New Carlisle, IN 46552

$540,000
Property Type: Commercial Sale Square Footage: 2,880 Lot Size (sq. ft.): 24,829 Status: Closed
Current Price: $540,000 List Date: 3/31/2023 Last Modified: 7/23/2024

Overview

Description

The highly rated Kate O'Connor's Irish Pub is located in New Carlisle, Indiana. It is well known for it's amazing food, cozy fireplace with pool table and fun atmosphere. This restaurant and bar features a full menu, great drinks, draft beers, and a 3 way liquor license. The parking is spacious, and looks like there is plenty of room left over to add a brewery. The sale includes a profitable business of 17 years, which is fully stocked and well staffed. The owners are retiring, so everything you need to step in and take over is already included and waiting for your smooth transition. There is seating for 80, with an additional 20 for outdoor seating. A poured basement for additional storage. An additional bonus is that most of the full size kitchen equipment has already been updated. Take a tour and look at the numbers, you will love what you see!

Listing Details MLS# 528000

General Property Information

Number Of Units Total
Yes
Living Area
2880
Building Area Source
Assessor
Year Built
1946
Parking Total
Yes
Lot Size Acres
0.57
Lot Size Square Feet
24829
Lot Size Source
Assessor
Lot Size Dimensions
266x264.88
Waterfront YN
No
Basement YN
Yes
Stories
Yes

Property Features

Building Features: Exterior Lighting; Patio; Public Restrooms; Sheet Rock Ceiling(s) Construction Materials: Block Cooling: Central Air; Exhaust Fan Current Use: Commercial Electric: 200+ Amp Service Flooring: Concrete; Tile; Wood Foundation Details: Concrete Perimeter Heating: Forced Air; Natural Gas Interior Features: Elevator Listing Terms: Cash; Other Lot Features: Corner Lot Parking Features: Common; Unpaved Possession: Negotiable Possible Use: Commercial; Other Rail Availability: None Road Frontage Type: City Street; Highway Roof: Composition Security Features: Fire Sprinkler System Special Licenses: Liquor Tenant Pays: None Utilities: Cable Available; Electricity Connected; Natural Gas Available; Natural Gas Connected; Phone Available; Sewer Available; Water Connected Showing Requirements: Listing Agent Must Accompany

Contract Information

Auction YN
No
Original List Price
624900
Property Sub Type
Mixed Use
Property Attached YN
No
Listing Agreement
Exclusive Right To Sell
Occupant Type
Owner

Location Tax and Legal

County
St Joseph
State
IN
Postal Code
46552
Subdivision Name
None

Remarks and Miscellaneous

Public Remarks
The highly rated Kate O'Connor's Irish Pub is located in New Carlisle, Indiana. It is well known for it's amazing food, cozy fireplace with pool table and fun atmosphere. This restaurant and bar features a full menu, great drinks, draft beers, and a 3 way liquor license. The parking is spacious, and looks like there is plenty of room left over to add a brewery. The sale includes a profitable business of 17 years, which is fully stocked and well staffed. The owners are retiring, so everything you need to step in and take over is already included and waiting for your smooth transition. There is seating for 80, with an additional 20 for outdoor seating. A poured basement for additional storage. An additional bonus is that most of the full size kitchen equipment has already been updated. Take a tour and look at the numbers, you will love what you see!

Status Change Information

Major Change Timestamp
2024-03-06T22:35:38Z
Major Change Type
Status Change
Price Change Timestamp
2024-02-18T02:08:50Z
Status Change Timestamp
2024-03-06
Offer Acceptance Date
2023-08-29
Close Date
2024-03-06
Close Price
540000
Concessions
No
Buyer Financing
Other

More Information

Exemption Information

Exemption YN
Y

Frontage Type

Frontage Length
266

Showing Requirements

Showing Instructions
Call to meet: Lou: 574-344-9300 Christina 574-209-1010
Listing Agent Must Accompany
Yes

Historical Information

Public Historical Remarks
Zoning: COMM, Utilities: On, Frontage Access: Public Road, Parking: Public Parking, Roof Structure: Gable, Fire Protect: Fire Extinguishers

Location, Tax, and Legal

Postal Code +4
9777
Tax Annual Amount
3415.76
Tax Year
2023
Tax Legal Description
Legal Description: TRI PC 266 X 264.88 FT N SIDE NW NW 35 38 1W .70 AC
Parcel Number
710135102001000018
Zoning Description
Commercial
Township
Olive
Directions
Easy to find location heading east on Route 20 or on the Michigan Street just passed the train viaduct.

Construction Materials

Block
Yes

Cooling

Central Air
Yes
Exhaust Fan
Yes

Electric

200+ Amp Service
Yes

Flooring

Concrete
Yes
Tile
Yes
Wood
Yes

Foundation Details

Concrete Perimeter
Yes

Heating

Forced Air
Yes
Natural Gas
Yes

Interior Features

Elevator
Yes

Listing Terms

Cash
Yes
Other
Yes

Lot Features

Corner Lot
Yes

Parking Features

Common
Yes
Unpaved
Yes

Possession

Negotiable
Yes

Road Frontage Type

City Street
Yes
Highway
Yes

Roof

Composition
Yes

Security Features

Fire Sprinkler System
Yes

Utilities

Cable Available
Yes
Electricity Connected
Yes
Natural Gas Available
Yes
Natural Gas Connected
Yes
Phone Available
Yes
Sewer Available
Yes
Water Connected
Yes

Auction

Minimum Opening Bid
0
Buyer Premium Amount
0

Income and Expenses

Electric Expense
0
Gross Income
0
Gross Scheduled Income
0
Insurance Expense
0
Maintenance Expense
0
Manager Expense
0
Net Operating Income
0
New Taxes Expense
0
Other Expense
0
Professional Management Expense
0
Sewer Expense
0
Supplies Expense
0
Total Actual Rent
0
Trash Expense
0
Water Expense
0

Tenant Pays

None
Yes

Current Use

Commercial
Yes

Possible Use

Commercial
Yes
Other
Yes

Building Features

Exterior Lighting
Yes
Patio
Yes
Public Restrooms
Yes
Sheet Rock Ceiling(s)
Yes

Rail Availability

None
Yes

Special Licenses

Liquor
Yes
Listing Office: Atlas Real Estate Associates,
Last Updated: July - 23 - 2024
Broker Attribution: 866-285-2773

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