5658 NW Shafer Dr., Monticello, IN
Retail for Sale - $285,000 - 7,500 Sq. Ft. on 1 acres


Property Info
CIMLS# | 911860 |
Location 5658 NW Shafer Dr. Monticello IN 47960 | |
Updated | December 14th, 2016 |
Type | Retail |
Price | $285,000 |
Building | 7,500 Sq. Ft. |
Land | 1 acres |
Property Description
Restaurant & Bar for sale. Sale includes the Jimmy O's building, restaurant, bar, lounge, outdoor patio area, kitchen equipment, liquor license, and all other items associated with the business. This is a turn key operation the day you take ownership. Jimmy O's is one of the only establishments within a 2 mile radius of this location. Easily found right on NW Shafer Dr. which is just around the corner from the Lowes Bridge which accesses communities on both sides of the lake. 7500 SF building on an acre lot. Large wrap around bar area, 2 pool tables, multiple TV's and 10' projector screen, DJ booth, Dance floor, and full band light system. Restaurant is separated by a double sided fireplace for a relaxing evening with friends and family for Dinner. The spacious outside patio area has plenty of seating and includes a full stage for your weekend band crowds. Outdoor volleyball court for your weekday leagues, or your weekend pick up games. Full kitchen includes multiple coolers, freezers, grill, range, and pizza oven. Separate apartment suite can be utilized for business purposes, rented out to a business, or remodeled to a business use to generate income.
Location Description:
Located near Lake Shafer at the corner of NW Shafer Dr. and the Lowes Bridge Rd. Easy access to both sides of Lake Shafer neighborhoods and communities.
Highlights:
>> Operational Restaurant and Bar for sale
>> Sale Includes the building and all other items associated with the business.
>> Turn Key operation
>> One of the only establishments within a 2 mile radius
>> Located just around the corner from Lake Shafer
>> 7500 square foot building
>> Two pool tables and 10' projector TV
>> DJ Booth, dance floor, and stage lighting
>> Sit down restaurant area
>> Lounge/Bar area
>> Outside raised stage for bands
>> Volleyball court
>> Full professional grade kitchen
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Financials
Sales Info:
>> Commision split: 3.0%