600 Roosevelt RdWalkerton, IN 46574

For Sale
$259,000

Established Cafe & Rental Apartments

Overview

Added:
Feb 3
Days on market:
37
This exceptional commercial property, located at 600 Roosevelt Road in the heart of Walkerton, Indiana, presents a unique investment opportunity. The main building houses a well-established cafe, complete with the majority of its fixtures, creating a turnkey business opportunity for a new owner. The charming interior of the cafe is ready for immediate operation. Adding to the property's value are three apartments situated above the cafe. Two of these apartments are currently rented, boasting a strong rental history, providing a consistent stream of passive income. The third apartment is currently undergoing renovations, presenting an opportunity to increase rental income upon completion. The property sits on a 0.08-acre lot, offering a prime downtown location with high visibility and foot traffic. This is an ideal investment for an entrepreneur seeking a profitable business venture combined with a reliable rental income stream. The asking price for this combined commercial and residential property is $259,000. The established cafe and the strong rental history of the apartments make this a compelling investment opportunity in a desirable downtown location. Serious inquiries are encouraged to explore this promising venture further. The property's size is not specified in the provided information.

Property Details for 600 Roosevelt Rd

Property type
Other commercial real estate
Year Built
1920
Lot Size (sq. ft)
3,485 SF

Location Insight

City
Walkerton
County
St. Joseph
State
Indiana
Latitude
41.46655
Longitude
-86.48338
600 Roosevelt Rd, Walkerton, Indiana

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600 Roosevelt Rd
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