Carmel Restaurant

Priced below appraised value

freestanding building with full, finished basement - 3,480 sq ft main floor + 3,480 sq ft basement

C6 highway commercial zoning permits 35 principal uses, supporting restaurant, retail or a range of alternate commercial uses

Recent capital upgrades

Turnkey commercial kitchen with gas ranges, griddle, deep fryers, dishwashing stations, and fire suppression hood vent

Estimated market rent of $104,400/yr and NOI of $89,811 supports ownership as an investment, restaurant operation or owner-user purchase