Address
1106 W Plymouth Street, Bremen, IN
Price
$ 360,000
Property Attributes
  • MLS#202323611
  • TypeCommercial
  • CountyMARSHALL
  • CityBremen
  • AreaGerman
  • Zip46506
  • StyleRestaurant/Bar
  • Year Built1983
  • Taxes$ 4255
  • Price$ 360,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2688
  • Lot Size0.48 Acres
Data Source:
Indiana Regional MLS (IRMLS)
Property Description

High traffic area restaurant in Bremen with current lease revenue until March 31, 2027. Rancho Viejo Mexican Restaurant is open 7 days a week. Corner lot with over 30 parking spaces and a shed. Outdoor patio currently being installed. There is a drive thru, but not currently in use. Walk-in cooler, his/her bathrooms and a large dining area along with a small office space. Larger kitchen equipment included in sale. 3 Ansul systems, fryer, oven, grill, prep tables, coolers, soda machines, ice machine and more. New AC in June 2023. Over $180,000 of lease revenue still coming in makes this a great investment!

Price History
7/7/2023 Listed $375,000
8/14/2023 4% - $360,000

General Features

# of Buildings 1
Age 40
Agent First Name Dan
Agent Last Name Wiseman
Annual Taxes 4255.6
Area Marshall County
Auction Y/n No
Bathrooms 2
Business Name Rancho Viejo
Ceiling Height 9
City Bremen
Class COMMERCIAL
Cooling Central Air
DOM 145
Fips Code 18099
Heating Gas, Forced Air
Legal Description CECIL R BURKET SUB LOT 3
New Construction No
Parking Yes
Parking Lot, Paved, Private
REO No
Roof Rubber
Sewer City
Special Features Handicap Access, Office Space, Public Restrooms, Ansel System, Refrigeration/Freezer
Status Active
Status Active
Stories 1
Street Name Plymouth
Subdivision None
Tax Year 2023
Township German
Type Restaurant/Bar
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202323611
Year Built 1983

Interior Features

Basement Y/n No
Basement/Foundation None
Burglar Alarm Y/n Yes
Equipment Y/n Yes
Fire Protection City
Flooring Tile
Interior Height 9
Smoke/fire Alarm Y/n Yes
Walls Drywall
Water Heater Y/n Yes

Exterior Features

Approx. Lot Size Acres 0.48
Construction Type 1 Concrete with Stucco Finish
Exterior Concrete, Stucco
Ingress/egress Asphalt
Lot Dimensions 140 X 150
Lot Size Area 21000
Number of Parking Spaces 34
Parking Type Lot, Paved, Private
Road Access City
Road Surface Asphalt
Security Light Y/n No
Sprinkler System Y/n No
Water Softener Y/n No
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool


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. Data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided by the Indiana Regional MLS. Information last updated on December 1, 2023 1:37 AM UTC

Property vs Commercial Average in 46506

Price
AVG $340K
$360K
Taxes
AVG $4,547
$4,255
Visits
AVG 126
133
Data Provided by Inside Real Estate®
Year Built
AVG 1992
1983
Walkscore
AVG 49
55
Data Provided by Walkscore® not using MLS data