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107 Northpointe Blvd
Elkhart, IN 46514
Perkins Family Restaurant · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent visibility & access, located just off the I-80 / I-90 (Indiana Toll Road) Exit 92 interchange with strong traffic from regional travelers.
- Ample parking backed by high-volume traffic from both toll-road users and local shoppers.
- Large, well-positioned site with a large pylon sign, ideal for conversion or continued use.
EXECUTIVE SUMMARY
Existing Perkins turnkey operation, on pace for $1.6 million in sales in 2025, with the opportunity to
acquire both real estate and business in one acquisition. A strategic investment for hospitality buyer or
restauranteur, combining real estate value and ongoing cash-flow from an established business in a high-
traffic node. Perkins franchise agreement runs through 2026 and can be renewed or allowed to lapse, providing
flexibility for new owners. Local management and staff can stay in place permanently or through
transition period to assure seamless continued operations. Highly synergistic hospitality environment: surrounded by numerous hotels, including the nearby
Hampton Inn, Microtel Inn & Suites, Staybridge Suites, Four Points by Sheraton, Fairfield Inn & Suites,
Hilton Garden Inn, Holiday Inn Express and Tru by Hilton.
acquire both real estate and business in one acquisition. A strategic investment for hospitality buyer or
restauranteur, combining real estate value and ongoing cash-flow from an established business in a high-
traffic node. Perkins franchise agreement runs through 2026 and can be renewed or allowed to lapse, providing
flexibility for new owners. Local management and staff can stay in place permanently or through
transition period to assure seamless continued operations. Highly synergistic hospitality environment: surrounded by numerous hotels, including the nearby
Hampton Inn, Microtel Inn & Suites, Staybridge Suites, Four Points by Sheraton, Fairfield Inn & Suites,
Hilton Garden Inn, Holiday Inn Express and Tru by Hilton.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,264 SF
Building Class
C
Year Built
1995
Price
$1,500,000
Price Per SF
$284.95
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
0.89 AC
Zoning
B-3 - Business
Parking
73 Spaces (13.87 Spaces per 1,000 SF Leased)
Frontage
209’ on Northpointe Blvd Blvd
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 20-02-20-251-035.000-027 | Improvements Assessment | $302,100 |
| Land Assessment | $291,000 | Total Assessment | $593,100 |
PROPERTY TAXES
Parcel Number
20-02-20-251-035.000-027
Land Assessment
$291,000
Improvements Assessment
$302,100
Total Assessment
$593,100
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