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23129229
27409204

518 Lincolnway, La Porte, IN 46350

LT
IN RB14020765
Lori Tubbs
Listed by Lori Tubbs
$295,000
482 days on market
Updated 11 days ago

518 Lincolnway

Details
APN 460635441003000043
Property Type Retail
Sub Type Restaurant
Square Footage 5,800
Zoning Downtown Core

Retail | 5,800 SqFt

Marketing description

This 54-seat restaurant offers a rare opportunity to own a well-equipped space in downtown La Porte. Originally built in 1900, the property blends historic charm with modern functionality, making it ideal for an owner-operator or investor looking to step into an established setting. The restaurant is fully equipped with a bar and TVs, a 23-tap system (beer, wine, and nitro beer), and a commercial kitchen that includes a hood and Ansul system. The basement features two large walk-in coolers (7.5’x14’ for beer and 7.5’x20’ for food storage), along with a grease trap integrated into the kitchen floor. New operator will need to obtain liquor license. Security and fire monitoring systems are already in place.

The main floor spans 2,200 square feet, with an additional 2,000 square feet in the basement, offering ample storage and prep space. The restaurant has two restrooms and a kitchen outfitted with two split A/C units for climate control. Major system updates include new plumbing and water lines in 2019, a new 200-amp electrical panel in 2018, and a water heater installed in 2019.

Above the restaurant, a 1,200-square-foot, 2-bedroom, 1-bath apartment provides additional income potential and is currently operating as an Airbnb. The unit was updated in 2019 with new appliances, a water heater, A/C, and furnace, and includes a washer and dryer.

Investment highlights

Mixed-use opportunity

Fully equipped 54-seat restaurant

2-bed apartment

Total SF is 5,800

Listing Contacts

LT
IN RB14020765
Lori Tubbs
Listed by Lori Tubbs

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Additional Information

Name
Lori Tubbs
License
RB14020765
Brokerage Phone
6307765156
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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