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    2620 S Madison Street

    Muncie, IN 47302
    • $299,900
    • STATUS: Pending
    • ON SITE: 691 days
    • MLS #: 201849671
    Pending
    UPDATED: 50 min ago
    $299,900
    • 0
      BEDS
    • 0.23
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,000
      SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1947
    County:
    Area:

    School Ratings & Info

    Description

    Owner is ready to retire and offer this Muncie restaurant for sale. This is the first Mexican Restaurant in Muncie with the same owner since 1978. Profitable business with room to grow the business and increase the profits. Includes all fixtures and equipment, liquor license, inventory, recipes and real estate. Truly a turn key operation. Steady and consistent income month to month and year to year. The restaurant seats a total of 136 consisting of 28 in the bar area, 20 in the outside patio and 88 in the interior dining room. The building, parking lot, walk-in cooler, freezer and equipment have been well maintained and replaced as needed. Great opportunity for owner - operator or investor.

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    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dauby Team | Keller Williams Realty. Data last updated: 2020-09-29T14:28:06.373.

    www.thedaubyteam.com/homes/89218678
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    2620 S Madison Street Muncie, IN 47302

    • Price: $299,900
    • Status: Pending
    • Updated: 50 min ago
    • MLS #: 201849671
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.23
    Acres
    4,000
    SQFT
    $75
    $/SQFT
    1947
    Built
    Neighborhood:
    None
    County:
    Delaware
    Area:
    Delaware
    Property Description
    Owner is ready to retire and offer this Muncie restaurant for sale. This is the first Mexican Restaurant in Muncie with the same owner since 1978. Profitable business with room to grow the business and increase the profits. Includes all fixtures and equipment, liquor license, inventory, recipes and real estate. Truly a turn key operation. Steady and consistent income month to month and year to year. The restaurant seats a total of 136 consisting of 28 in the bar area, 20 in the outside patio and 88 in the interior dining room. The building, parking lot, walk-in cooler, freezer and equipment have been well maintained and replaced as needed. Great opportunity for owner - operator or investor.
    Exterior Features

    Construction Type1 Brick Veneer Exterior Brick Fire Doors YN Yes Location City Lot Dimensions 80X125 Parking LotOff-StreetPavedStreet Parking Spaces 20 Parking Type Off Street Parking YN Yes Road Access City Road Surface Asphalt Roof Material AsphaltBuild-Up Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Waterfront YN No

    Interior Features

    Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 4000 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Ceiling Height 8 Column Spacing N/A Cooling Central AirWall Ac Flooring CarpetTile Heating Fuel GasForced AirMultiple Heating Systems Interior Height 8 Interior Walls Drywall Internal Rooms Kitchen Special Features Public RestroomsVentilating/Exhaust FansAnsel SystemRefrigeration/Freezer Total Restrooms 2

    Property Features

    Annual Taxes 3714 Auction YN No Buildings 1 Burglar Alarm YN Yes Cross Street 20th Currently Leased YN No Documents Available None Easements None Enterprise Zone No Equipment YN Yes Existing Financing Conventional Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Inside City Limits Yes Lease Term Remaining N/A New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use BarRestaurant Property Sub Type Restaurant/Bar Property Use Bus. Included W/Property Proposed Financing CashConventional Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer Hook-UpMun. Water Hook-Up Reo YN No Restrictions None Sale Includes BuildingBusinessFurnitureInventoryLandLicense Included Sewer City Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN No Tax Abatement No Township Center Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2018 Years Established 1978

    Listing courtesy of Brian Allardt of Coldwell Banker Real Estate Group.
    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dauby Team | Keller Williams Realty.


    © 2020 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Dauby Team | Keller Williams Realty. Data last updated: 2020-09-29T14:28:06.373.

     
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    The Dauby Team | Keller Williams Realty
    4424 Vogel Rd, Suite 300
    Evansville IN, 47715