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$340,000 USD
1106 Plymouth Street
Bremen, Indiana 46506
USA
Bremen, Indiana 46506
USA
1,942.446 m2 ::
20,909 sqft
Commercial for Sale, Other Commercial Property
Land size: 0.194 ha ::
0.48 acres
Sale price per sqm: 175.03
Tax: 4,255 USD
Remarks:
Tenant occupied investment property performing at 12% CAP rate. Seller is expanding his other business and needs to cash out! El Rancho Viejo is the current lessee and is a popular restaurant with a loyal clientele. Current lease runs through 2027 with landlord paying only taxes. The sale includes the real estate, specific trade fixtures, and a 3-way liquor license. The property sits on the main east-west corridor through town with an daily average of 8,432 vehicles and is poised for additional growth. Bremen is the largest city in Marshall county and has a large and well established local manufacturing corridor, low cost of doing business, and a regional commitment to continued growth. This is a great opportunity to see great rental return with a well liked and performing tenant. Monthly rent at $4,000/yr through 2026, $5,000/yr 2027 Parking for 35 cars. Included inventory attached. Tenant shows interest in renewing lease post 2027
Features:
- Year Built: 1983
Location:
1106 Plymouth Street, Bremen, Indiana 46506, USA
Listed By CENTURY 21 Circle
The Commercial for Sale, Other Commercial Property located at 1106 Plymouth Street, Bremen, Indiana 46506, USA is currently for sale. 1106 Plymouth Street, Bremen, Indiana 46506, USA is listed for $340,000 USD. This property has 20,909 sqft. If the property located at 1106 Plymouth Street, Bremen, Indiana 46506, USA isn't what you're looking for, search Indiana Real Estate to see other Commercial For Sale in Bremen.