518 Lincolnway Active Save Request In-Person Tour Request Virtual Tour
La Porte,IN 46350
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 5,800 sqft
Price per Sqft $86
MLS Listing ID 819484
Year Built 1900
Annual Tax Amount $2,329
Tax Year 2023
Lot Size 2,299 Sqft
Acres 0.0528
Property Sub-Type Mixed Use
Property Description
Mixed use building with 54-seat restaurant offers a rare opportunity to own a well-equipped space in downtown La Porte, a city recently ranked the 2nd Best Small City in America by USA Today for 2025. This recognition underscores La Porte's vibrant community, historic charm, and growing economic momentum. Originally built in 1900, the property blends historic charm with modern functionality, making it ideal for an owner-operator or investor looking to step into an established setting. The restaurant is fully equipped with a bar and TVs, a 23-tap system (beer, wine, and nitro beer), and a commercial kitchen that includes a hood and Ansul system. The basement features two large walk-in coolers (7.5'x14' for beer and 7.5'x20' for food storage), along with a grease trap integrated into the kitchen floor. New operator will need to obtain liquor license. Security and fire monitoring systems are already in place. The main floor spans 2,200 square feet, with an additional 2,000 square feet in the basement, offering ample storage and prep space. The restaurant has two single-use restrooms and a kitchen outfitted with two split A/C units for climate control. Major system updates include new plumbing and water lines in 2019, a new 200-amp electrical panel in 2018, and a water heater installed in 2019. Upstairs is a 1,200-square-foot, 2-bedroom, 1-bath apartment provides additional income potential and is currently operating as an Airbnb. The unit was updated in 2019 with new appliances, hot water heater, A/C, and furnace. Includes a washer and dryer.
Location
State IN
County La Porte
Interior
Heating Forced Air
Fireplace N
Exterior
Exterior Feature None
View Y/N true
View true
Others
Tax ID 460635441003000043
Acceptable Financing NRA20250327193422636836000000
Listing Terms NRA20250327193422636836000000