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Listing Summary
Listing
#443490
$499,900 (LP)
311 N Broad St,Griffith, IN 46319-2222*
Expired
(09/27/19)
Sq Ft:
5053
Lot Sz:
0.1430
Area
:
125
Yr
:
1947
*
Remarks
Great Location!! Price reduced Drastically on this 5000 Square Feet Commercial Building. Unlimited possibilities in in this building was a previous brewry!. It is Located in the growing and thriving downtown area of Griffith, IN. Can be a restraunt, offices,workshop, etc.Keep the previous concept of a restaurant in place or bring your own idea. Building has been completely remodeled recently. Inside features a large office, previous kitchen area, 4 other large rooms could be office spaces or dining areas, even waiting room for a medical facility. Newer electrical, plumbing, roof, 6 ton ac unit, 2018. Lake Michigan water. Downtown thriving area of Griffith. Close to major public transportation. Griffith Schools. Close to many parks. This is an opportunity that does not present itself often! Call for your private showing today!
Great Location!! Price reduced Drastically on this 5000 Square Feet Commercial Building. Unlimited possibilities in in this building was a previous brewry!. It is Located in the growing and thriving downtown area of Griffith, IN. Can be a restraunt, offices,workshop, etc.Keep the previous concept of a restaurant in place or bring your own idea. Building has been completely remodeled recently. Inside features a large office, previous kitchen area, 4 other large rooms could be office spaces or dining areas, even waiting room for a medical facility. Newer electrical, plumbing, roof, 6 ton ac unit, 2018. Lake Michigan water. Downtown thriving area of Griffith. Close to major public transportation. Griffith Schools. Close to many parks. This is an opportunity that does not present itself often! Call for your private showing today!
See Less
Map
View on Map
Auction
No
Area
125-Griffith
Subdivision
Oak Forest Add
Commission
Buyers Office
2.50
County
Lake
Approx Square Feet
5,053
Sq Ft Source
Assessor
Lot Sq Ft
(
approx
)
6,229
Lot Acres
(
approx
)
0.1430
Lot Size Source
(Assessor)
Year Built
1947*
Cross Street
Township
Calumet-Lake
Directions to Property
I-65 N. Take I-80 W/I-94 W/US-6 W to IN-912 E in Highland. Take exit 5 from I-80 W/I-94 W/US-6 W. Merge onto IN-912 E. Turn left onto W Ridge Rd. Turn right onto N Broad St. Destination will be on the left.
General Information
Legal Description 1
OAK FOREST ADD. ALL LOTS 29 & 30 BL.8
Zoning
COMM
Lot Dimensions
50x124.78
Lot Frontage
50
Lot Depth
124.78
Building Dimensions
118x50x96x50 roughly
Floors
Concrete
Number of Stories
1
Dock(s)
1
Parking Spaces
#
20.0
Possession
Negotiable
Overhead Doors
1
Agent Owned/Interest
No
REO
No
Earnest Money Dep
$
20000
Electronic Key Box
No
Financial Data
Total Annual Income
250000.00 (200k -250k Year)
Annual Expense Year
2017
Insurance Expense
120
Electricity Expense
1500 (Nipsco/Gas/Electric Average Monthly est.)
Water Expense
90 (85-100 Month est.)
Taxes
2390
Cleaning/Maintenance
$
300 (Monthly equipment maintenance)
Supplies
$
3600 (2400 yr Park Lot Rent+ 1200 snow removal)
Maintenance Expense
490
Property Amenities
Air Cond/Ventalation
Central Air (New 2017/10k), Chillers, Exhaust Fan(s), Zoned (Commercial)
Amenities
Exterior Lighting, Liquor License (3-Way Liquor License)
Backup Information
Legal Description
Ceiling Type
Acoustical, Other
Bldg. Construction
Brick
Current Use
Entertainment, Liq. Lic. Available (Liquor License Included), Office, Restaurant/Food Serv (Brewery/Food & Beverage), Tavern/Bar/Lounge (Brewery/Food & Beverage)
Docks
Exterior (Ground Level with Bay Door)
Electrical Service
201 - 600 Amps, NIPSCO
Gas Company
NIPSCO
Bldg. Exterior
Brick
Floor Finish
Concrete
Foundation
Concrete Perimeter
Location
Business District, Free Standing, Mixed Use, Near Airport
Fire Protect
Alarm on Site, Fire Extinguishers
Frontage Access
City Street, Public Road
Heat Ventilation
Forced Air, Zoned
Information
LAG Must Accompany
Misc. Inside
Meeting Room, Private Restrooms, Skylights
Phone/Internet
Cable Internet, Phone System
Misc. Outside
ADA Compliant, Security Lighting, Security System
Parking
Common Parking, Lighted Parking, Paved Parking, Private Parking, Public Parking
Potential Use
Entertainment, Hall, Liq. Lic. Available, Medical Office, Office, Recreational, Research & Develop, Restaurant/Food Serv, Retail, Mixed Use, Tavern/Bar/Lounge, Warehouse
Roof Coverings
Tar & Gravel
Roof Structure
Flat
Rail Availability
Potential
Terms
Cash, Contract, Conventional, Lease/Purchase, Owner Assisted
Tenant Pays
None
Utilities
Electricity on Site, Gas on Site, San. Sewer on Site, Storm Sewer Avail., Water Municipal, Water on Site
Mortgage Info
Mortgage Calculator