Elkhart, IN 46516 526 S Main Street

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Presented By: Julie Circle with Keller Williams Realty Group; myhomebrokerjulie@gmail.com
  • MLS# 202428647
  • 07/31/2024
  • Get pre-approved
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  • Baths • 10
  • SQFT • 14,254

Home Details

Three adjoining retail/multi-use buildings currently operating as a Turn-Key restaurant and entertainment complex.The property is located on the 500 block of downtown Elkhart entertainment district. The unique property features a main restaurant location, a stage for live musical entertainment, with an adjoining smaller retail space that could operate independently. The venue is currently operating as one business with multiple seating areas. Large commercial kitchen and 3 bar service facilities. Summer overflow can use the private outdoor patio seating and small stage for musicians. Banquet room in the lower level provides more income opportunity. Comedy nights there have been memorable. Access to a River Walk liquor license for $1000 annually that permits use as a night club. A 2nd parcel is included (20-06-05-478-015.000-012) that includes 3 leased apartments with private Main Street entrance. Inventory and equipment included.
Presented By: Julie Circle with Keller Williams Realty Group; myhomebrokerjulie@gmail.com

Interior Features for 526 S Main Street

Other Interior Features

Basement Y/NYes
Burglar Alarm Y/NYes
Interior Height20
Smoke/Fire Alarm Y/NYes
Water Heater Y/NYes
FIRE PROTECTIONCity
Equipment Y/NYes
Basement/FoundationFull Basement, Outside Entrance
FlooringCarpet, Ceramic Tile
WallsConcrete

General for 526 S Main Street

# of Buildings3
Age104
Agent First NameJulie
Agent Last NameCircle
Annual Taxes11128
AreaElkhart County
Associated Document Count2
Auction Y/NNo
Bathrooms10
Business NameFive Star Dive Bar Inc.
Ceiling Height18.5
CityElkhart
ClassCOMMERCIAL
CoolingCentral Air, Multiple Cooling Units
DOM47
FIPS Code18039
HeatingGas, Forced Air, Multiple Heating Systems
Inside City LimitsYes
Legal DescriptionO L 44X95 FT LOT 25 & VAC 1 1/4 FT R W (TIF 75)
LocationCity
Lot Number25
New ConstructionNo
ParkingYes
ParkingLot, Paved, Street
Present UseBus. Included w/Property, Investment Property
REONo
RoofRubber
SewerCity
Special FeaturesThree Phase, Handicap Access, Alley, Basement, Public Restrooms, Reception Area, Security Fence, Ventilating/Exhaust Fans, Refrigeration/Freezer
StatusActive
StatusActive
Status Detail0
Stories3
SubdivisionNone
Tax Year2024
TownshipConcord
TypeRestaurant/Bar
Virtual TourClick here
Year Built1920
Years Established12

Exterior for 526 S Main Street

Approx. Lot Size Acres0.1
Construction Type 1Brick
ExteriorBrick
FencePrivacy
Ingress/EgressAsphalt
Lot Dimensions88 x 95
Lot Size Area4182
Parking Typelot, street
Road AccessCity
Security Light Y/NYes
Sprinkler System Y/NYes
Water Softener Y/NYes
Waterfront Y/NNo

Additional Details

Price History

Ryan Orr

Associate
Price $1,498,000
MLS#202428647
List Date 07/31/2024
Property Type Commercial
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