1106 Plymouth St Bremen, IN 46506

Price
$340,000
Listed On
Type
For Sale
Status
Active
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
1106 Plymouth St, Bremen, IN 46506
2 Bath
Asking  $340,000

Snapshot

Property Type
Other
Lot Size
0.48 acres
Property Sqft
MLS Number
202400031
Year Built
1983
Days On Market

Description

Tenant occupied investment property performing at 12% CAP rate. Seller is expanding his other business and needs to cash out! El Rancho Viejo is the current lessee and is a popular restaurant with a loyal clientele. Current lease runs through 2027 with landlord paying only taxes. The sale includes the real estate, specific trade fixtures, and a 3-way liquor license. The property sits on the main east-west corridor through town with an daily average of 8,432 vehicles and is poised for additional growth. Bremen is the largest city in Marshall county and has a large and well established local manufacturing corridor, low cost of doing business, and a regional commitment to continued growth. This is a great opportunity to see great rental return with a well liked and performing tenant. Monthly rent at $4,000/yr through 2026, $5,000/yr 2027 Parking for 35 cars. Included inventory attached. Tenant shows interest in renewing lease post 2027

More Details

Provider
Century 21 Circle
MLS ID
GSBMARIN
MLS Name
Greater South Bend-Mishawaka Association of Realtors
MLS Number
202400031
Source
listhub
PARTICIPANT
Name
Nick DeMaegd
Primary Phone
(574) 229-7020
Key
3YD-GSBMARIN-50717
Email
demaegd01@gmail.com
BROKER
Name
Century 21 Circle
Phone
(219) 661-3000
OFFICE
Name
Century 21 Circle
Phone
(219) 661-3000
Copyright © 2023 Greater South Bend-Mishawaka Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

History

DateEventPrice$/SqftSource
Listed For Sale$340,000 Century 21 Circle
Report issue with price history

Nearby Schools

Elementary & Middle School

Bremen Elementary - Middle School

0.3 miles awayPK - 08

Senior High School

Bremen Senior High School

0.5 miles away09 - 12
Get more info on 1106 Plymouth St, Bremen, IN 46506
Profile
Nick DeMaegd
Listing Agent
(574) 229-7020
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.
Profile
Nick DeMaegd
Listing Agent
(574) 229-7020
By pressing request info, you agree that Residential and real estate professionals may contact you via phone/text about your inquiry, which may involve the use of automated means.