retail property for sale freestanding restaurant space- … · 2019-10-16 · co-founder/senior...

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Retail Property For Sale Freestanding Restaurant Space- Schererville IN 1120 LINCOLN HIGHWAY, SCHERERVILLE, IN 46375 BRETT MCDERMOTT Co-Founder/Senior Vice President 219.864.0200 [email protected] MYLES RAPCHAK 219.864.0200 [email protected] LATITUDECO.COM For more information, please contact:

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Page 1: Retail Property For Sale Freestanding Restaurant Space- … · 2019-10-16 · Co-Founder/Senior Vice President 219.864.0200 bmcdermott@latitudeco.com MYLES RAPCHAK 219.864.0200 mrapchak@latitudeco.com

Retail Property For Sale Freestanding Restaurant Space- Schererville IN

1120 LINCOLN HIGHWAY, SCHERERVILLE, IN 46375

BRETT MCDERMOTT

Co-Founder/Senior Vice [email protected]

MYLES RAPCHAK

219.864.0200

[email protected] LATITUDECO.COM

For more information, please contact:

Page 2: Retail Property For Sale Freestanding Restaurant Space- … · 2019-10-16 · Co-Founder/Senior Vice President 219.864.0200 bmcdermott@latitudeco.com MYLES RAPCHAK 219.864.0200 mrapchak@latitudeco.com

FREESTANDING RESTAURANT SPACE- SCHERERVILLE IN1120 Lincoln Highway, Schererville, IN 46375

E X E C U T I V E S U M M A R Y

• 2 •LATITUDECO.COM

BRETT MCDERMOTTCo-Founder/Senior Vice [email protected]

MYLES RAPCHAK

219.864.0200

[email protected]

PROPERTY HIGHLIGHTS• Former restaurant space for sale in Schererville, IN• Located directly on US 30, less than 1/4 mile from US 41• 1200 SF building sitting on over 2 acres• Zoned C-3 Highway Commercial• Hood system and some small equipment still in place

OFFERING SUMMARY

Sale Price: $349,000

Lot Size: 2.23 Acres

Year Built: 1960

Building Size: 1200 SF

Zoning: C-3 HighwayCommercial

Page 3: Retail Property For Sale Freestanding Restaurant Space- … · 2019-10-16 · Co-Founder/Senior Vice President 219.864.0200 bmcdermott@latitudeco.com MYLES RAPCHAK 219.864.0200 mrapchak@latitudeco.com

• 3 •LATITUDECO.COM

BRETT MCDERMOTTCo-Founder/Senior Vice [email protected]

MYLES RAPCHAK

219.864.0200

[email protected]

PROPERTY DESCRIPTION

Former restaurant space now available for sale in Schererville, IN.The subject property is approximately 1,200 SF and sits on over 2acres of land directly on US 30, just 1/4 mile west of US-41("Crossroads of America"). The property has been run as arestaurant for over 20 years and has some small equipment still inas well as a hood system. There is plenty of land to expand as wellas outdoor seating for customers. The property is zoned C-3Highway Commercial and has a pylon sign on the property withmaximum visibility to over 30,000 vehicles per day on US 30

LOCATION DESCRIPTION

Schererville is a town in St. John Township, Lake County, Indiana.It is part of the Chicago MSA. Long before Indiana became a state,long before the founding of Schererville, people called this place the"Crossroads." Many residents of Schererville commute to work indowntown Chicago due to the city's proximity. Schererville is hometo one of Northwest Indiana's premiere retail trade areas.

FREESTANDING RESTAURANT SPACE- SCHERERVILLE IN1120 Lincoln Highway, Schererville, IN 46375

P R O P E R T Y D E S C R I P T I O N

Page 4: Retail Property For Sale Freestanding Restaurant Space- … · 2019-10-16 · Co-Founder/Senior Vice President 219.864.0200 bmcdermott@latitudeco.com MYLES RAPCHAK 219.864.0200 mrapchak@latitudeco.com

• 4 •LATITUDECO.COM

BRETT MCDERMOTTCo-Founder/Senior Vice [email protected]

MYLES RAPCHAK

219.864.0200

[email protected]

FREESTANDING RESTAURANT SPACE- SCHERERVILLE IN1120 Lincoln Highway, Schererville, IN 46375

L O C A T I O N M A P S

Page 5: Retail Property For Sale Freestanding Restaurant Space- … · 2019-10-16 · Co-Founder/Senior Vice President 219.864.0200 bmcdermott@latitudeco.com MYLES RAPCHAK 219.864.0200 mrapchak@latitudeco.com

• 5 •LATITUDECO.COM

BRETT MCDERMOTTCo-Founder/Senior Vice [email protected]

MYLES RAPCHAK

219.864.0200

[email protected]

FREESTANDING RESTAURANT SPACE- SCHERERVILLE IN1120 Lincoln Highway, Schererville, IN 46375

R E T A I L E R M A P - D O Z E L L I S

Page 6: Retail Property For Sale Freestanding Restaurant Space- … · 2019-10-16 · Co-Founder/Senior Vice President 219.864.0200 bmcdermott@latitudeco.com MYLES RAPCHAK 219.864.0200 mrapchak@latitudeco.com

• 6 •LATITUDECO.COM

BRETT MCDERMOTTCo-Founder/Senior Vice [email protected]

MYLES RAPCHAK

219.864.0200

[email protected]

POPULATION 1 MILE 3 MILES 5 MILES

Total Population 7,709 52,828 146,254

Median age 42.5 41.9 40.3

Median age (Male) 40.6 40.5 38.8

Median age (Female) 44.9 43.6 41.9

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 3,193 20,345 54,609

# of persons per HH 2.4 2.6 2.7

Average HH income $79,288 $86,053 $81,216

Average house value $229,381 $231,790 $212,832

* Demographic data derived from 2010 US Census

FREESTANDING RESTAURANT SPACE- SCHERERVILLE IN1120 Lincoln Highway, Schererville, IN 46375

D E M O G R A P H I C S M A P & R E P O R T