526 S Main Street, Elkhart, IN 46516
sale
$1,348,000
|
Other
Courtesy Of Keller Williams Fort Wayne
Entrepreneurs, Dreamers, Investors-don't miss this once in a lifetime chance. Built in landmark marquis. Make your money back in 10 years or less! Three adjoining retail/multi-use buildings.The property is located on the 500 block of downtown Elkhart entertainment district. Much larger than it looks! Square footage includes 7700 sq.ft retail space. The unique property features a main restaurant location, a stage for live musical entertainment, with an adjoining smaller retail space that could operate independently. It can be operated as one business with multiple seating areas. Large commercial kitchen and 3 bar service facilities. Summer overflow can use the private outdoor patio seating and small stage for musicians. Banquet room in the lower level provides more income opportunity. Comedy nights there have been memorable. Access to a Downtown Elkhart Economic Development River Walk liquor license for $1000 annually that permits use as a night club. A 2nd parcel is included (20-06-05-478-015.000-012) that includes 3 leased apartments with private Main Street entrance. Private showings available. TURN KEY for restaurant/entertainment. Supporting rental income already in place. Seller is also offering for lease-terms negotiable.
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Copyright © 2025 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Property Features
- Age: Over 50 Years Old
- Amenities: Disabled Access
- Architecture Style: Other
- Cooling System: Multi Units
- Cooling System: Central Air
- Exterior Type: Brick
- Floor Covering: Tile
- Floor Covering: Carpet
- Floor Covering: Tile - Ceramic
- Floors: 3
- Heating System: Forced Air
- Heating System: Natural Gas
- Legal Description: O L 44X95 FT LOT 25 & VAC 1 1/4 FT R W (TIF 75)
- MLSID: 202428647
- Roof Type: Rubber
- Rooms: Office
- Rooms: Bathroom 4
- Rooms: Bathroom 5
- Rooms: Kitchen
- Rooms: Bathroom 2
- Rooms: Bathroom 3
- Rooms: Bathroom 1
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