115 Coolspring AveMichigan City, IN 46360

For Sale
$1,200,000

Thriving Restaurant, Turn-Key Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional opportunity presents the chance to acquire the highly successful Bubbles Ice Cream Parlor, a beloved Michigan City establishment since 2003. Located at 115 W Coolspring Ave, this family-owned business boasts a loyal customer base and prime location in LaPorte County's Neighborhood Commercial District (B-1 zoning). The 1,280 square foot, single-story building sits on an 18,150 square foot lot and includes 22 parking spaces. The asking price is $1,200,000, translating to $937.50 per square foot for the building and $936 per square foot for the land. The sale includes all furniture, fixtures, point-of-sale systems, and security cameras, offering a truly turnkey operation. The current owner is willing to provide training to ensure a smooth transition. Bubbles Ice Cream Parlor is consistently rated highly by satisfied customers and enjoys a reputation as the #1 dessert destination in LaPorte County, making this a rare opportunity to own a thriving, established business with significant potential for continued growth. This is a remarkable chance to own a well-established, profitable business in a desirable location. The property's Class D designation reflects its age and condition.

Highlights

  • $1,200,000 asking price for a 1,280 sq ft. retail restaurant.
  • Located at 115 W Coolspring Ave, Michigan City, IN 46360.
  • Class D building, built in 2003, with one story and 22 parking spaces.
  • Sits on an 18,150 sq ft. lot, zoned B1, with a land price per sq ft. of $936.
  • Includes all furniture, fixtures, POS systems, and security cameras; owner will provide training.

Property Details for 115 Coolspring Ave

Property type
Other retail properties, Restaurants
Square Feet
1,280 SF
Class
D
Year Built
2003
Buildings
1
Stories
1

Location Insight

City
Michigan City
County
LaPorte
State
Indiana
Latitude
41.69481295
Longitude
-86.89490885
115 Coolspring Ave, Michigan City, Indiana

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115 Coolspring Ave
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