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Farina's Supper Club 3311 Pottawattomie Trl 8,095 SF 100% Leased Retail Building Michigan City, IN 46360 For Sale
Executive Summary
Historic inn for sale in the beautiful, active beach town of Michigan City, just a five minute walk from the shores of Lake Michigan and the desirable private access Duneland Beach.
Ideal for an investor looking to acquire and run a hospitality asset with a long term restaurant tenant lease in place. The restaurant, Farina Supper Club, is not included in the sale but has secure ties to the inn with a long term lease in place and will remain open and running. Delivered unfurnished, the property presents an exceptional opportunity for new ownership to introduce their own aesthetic vision.
This long-standing, historic property has been thoughtfully restored and redesigned, offering elegant amenities. These include 7 guestrooms - each with their own private baths and some with fireplaces and jetted tubs, an upper level common area for gathering, a Butler's Pantry for morning coffee, two dining areas, two common area fireplaces, a custom crafted bar, a front board room, outside seating and access to the acclaimed restaurant located on the premises.
Ideal for an investor looking to acquire and run a hospitality asset with a long term restaurant tenant lease in place. The restaurant, Farina Supper Club, is not included in the sale but has secure ties to the inn with a long term lease in place and will remain open and running. Delivered unfurnished, the property presents an exceptional opportunity for new ownership to introduce their own aesthetic vision.
This long-standing, historic property has been thoughtfully restored and redesigned, offering elegant amenities. These include 7 guestrooms - each with their own private baths and some with fireplaces and jetted tubs, an upper level common area for gathering, a Butler's Pantry for morning coffee, two dining areas, two common area fireplaces, a custom crafted bar, a front board room, outside seating and access to the acclaimed restaurant located on the premises.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,095 SF
Building Class
B
Year Built/Renovated
1922/2007
Percent Leased
100%
Building Height
2 Stories
Building FAR
0.36
Lot Size
0.52 AC
Zoning
Commercial
Parking
52 Spaces (6.42 Spaces per 1,000 SF Leased)
Frontage
250’ on Pottawattomie Trl
Amenities
- Restaurant
Somewhat walkable
20/100
Exceptionally drivable
90/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 46-01-12-380-016.000-021 | Improvements Assessment | $214,400 |
| Land Assessment | $326,900 | Total Assessment | $541,300 |
Property Taxes
Parcel Number
46-01-12-380-016.000-021
Land Assessment
$326,900
Improvements Assessment
$214,400
Total Assessment
$541,300
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Farina's Supper Club | 3311 Pottawattomie Trl
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