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503 W Main Street Butler, IN 46721

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Property Description
Great Investment Opportunity with multiple diverse income sources. The property is 1.43 acres that is commercially zoned and includes a 48'x58', 2,784 sq. ft. retail/restaurant building. Half of the building currently has a well established very successful Nationally Branded Sandwich Business which has been in business for 28 years. The franchise is part of the sale contingent upon approval. The vacant half of the building is ready for remodeling to hold a retail shop, coffee shop or many other uses. Also located on the property is a very well maintained 14'x66' manufactured home and 15'x22' garage that has a good rental history. The property is located on a major highway in a very high traffic area with retail businesses all around it. There is much of the 1.43 acre corner lot that is currently unused lawn area that could be further developed for additional buildings, etc. Address is 503, 503 1/2 & 505 W. Main St., Butler (There are 3 separate addresses at this parcel).
Address:503 W Main Street Butler IN 46721
on site: 68 days
Year Built:1920
Lot Size:1.43
County: Dekalb County
Township: Wilmington
MLS #:202139682
Property Type:Restaurant/Bar

Lot Dimensions:1.43 acre
Directions:US 6 to Butler. Property on north side of US 6.
Loan Price
Price And Interest $1,821/month
Property Tax $663/month
MTG INS $0/month
HOME INS $145/month
Down Payment %
0 %
Down Payment
Property Taxes
Home Owner Insurance
$1,740 / year
HOA Dues
$0 / Month
Interest Rate
4.75 %
Mortgage Ins.
$0 / year
Tucker Customer Care
Tucker Mortgage
Office +317-472-9201
Courtesy of Tucker Mortgage
3rd Bedroom 2 x 1 Info Not Available
4th Bedroom 1 x 1 Info Not Available
Den 3 x 2784 Info Not Available
Annual Property Tax:$3,979
Tax Year:20/21
Subdivision: None
Zip Code:46721
Tucker Customer Care, REALTOR®/Broker, F. C. Tucker Company, Inc.
Tucker Customer Care
Additional Phone (317) 954-4768
F.C. Tucker Fort Wayne REALTORS®
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503 W MainStreetW Butler, IN 46721

280 Grandstaff Drive

3.96 Lot Size


503 W MainStreetW Butler, IN 46721

104 Peters Street

0.58 Lot Size


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Listing provided courtesy of Wible Realty.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program. Real estate listings held by IDX Brokerage firms other than F.C. Tucker Company, Inc. include the name of the listing IDX broker. This information is provided exclusively for personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The broker providing this data believes it to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. Information deemed reliable but is not guaranteed.