310 Wendell Jacob AveAngola, IN 46703

For Sale
$825,000

Prime Angola location, 11,820 sq ft, high visibility.

Overview

Added:
Dec 11, 2024
Days on market:
90
This exceptional mixed-use property, located at 310 W Wendell Jacob Ave in Angola, Indiana, presents a unique investment opportunity. The 11,820-square-foot building sits on a 3.425-acre lot, offering high visibility and ample space for a variety of uses, ideally suited for a restaurant, bar, or banquet facility. Built in 1985, the property boasts a metal roof and has been well-maintained, featuring four newer HVAC units ensuring climate control. The interior includes a sizable bar area, a spacious open area exceeding 5,400 square feet, and an additional lounge area, providing versatile space for various functions. Two large bathrooms and two private offices with their own restroom offer convenient amenities. The property has been upgraded with two new 600 AMP electrical service boxes. A significant advantage is the inclusion of two large walk-in cooler/freezer units, perfect for food service operations. A commercial-grade 75-gallon hot water heater is also in place. The kitchen area is substantial, featuring a prep area and a separate dishwashing room/bus station. A large entry hall and covered entrance enhance the property's appeal. A significant 4,400-square-foot unfinished dry basement offers considerable potential for expansion or storage. Currently operating at 100% occupancy, this property offers immediate return on investment. The asking price is $825,000, translating to $69.80 per square foot. This is a remarkable opportunity to acquire a well-equipped, high-visibility commercial building in a desirable location.

Property Details for 310 Wendell Jacob Ave

Property type
Other specialty properties, Other mixed-use properties
Square Feet
11,820 SF
Year Built
1985
Lot Size (sq. ft)
149,193 SF

Location Insight

City
Angola
County
Steuben
State
Indiana
Latitude
41.6726754
Longitude
-85.0021477
310 Wendell Jacob Ave, Angola, Indiana

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310 Wendell Jacob Ave
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