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2385 Willowcreek Rd 7,566 SF Retail Building Portage, IN 46368 $2,100,000 ($277.56/SF)
Investment Highlights
- High Traffic Count
- Zoned for Gas Station
Executive Summary
Turn-key business opportunity. This 7,566 SF building offers nearly 1,700 SF of rentable space and is ideally located on Willowcreek Road, just off the Indiana Toll Road exit, providing excellent visibility in a high-traffic area. Within walking distance to multiple hotels and surrounding businesses, this location is primed for continued success. The sale includes a thriving business, all fixtures, and a valuable 3-way liquor license. Roll-up garage door windows seamlessly open the bar/restaurant to an outdoor patio, creating an inviting indoor-outdoor experience. Additional features include a large walk-in cooler and a paved parking lot with 60 spaces. The building has been beyond well maintained and is ready for its next owner
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,566 SF
Building Class
C
Year Built
1988
Price
$2,100,000
Price Per SF
$277.56
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.13
Lot Size
1.38 AC
Zoning
Commercial - Commercial
Parking
60 Spaces (7.93 Spaces per 1,000 SF Leased)
Frontage
193’ on Willowcreek Rd
Amenities
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 64-05-12-351-002.000-016 | Improvements Assessment | $154,800 |
| Land Assessment | $182,700 | Total Assessment | $337,500 |
Property Taxes
Parcel Number
64-05-12-351-002.000-016
Land Assessment
$182,700
Improvements Assessment
$154,800
Total Assessment
$337,500
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2385 Willowcreek Rd