Retail•Restaurant•For Sale

Portage Restaurant + Investment Property

2554-2556 Portage Mall, Portage, Indiana 46368

Sale Price $325,000
Bldg Type Multi-Tenant
Year Built 1962
Year Renovated 2017
Vacancy 50%
Gross Bldg 5,932 SqFt
Land Area .38 Acres
Completely remodeled restaurant building for sale. Purchase price includes building with printer tenant, fixtures, furniture and most of the equipment within the restaurant. Building was remodeled in 2017 that included a new roof, new on demand hot water heater, hood, range, dishwasher, furniture, flooring, drop ceiling, tuck pointing, generator, and much more. Walk right into this and start running your new restaurant in no time. 24 hour notice required for all showings and please do not disturb tenant. Subject property is located at 2554-2556 Portage Mall in Portage, Indiana. Portage is a city in Portage Township in Porter County Indiana. The population was 36,828 as of the 2010 census. Portage is the largest city in Porter County, and the third largest in Northwest Indiana. Subject is located in the Portage Mall close to the new City of Portage government center being developed and the Promenade at Founders Square development. Promenade Square includes 304 residential units and 10,200 SF of ground floor retail, commercial, and restaurant space that is being built in multiple phases.
  • Restaurant near new Downtown redevelopment
  • Completely remodeled in 2017
  • Turnkey Restaurant
  • Included rent from tenant (20 years at location)
  • Low Price to entry
12/28/2018 5:56:56 PM 5/22/2019 7:20:00 PM
Aaron McDermott, CCIM
Latitude Commercial Real Estate


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