241 Liberty StLowell, IN 46356

This turnkey restaurant in Lowell, Indiana, offers 4,650 square feet of space, including a full commercial kitchen, prep area, dining area, and a bar featuring unique historical elements from the building's past as the Lowell Water Company. Original water tanks and pipes are incorporated into the bar and seating, creating a distinctive ambiance. All furniture, fixtures, equipment, dishes, utensils, and furnishings are included in the sale, along with a three-way liquor license. A large outdoor deck is perfect for additional seating. The property consists of three parcels (APN: 45-19-23-351-034-000-008, 45-19-23-351-037-000-008, 45-19-23-351-036-000-008) and boasts a prime location on North Liberty Street, just 1.5 miles east of US 41 and 7.5 miles west of I-65, offering easy access to major transportation routes. The property is less than an hour southeast of Chicago's Loop and two hours north of Indianapolis. Its proximity to the proposed Illiana Expressway extension further enhances its accessibility. The location is also one block from the soon-to-be-renamed William R. Nassau Park, featuring an amphitheater, community building, and recreational amenities. 2023-2024 property taxes totaled $8,330.12 ($1.79/sq ft). Asking price is $495,000 ($106.45/sq ft).