes
Patio
Yes
Private Restrooms
Yes
Other
Yes

Rail Availability

Potential
Yes

Special Licenses

Liquor
Yes
Listing Office: Blackrock Real Estate Services
Last Updated: February - 24 - 2024
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