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Listing ID #: 10657 Investment Opportunity in the Mishawaka Retail District

Advertiser Info

 User:  cressy4100

Member Since: Mar 2013

Page Views

For This Ad:   643

Ad Info

  • Date Posted:
  • February 14, 2018
  • Purchase Price:
  • $2,550,000
  • Property Type:
  • Restaurant

    Property Address:

  • Street:
  • 4340 N. Main St.
  • City:
  • Mishawaka
  • State:
  • Indiana
  • Zip Code:
  • 46545
  • County:
  • St. Joseph

    Contact Info:

  • Contact Name:
  • Corey Cressy
  • Phone:
  • (574) 485-1513
Additional Details
  • Listing ID:
  • Brokerage Firm:
  • Listing Type:
  • Distressed:
  • Tenancy:
  • No. Floors:
  • Year Built:
  • Bldg Sqft:
  • Land/Lot Size:
  • 10545
  • Newmark Grubb Cressy & Everett
  • Privately Owned
  • No
  • Single
  • 1
  • 2005
  • 5,921
  • 1.99 Acres

Property Description

Scotty's Brewhouse is located in the heart of the retail district on Main Street just north of Day Road. Whole Foods, Panera, Kohls, Gordmans, Dicks Sporting Goods and PetSmart are some of the many retailers located around Scotty's, and it is only 3 miles to the University of Notre Dame. The property offers an attractive, well-maintained freestanding 5,921 SF restaurant building on 1.99 acres. Scotty's is responsible for operating expenses which makes for an easy investment for landlord. There are 15 Scotty's Brewhouses located in Indiana, Illinois, and Florida with plans to continue expansion nationally. The property is wholly or in part owned by licensed real estate brokers in the State of Indiana.

Situated along the heavily traveled Main Street corridor, the property is located in the heart of the dominant University Park Trade Area which encompasses over 6 million square feet of commercial and national retail businesses. The property is located across from Princess City Plaza, a major retail shopping center anchored by Whole Foods Market, Kohl's, Gordmans, Old Navy, Dicks Sporting Goods, and PetSmart. Located adjacent to the property is the Saint Joseph Health Center, Edison Lakes Medical Center and the Edison Lakes Corporate Office Park, consisting over 1 million square feet office/medical campus. The property is easily accessible to the surrounding community and has great visibility on N. Main Street with approximately 30,000 cars driving by daily.