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$495,000
Est. payment /mo
4,650 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,650 sqft
Price per Sqft $106
MLS Listing ID 814878
Year Built 1970
Annual Tax Amount $7,405
Tax Year 2023
Lot Size 0.550 Acres
Acres 0.55
Lot Dimensions 198x194
Property Sub-Type Retail
Property Description
This prime restaurant and retail space in Lowell offers three parcels totaling 0.88 acres with over 4,000 sq ft of fully equipped, turn-key restaurant and bar space!! Located just steps away from an exciting new city park development, which will feature an outdoor amphitheater, community building, splash pad, playground, and more, this property is positioned for high foot traffic and strong community engagement. The space includes a complete commercial kitchen, a full bar + equipment, a spacious dining area with booths, and a valuable 3-way liquor license, all set for immediate operation!!! With taxes under $10k per year and ample parking, this versatile property offers great potential for a variety of uses, whether as a casual dining spot, upscale restaurant, or event venue. Lowell is a thriving community, making this an ideal opportunity for entrepreneurs or investors looking to capitalize on a rapidly developing area!!
Location
State IN
County Lake
Interior
Heating Natural Gas
Fireplace N
Exterior
Exterior Feature None
View Y/N true
View true
Others
Tax ID 451923351034000008
Acceptable Financing NRA20250107225656223052000000
Listing Terms NRA20250107225656223052000000
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Listed by Century 21 Circle