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Listed by Kraft Real Estate Auctions LLC
$275,000
Est. payment /mo
3 Baths
0.47 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Restaurant
Listing Status Pending
Purchase Type For Sale
MLS Listing ID IRM202630932
HOA Y/N No
Year Built 1970
Annual Tax Amount $2,772
Tax Year 2025
Lot Size 0.470 Acres
Acres 0.47
Property Sub-Type Restaurant
Property Description
PUBLISHED MINIMUM BID AUCTION. ONLINE BIDDING NOW OPEN! Here is your opportunity to purchase one of the most established restaurants in downtown Syracuse. With a strong history of 75+ years, this drive-in restaurant has been recently remodeled and is being sold turnkey. Built in 1954, this 4500+ square foot building features a covered outdoor dining area, indoor dining area, fully remodeled kitchen with brand new kitchen equipment, office area, public bathroom, and on the second floor a full living quarters with 3 bedrooms and 1 bath. The upstairs apartment can be rented separately for additional rental income. Property has ample amount of additional storage on the main level and second level of the property. With the additional space on the main level, the space could be split to create additional offices for additional rental income. This 0.47-acre commercial lot has over 120 feet of frontage on IN-13. Don't miss this opportunity to bid and buy a great business in the heart of Syracuse Indiana and only blocks from Lake Wawasee. Taxes 2024 Pay 2025: 2,772.16 (taxed at 1% and 3% rates).
Location
State IN
County Kosciusko County
Rooms
Basement Slab
Interior
Heating Gas, Forced Air
Inclusions Building, Land
Fireplace N
Exterior
Parking Features Asphalt, Paved, Private
View Y/N true
Building
Sewer Public Sewer
Water Public
New Construction No
Others
Pets Allowed No
Tax ID 43-04-08-400-454.000-026
Acceptable Financing IRM202630932
Listing Terms IRM202630932
Special Listing Condition None
Virtual Tour https://listings.nextdoorphotos.com/vd/257353441
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IDX information provided by the Indiana Regional MLS. © 2026 Listings courtesy of Indiana Regional MLS as distributed by MLS GRID. All Rights Reserved.
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