541 W. Main Street

Retail-Commercial for Sale
Catylist Listing ID: 30255998
Property Subtypes: Day Care Facility, Free-Standing Building, Garden Center, Restaurant, Street Retail, Tavern/Bar/Nightclub, Other
Building Status: Proposed
Building Size (RSF): 12,762 SF
Gross Land Area: 3.90 Acres
Sale Price: $535,000
Unit Price: $41.92 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/18/2018

Overview / Comments

Well maintained commercial property in move-in condition. Former Fraternal Order of Eagles Banquet/Meeting Hall. General Business zoning designation allows for multiple, varied uses. Located in highly visible location on main highway in Butler, IN. Well lit, paved parking for approx. 250 vehicles with unique lighting fixtures. Electronic pylon signage. Large, 12,62 SF building has a seating capacity of 426, and high quality folding partition doors allowing the space to be configured into several different rooms. Property has fully operational commercial grade kitchen with Corian counter tops, large walk-in cooler, and storage/pantry room. Appliances available for purchase separately. All furniture, fixtures and equipment on site may be purchased separately or potentially included in the sale. Ask Broker for details.

Additional Details

Nearest MSA: Auburn
County: DeKalb
Taxing Authority: Dekalb County
Tax ID/APN: 17-07-02-351-005.000-027
Zoning: GB GENERAL BUSINESS
Retail Clientele: General, Family, Business, Traveler, Convention, Other
Property Visibility: Excellent
Largest Nearby Street: US Hwy 6
Feet of Frontage: 375
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 1999

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,035 4,302 5,564
Median Age: 37.54 36.67 38.11
Households: 351 1,539 2,032
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