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
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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

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Courtesy: Nick DeMaegd - Century 21 Circle, Office: 574-314-6000, Phone: 574-314-6000
This content last refreshed on 6/14/2024 2:26 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.