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727 S State Road 57 Highway

Washington, IN 47501
  • $499,900
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 202511613
UPDATED: 60 min ago
$499,900
  • 0
    BEDS
  • 0.82
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,442
    SQFT
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

Listing provided by Chris Craig of Home & Harvest Properties LLC: chris@homeandharvestproperties.com.

Description

This highly successful, turn-key restaurant is a rare opportunity for anyone looking to step into a thriving business at a PRIME highway frontage location. Featuring a valuable 3-way liquor license, this establishment has recently undergone an extensive remodel, showcasing a fully updated interior and modernized equipment. The main dining area accommodates up to 84 customer seating, boasting brand-new tables and chairs, a new full flake-coated floor, a drop ceiling, and two 65 LED TVs. The space includes two handicap-accessible restrooms with tiled walls, a showcase refrigerator, a beer refrigerator, a CAKE point-of-sale system, and a 9-camera security system with remote access. The state-of-the-art kitchen features floor-to-ceiling stainless steel walls, a new grill, a recently serviced and cleaned stove, a new fryer, three reach-in refrigerators, a reach-in freezer, a walk-in cooler conveniently located at the rear of the building for easy deliveries, a new dishwasher, and a modern hood system with a makeup air return. The upstairs second floor is drywalled, spray foam insulated, and rough-finished with plumbing ready for a full bathroom, offering versatile space for tons of storage, an office, an employee break room, or possibly a conversion into an apartment. With all-new plumbing, electrical, and a well-maintained HVAC system, this property is truly move-in ready. Everything in the restaurant stays and is included with the sale, making for a seamless transition for the new owner. Situated along Highway 57 with nearly 250 feet of prime road frontage, this location offers high visibility between Walmart and the local high school, ensuring a steady flow of current and potential customers. The parking lot is in excellent condition, making this an outstanding investment in a prime location!

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© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-04-28T20:28:22.83.

www.housesinfortwayne.com/homes/162303231
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727 S State Road 57 Highway Washington, IN 47501

  • Price: $499,900
  • Status: Active
  • On Site: 20 Days
  • Updated: 60 min ago
  • MLS #: 202511613
0
Beds
0
Baths
0
½ Baths
0.82
Acres
3,442
SQFT
$145
$/SQFT
1970
Built
Neighborhood:
None
County:
Daviess
Area:
Daviess
Property Description
This highly successful, turn-key restaurant is a rare opportunity for anyone looking to step into a thriving business at a PRIME highway frontage location. Featuring a valuable 3-way liquor license, this establishment has recently undergone an extensive remodel, showcasing a fully updated interior and modernized equipment. The main dining area accommodates up to 84 customer seating, boasting brand-new tables and chairs, a new full flake-coated floor, a drop ceiling, and two 65 LED TVs. The space includes two handicap-accessible restrooms with tiled walls, a showcase refrigerator, a beer refrigerator, a CAKE point-of-sale system, and a 9-camera security system with remote access. The state-of-the-art kitchen features floor-to-ceiling stainless steel walls, a new grill, a recently serviced and cleaned stove, a new fryer, three reach-in refrigerators, a reach-in freezer, a walk-in cooler conveniently located at the rear of the building for easy deliveries, a new dishwasher, and a modern hood system with a makeup air return. The upstairs second floor is drywalled, spray foam insulated, and rough-finished with plumbing ready for a full bathroom, offering versatile space for tons of storage, an office, an employee break room, or possibly a conversion into an apartment. With all-new plumbing, electrical, and a well-maintained HVAC system, this property is truly move-in ready. Everything in the restaurant stays and is included with the sale, making for a seamless transition for the new owner. Situated along Highway 57 with nearly 250 feet of prime road frontage, this location offers high visibility between Walmart and the local high school, ensuring a steady flow of current and potential customers. The parking lot is in excellent condition, making this an outstanding investment in a prime location!
Exterior Features

Construction Type1 Site Built Driveway Asphalt Exterior BrickMetal Fire Doors YN No Location CityCommercial Lot Dimensions 200'X200' Approx Parcel Description 0-2.9999 Parking Off-StreetPavedPrivate Parking Type Private - 38 Cars - 2 handicap Parking YN Yes Road Access State Roof Material Build-UpMetalRubber Security Light YN Yes Sign Type Attached Building Signs Signs YN Yes Water Features None Waterfront YN No

Interior Features

Basement Foundation Slab Basement YN No Bldg1 Above Grd Sq Ft 3442 Bldg1 Below Grd Sq Ft 0 Bldg1 Fin Office Sq Ft 0 Ceiling Height 9 Column Spacing None Cooling Central AirMultiple Cooling Units Flooring ConcreteOther Heating Fuel GasConventional Interior Height 9 Interior Walls DrywallMetalOtherVinyl Internal Rooms KitchenOfficeShowroomStorageWarehouseWorkroom Special Features 220 VoltsThree PhaseHandicap AccessDisplay RoomDisplay Window(s)Office SpacePublic RestroomsVentilating/Exhaust FansAnsel SystemRefrigeration/Freezer Total Restrooms 2

Property Features

Annual Taxes 3339 Auction YN No Buildings 1 Burglar Alarm YN Yes Currently Leased YN No Documents Available Aerial PhotoEquipment ListIncome/Expenses Enterprise Zone No Equipment YN Yes Fire Protection City For Sale Or Rent For Sale Ingress Egress Asphalt Lease Term Remaining 0 New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use BarRestaurantRetail Property Sub Type Restaurant/Bar Property Use Bus. Included w/PropertyInvestment Property Reo YN No Sale Includes BuildingBusinessFurnitureInventoryLandOther Sewer CityPublic Smoke Fire Alarm YN Yes Sprinkler System YN No Tax Abatement No Township Washington Water Heater YN Yes Water Softener YN Yes Water Utility CityPublic Year Taxes Payable 2024

Listing provided by Chris Craig of Home & Harvest Properties LLC: chris@homeandharvestproperties.com.

© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty.


© 2025 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barnes Real Estate Services | North Eastern Group Realty. Data last updated: 2025-04-28T20:28:22.83.

 
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Barnes Real Estate Services | North Eastern Group Realty
10808 La Cabreah Ln
Fort Wayne IN, 46845
Listing provided by Chris Craig of Home & Harvest Properties LLC: chris@homeandharvestproperties.com.