$340,000
Active
139 Days Online
0 Beds2 Baths2,688 SQFT
Active

1106 Plymouth Street Bremen, IN 46506

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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

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyMarshall
  • Taxes$4,255
  • HOA/Condo/Coop Fees$0
  • Days on Site139 Days
  • MLS StatusActive
  • MLS ID Number202400031
  • Home Size Source N/A
  • Year Built1983
  • Lot Size0.48 Acres
  • Full Baths2
  • Partial BathsN/A

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