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3131 E Market St
Logansport, IN 46947
Mr. Happy Burger · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • School Athletic Complex in adjacent property.
  • Indiana Restaurant Hall of Fame
  • Iconic brand with strong ties to the community.
  • Strong operating income with a strong rebound in take-out sales since Covid 19 reopening

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
3,875 SF
Building Class
C
Year Built
1970
Building Height
1 Story
Building FAR
0.28
Lot Size
0.32 AC

ABOUT 3131 E MARKET ST , LOGANSPORT, IN 46947

Colliers International is pleased to offer the opportunity for an enterprise and real estate purchase of Mr. Happy Burger East location and franchise intellectual property. Mr. Happy Burger is a member of the Indiana Restaurant Hall of fame and run by the legendary founder BobShanks and his family since 1961. The iconic restaurant is well known for its extensive menu of burgers, chicken, pizza, French fries and old fashion ice cream and soda fountain bar. The property and franchise are located at 3131 East Market Street in the main commerce corridor of Logansport, IN. With easy in and out access and ample parking. Home Depot, CVS, Walmart, Quality Inn and Super 8 as well as Logansport Schools and Skate World all within walking distance. Untapped potential – Currently only open six days a week (closed on Sunday) ten months of the year anddoes not have a breakfast offering. Breakfast alone could be another $300,000 - $400,000 in revenues with minimal change to operations. A detailed package including financial information is available upon signed receipt of the NDA.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
09-17-60-160-009.000-010
Land Assessment
$70,900
Improvements Assessment
$431,900
Total Assessment
$502,800
  • Listing ID: 20278008

  • Date on Market: 7/14/2020

  • Last Updated:

  • Address: 3131 E Market St, Logansport, IN 46947

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