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Waymire Corner Tap 4 Davis St 5,042 SF Retail Building Hamlet, IN 46532 $502,500 ($99.66/SF)
Investment Highlights
- Three way liquor license for the whole county included in the sale.
- Building has been with all new roof, LED later new water heater, painted, etc.
- Restaurant has a loyal client base including large carry out business.
- Well established restaurant and bar.
- Large eight (8) room, 2,521 SF upstairs apartment.
- 100 amp electrical service in some parts of the building and also 200 am electrical service.
Executive Summary
The sale of this property includes a Three Way Liquor License valid throughout Stake County, Indiana. This historic brick building, originally constructed in 1915, offers a rare opportunity with its well-established restaurant and bar on the main floor, with a large sitting area, hardwood floors and a prime rib cooker included. All bar and restaurant equipment is in excellent condition. The property has been extensively updated with a new roof, LED lighting, a newer water heater, fresh paint, and both 100-amp and 200-amp electrical service in different areas of the building. The restaurant enjoys a loyal client base and a strong carry-out business. Upstairs, a spacious eight-bedroom, 2,521 SF rental apartment is immediately ready for occupancy, complete with central air. The property is supported by municipal water and sewer. This is a unique turnkey opportunity blending historic charm with modern convenience.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
5,042 SF
Building Class
C
Year Built/Renovated
1915/2023
Price
$502,500
Price Per SF
$99.66
Tenancy
Single
Building Height
2 Stories
Building FAR
0.66
Lot Size
0.18 AC
Opportunity Zone
Yes
Zoning
Commercial
Frontage
65’ on DAVIS ST
Property Taxes
| Parcel Number | 75-02-24-402-077.000-016 | Improvements Assessment | $30,000 |
| Land Assessment | $7,900 | Total Assessment | $37,900 |
Property Taxes
Parcel Number
75-02-24-402-077.000-016
Land Assessment
$7,900
Improvements Assessment
$30,000
Total Assessment
$37,900
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Waymire Corner Tap | 4 Davis St
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