1106 Plymouth Street Bremen, IN 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
- 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
Sell your house quickly!
Get multiple potential cash offers for your home. Fast and hassle-free!
Learn MoreRecent Activity For 1106 Plymouth Street Bremen, IN 46506
a week ago | |
5 months ago |
Don't miss a thing!
Get updates on new activity for this listing