• Adams Lake Pub - 5365 E 620 S, Wolcottville, IN 46795

For Sale

Retail

For Sale

This property is available for sale
1.39
Acres
$985,000
Sale Price
  • Year Built
    2004
  • Total Building Size
    6,720 RSF
  • Overview

    Adams Lake Pub Restaurant is a freestanding turn-key waterfront restaurant with 63’ of lake frontage on Adams Lake in LaGrange County, Indiana. Densely populated with lake cottages, seasonal homes, and recreational enthusiasts, Adams Lake offers boaters, jet skiers, campers, and weekenders a fun, safe environment to enjoy the outdoors. Only varying by 6 inches any given day, the lake depth is roughly 92 feet allowing almost all major water vehicles to enjoy its waters. According to Zillow, current available residential real estate ranges anywhere from $100,000 -$300,000. Public and private boat docks are available at numerous locations around the 308-acre lake. •The property is located North of Wolcottville on Adams Lake between SR 3 and SR 9. •Within 10-mile radius of the following lakes: Atwood, Barr, Big Long, Big Turkey, Blackman, Cree, Dallas, Eve, Hackenburg, Lake of Woods, Latta, Little Turkey, Martin, McClish, Messick, Moore, Nauvoo, Olin, Oliver, Pretty, Spectacle, Spring, Steinbarger, Sylvan, Tamarack, Taylor, Waldron, West, Westlerand Witmer. •Nearby towns include Elmira, Fairfield Center, Helmer, Mt. Pisgah, Rome City, Salem Center, South Milford, Stroh, Valentine, Wayne Center and Woodruff. PRICE REDUCED! This real estate is priced to sell! There are two floors of dining with bars on both levels. Constructed in 2004 and renovated in 2009, the property is in excellent condition. This highly rated lake area restaurant offers ideal location, high volumes of clientele, and a turn-key operation with all fixtures in place including full-service liquor, ample storage and high-end kitchen equipment adequate for any professional chef. All inventory is available for an ongoing operation. Building repairs, improvements and equipment updates for 2019 included: beer cooler, walk-in coolers, electronic boards for convention ovens, prep table with cooling condenser system, hood vent system, steamer unit, sprinkler system, elevator, landscaping, decking, heating units, and additional outdoor lighting. In addition to the real estate, the Adams Lake Pub restaurant business is also available for sale for $325,000. Described as “magical” by a Journal Gazette food critic, the restaurant is rated by Trip Advisor and the Fort Wayne Journal Gazette as the #1 Restaurant at Adams Lake. Adams Lake Pub is one of the few places patrons can enjoy fine dining al fresco with a dazzling lake view. The restaurant is open 20-24 hours per week with unrestricted views of Ski Lake and Adams Lake. All licenses and state inspections are renewed and up-to-date. To access business financials, please click on the Documents tab at the top, then download, complete and return the Confidentiality Agreement for a complete Offering Memorandum with financials.

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Property Details

Adams Lake Pub Restaurant is a freestanding turn-key waterfront restaurant with 63’ of lake frontage on Adams Lake in LaGrange County, Indiana. Densely populated with lake cottages, seasonal homes, and recreational enthusiasts, Adams Lake offers boaters, jet skiers, campers, and weekenders a fun, safe environment to enjoy the outdoors. Only varying by 6 inches any given day, the lake depth is roughly 92 feet allowing almost all major water vehicles to enjoy its waters. According to Zillow, current available residential real estate ranges anywhere from $100,000 -$300,000. Public and private boat docks are available at numerous locations around the 308-acre lake. •The property is located North of Wolcottville on Adams Lake between SR 3 and SR 9. •Within 10-mile radius of the following lakes: Atwood, Barr, Big Long, Big Turkey, Blackman, Cree, Dallas, Eve, Hackenburg, Lake of Woods, Latta, Little Turkey, Martin, McClish, Messick, Moore, Nauvoo, Olin, Oliver, Pretty, Spectacle, Spring, Steinbarger, Sylvan, Tamarack, Taylor, Waldron, West, Westlerand Witmer. •Nearby towns include Elmira, Fairfield Center, Helmer, Mt. Pisgah, Rome City, Salem Center, South Milford, Stroh, Valentine, Wayne Center and Woodruff. PRICE REDUCED! This real estate is priced to sell! There are two floors of dining with bars on both levels. Constructed in 2004 and renovated in 2009, the property is in excellent condition. This highly rated lake area restaurant offers ideal location, high volumes of clientele, and a turn-key operation with all fixtures in place including full-service liquor, ample storage and high-end kitchen equipment adequate for any professional chef. All inventory is available for an ongoing operation. Building repairs, improvements and equipment updates for 2019 included: beer cooler, walk-in coolers, electronic boards for convention ovens, prep table with cooling condenser system, hood vent system, steamer unit, sprinkler system, elevator, landscaping, decking, heating units, and additional outdoor lighting. In addition to the real estate, the Adams Lake Pub restaurant business is also available for sale for $325,000. Described as “magical” by a Journal Gazette food critic, the restaurant is rated by Trip Advisor and the Fort Wayne Journal Gazette as the #1 Restaurant at Adams Lake. Adams Lake Pub is one of the few places patrons can enjoy fine dining al fresco with a dazzling lake view. The restaurant is open 20-24 hours per week with unrestricted views of Ski Lake and Adams Lake. All licenses and state inspections are renewed and up-to-date. To access business financials, please click on the Documents tab at the top, then download, complete and return the Confidentiality Agreement for a complete Offering Memorandum with financials.

  • Property Type
    Retail
  • Submarket
  • Year Built
    2004
  • Sale Price
    $985,000
  • Total Building Size
    6,720RSF
  • Total Acres
    1.39
  • Number of Floors
    2
  • Number of Buildings
    1
  • Zoning
    L-1
  • Sale Status
    Available
  • Last updated
    Oct 01, 2021
  • Property ID
    1281722

Landlord's Sales Representative

  • Sonya Bondarenko