FOR SALE
$340,000

1106 Plymouth
Bremen, IN 46506

Other
Commercial
0.48
Acre Lot
Courtesy: Nick DeMaegd - Century 21 Circle, Office: 574-314-6000, Phone: 574-314-6000
IRMLS> Indiana> Bremen> 46506
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
202400031
Other
1983
Marshall County
0.48 Acres
City
City Sewer
Loading...
The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

Loading...
Courtesy: Nick DeMaegd - Century 21 Circle, Office: 574-314-6000, Phone: 574-314-6000
This content last refreshed on 4/27/2024 8:48 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.