241 North Liberty Street

241 North Liberty Street, Lowell, IN 46356

  • For Sale $495,000
  • Property Type Retail - Freestanding
  • Property Size 4,650 SF
  • Lot Size 0.88 Acre
  • Additional Rent Contact for pricing
  • Year Built 1970
  • Date Updated Jun 10, 2024
Located in the quaint Town of Lowell Indiana, the property is located on the westside of Liberty Avenue, 1 ½ miles east of U.S. 41 and 7 ½ miles west of I-65. Less than an hour southeast of the Chicago loop via I-65 or I-394. This site is less than 2.5 miles south of the proposed Illiana Expressway extension to connect I-57 to I-65. 2 hours north of Indianapolis. Lowell is closer to Chicago than Valparaiso or Michigan City. One block from the soon to be renamed William R. Nassau Park which will feature an outdoor amphitheater for hosting music and theater venues, a community building for hosting public or private events, new restrooms, a splash pad, playground and outdoor shelter.Own Your own Restaurant! Turnkey Ready! The 4,650 +/- SF building was originally home to the Lowell Water Company. Original water tanks and pipes are used in the construction of the bar and stools which add to the historical ambiance of the building. Included in sale of building is all furniture, fixtures, commercial kitchen appliances, dishes, utensils, and all other equipment and furnishings contained within the building used or intended to be used in the operation of a restaurant. Kitchen, prep area, dining area, bar area with old water tanks. One original water tank has been turned into a cooler for keg taps. Large exterior deck area suitable for outdoor dining. See attached Furniture, Fixtures & Equipment List. Also included is a 3-way liquor license. Property is made up of 3 parcels. 2023 pay 2024 taxes $8,330.12 ($1.79/SF).

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Attachments

Contacts

broker

David Lasser, SIOR/CCIM

Commercial In-Sites

Location

Getting Around

  • Walk Score ®

    49/100 Car-Dependent
  • Bike Score ®

    40/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Lowell, IN
  • Zip Code 46356
  • Market Chicago

Points of Interest

  • Family Express

    0.26 miles

  • Mobil

    0.88 miles

  • Speedway

    1.30 miles

  • Luke

    5.85 miles

  • Citgo

    5.88 miles

  • Casey's General Store

    6.12 miles

  • Pilot

    6.83 miles

  • Teacher’s Lot

    1.75 miles

  • School Bus Parking

    7.66 miles

  • Mi Ranchito

    0.20 miles

  • Athen's Grill

    0.27 miles

  • McVey's Restaurant

    0.30 miles

  • Faustino's Pizza

    0.43 miles

  • Loven Oven

    0.70 miles

  • Burger King

    1.22 miles

  • My Little Ranch

    1.24 miles

  • KFC

    1.32 miles

  • McDonald's

    1.35 miles

  • Subway

    1.39 miles

  • ALDI

    1.46 miles

  • Strack & Van Til

    1.76 miles

Frequently Asked Questions

How much does 241 North Liberty Street cost?

The space currently listed for sale at 241 North Liberty Street asks for $495,000.

What is the total square footage of 241 North Liberty Street?

241 North Liberty Street totals 4,650 square feet.

When was this property built?

241 North Liberty Street was built in 1970.

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Contact Listing Broker

broker

David Lasser, SIOR/CCIM

Commercial In-Sites