15 Cedar Lane

Retail-Commercial for Sale
Catylist Listing ID: 30467252
Property Subtypes: Restaurant
Building Size (RSF): 3,440 SF
Gross Building Area: See Agent
Sale Price: $449,000
Unit Price: $130.52 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/2/2020

Overview / Comments

If you ever dreamed of owning a restaurant, now is the time. With a new addition for seating and a brand new kitchen added in 2017, this is a profitable company in a great tourist town that sits right across from Santa's Lodge. With a traditional menu and an ice cream shop, this is your one stop shop. Also available is a game room with updated video games that are leased, an ATM, bubble gum machines, and a change machine. Also on the grounds, you have a putt putt course, which needs new surfacing. With Holiday World, Lake Rudolph, Santa's Lodge and the surrounding locals, you will not have a problem keeping people happy with delicious pizza, great burgers, tenderloins or french fries, among many other items. Sitting on just over an acre, the space is plenty.

"Disclosure and Waiver Prior to Physical Showings must be signed before showing."

Additional Details

Nearest MSA: Evansville
County: Spencer
Tax ID/APN: 740502100005016005
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 2
Year Built: 1950

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 5,369 7,643
Median Age: 39.8 40.88
Households: 2,035 2,851


Photograph of Listing Agent

Steve Lukemeyer

F.C. Tucker Commercial
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