332-338 Main Street, Hobart, Indiana
332-338 Main Street, Hobart, Indiana 46342 - What do you buy with $495,000? 1. Fully Equipped Restaurant with the same owner for well over 40 years (Recently Closed; personal reasons) NOTE: There is a possibility to lease the restaurant with option for the building 2. 6 apartments above the restaurant; one 1 2-bedroom apartment and 5 1-bedroom apartments. Annual income from apartments is over $46,000 3. And do not forget the restaurant space! One could lease the restaurant for $3,500 / month or $42,000 per year 4. Excellent location you don't want the Restaurant? Space can be divided into 3 stores for a total of 9 units! In summary, you buy an investment property with 7 to 9 units at a very low price.
Listing Courtesy of Realpoul Realty
“I had an outstanding experience with the Luby Group. I had interviewed other realtors but they wanted me to price my house below what I considered to be its market value. I found the Lubys to be great. They responded to any request and always negotiated on my behalf. I sold my house in less than a month! Thanks, Lubys!”