531 S Franklin Street Oakland City, IN $ 164,500
531 S Franklin Street
$ 164,500

531 S Franklin Street Oakland City, IN, 47660

$ 164,500
Bedrooms Baths-- Sq 848

Monthly Estimate*

$ 638

How much can I afford?
531 S Franklin Street, Oakland City, IN 47660 - Image 1
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531 S Franklin Street, Oakland City, IN 47660 - Image 8
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Commercial Property for sale in Oakland City, IN

for $164,500. This 848 square foot building was built in 1953 on a lot size of 144x99x103x41x83.

BE YOUR OWN BOSS with this rare opportunity to get a turn key, walk right in, go at it, business to run your own way. A very successful operation has been built on a reputation for producing a quality and great tasting product. It is currently only operated 6 months of the year with possibilities well beyond that if a new owner desires. The whole property has been very tastefully renovated or added new. The original main restaurant building was remodeled inside and out in 2012. A new customer shelter house was added, as well as a new storage building adjoining. Parking area was expanded. A privacy fence and landscaping added. This is a full service ice cream shop with additional offerings of cooked sandwiches, salads, etc.... The location is at a major traffic intersection with maximum visibility. The high school and local college are proximate to this location. The equipment is nearly all new and in very good operating condition, with daily cleaning and regular professional servicing. There is walk up service to the front window and also drive thru for convenience. This is a solid business but the owners are ready to move on to other endeavors. This is your chance to continue with success at this highly visible and well known business. Call for an appointment today.

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Commercial Active

Price

$ 164,500

Property Type

Commercial

Style

Restaurant

Lot Size

144x99x103x41x83

Year Built

1953

Town/City

Oakland City

County/Region

Gibson

MLS | Web ID

201814842

Features
Room Sizes
Kitchen
Other
Interior
Appliances Smoke Detector
Cooling System Central Air
Flooring Ceramic Tile Flooring
Heating Source Electric
Heating System Forced Air Water Heater
Interior Walls: Concrete Block Walls: Dry Wall
Sewer City Sewer
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Exterior
Construction Concrete
Fence Privacy PVC
Foundation Slab
Parking 1-20 Parking Spaces Lighted Parking Off Street Parking Private Lot Unpaved
Roof Rubber
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Miscellaneous
Commercial Display Window Sale Includes Building Sale Includes Inventory Sale Includes Land Sign
Location Near School Other
Other Lighting - Other
Utilities Electric Gas Public Water/Sewer Water
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* Excluded Features
List By
DONALD MORROW

Listing Agent

Morrow Real Estate

Broker


Affordability

$ 638 per month
Get Pre-Approved
Monthly Principal & Interest
$638
Monthly Property Taxes
--
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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531 S Franklin Street, Oakland City, IN, 47660 is a Commercial Property for sale at $164,500 with 848 sqft and a lot size of 144x99x103x41x83. 531 S Franklin Street was built in 1953. The property's zip code is 47660 which is in Oakland City, IN