Carmel Restaurant

Property Description

• 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