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4020 E Old US 30 6,680 SF Retail Building Hamlet, IN 46532 $349,900 ($52.38/SF)



EXECUTIVE SUMMARY
Welcome to this exceptional opportunity in Hamlet, IN! This desirable, fully equipped restaurant comes with a rare on-site living quarters on the second floor perfect for an owner-operator or rental income. The upstairs unit offers 2 bedrooms, a newly remodeled full bath, in-unit laundry, a spacious living room, and a kitchen area ready for completion with gas and water lines already in place. The main level restaurant is loaded with high-value equipment and features a fully operational bar with a 3-way liquor license. Included equipment: Henry Penny 13K machine, 10K fire stove, Patriot grill, 24 inch Star charbroiler, 2 Patriot deep fryers, 3 electric steam tables, 60 inch prep/make table, multiple stainless-steel work tables, 2 commercial microwaves, conveyor,2 meat slicers, extensive small wares pots, pans, utensils, dishes, plus a fully equipped dish area with LT20 Hobart corner machine, sprayer unit, 8 inch three-bay stainless sink, and a 60 inch double-door freezer. Also included are a Manitowoc 5000 ice machine, 2 bin coffee makers, wire storage racks, 18 ft hood with fire-suppression system, additional upright and chest freezers, and general back-of-house operational essentials, mops, brushes, trash cans, etc. Bar amenities include, a 60 bottle cooler, 8 by 12 walk-in cooler, and a 60 inch double-door glass merchandiser. The dining room is currently set for approximately 75 seats. A camera system is already in place. Propane tanks are owned by the buyer. Some personal décor items will not remain please inquire; otherwise, all restaurant-level equipment conveys with the sale. A turn-key opportunity with tremendous value, ideal for anyone looking to step into ownership with living space included! There is an attached shed on the exterior of the building and new electrical panel that operates boxes for camper plugins. Lastly, the foundation walls have all been dug out and waterproofed in 2024 except the North wall which is to be completed this spring.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,680 SF
Building Class
C
Year Built
1900
Price
$349,900
Price Per SF
$52.38
Tenancy
Single
Building Height
2 Stories
Building FAR
0.15
Lot Size
1.05 AC
Opportunity Zone
Yes
Zoning
HI
Parking
9 Spaces (1.35 Spaces per 1,000 SF Leased)
AMENITIES
- Air Conditioning
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Caboose Cafe
- Services
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Caboose Cafe | Services | - | - | - |
PROPERTY TAXES
| Parcel Number | 75-02-23-100-001.000-015 | Improvements Assessment | $79,400 |
| Land Assessment | $19,100 | Total Assessment | $98,500 |
PROPERTY TAXES
Parcel Number
75-02-23-100-001.000-015
Land Assessment
$19,100
Improvements Assessment
$79,400
Total Assessment
$98,500
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4020 E Old US 30
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