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$ 199,000
Est. payment /mo
Price Dropped by $11K
202 S Main Street Cloverdale, IN 46120
6,534 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202426971
Year Built 1920
Annual Tax Amount $1,727
Tax Year 2023
Lot Size 6,534 Sqft
Property Sub-Type Retail
Property Description
BACK ON MARKET - NO FAULT OF SELLER A TURN-KEY coffee shop with some history behind it. In 1920, a Sinclair gas station was built at 202 S. Main Street in Cloverdale. In the 1970's Texaco bought the Sinclair station and it remained in business through the 1980's. The building became many things after the gas tanks were removed (a car lot, offices for realtors and lawyers and storage for a local company). In 2022 transformation began for it to become a coffee shop. The office walls were taken down, ceilings returned to their original height and the building gutted. The electric service had already been upgraded by a previous owner, but a line was added to the existing panel for a hood vent and stove in the kitchen. A plumbing drain was added to the existing system in order to place a stainless steel 3-bay sink in the kitchen and water lines were added to the existing service for the sink, the espresso machine, and barista sink. The two existing bathrooms were remodeled to become ADA compliant. There is new insulation and drywall throughout, a beautiful ceiling fan in the center of the building helps circulate the heat and air conditioning. Upgraded lights create a cozy farmhouse feel and new Exit lights with battery back up power have been added above each of the self- closing doors. A top of the line espresso machine, coffee grinders and coffee brewers line the new counters in the barista area. An under counter cooler is placed for convenient drink preparation, ice maker, and an insta-hot water heater make the barista area well equipped for the daily operations. There is a hood vent hung in the kitchen and dual controls are wired into the kitchen. There is a forced exhaust unit for the hood in storage for the next owner to finish making the kitchen fully functioning. Heat reduction pipe is required to finish this install and would need to be done by the new owner and inspected per the building permit. New furnace was put in October 2019 and new A/C Unit in June 2020. All equipment, supplies, and furniture are being sold with the building and the building is being sold AS-IS.
Location
State IN
County Putnam County
Area Putnam County
Direction From I-70 Cloverdale Exit 41 take a left and onto US 231. Location is on the right hand sign past the Town Hall building.
Interior
Flooring Concrete, Laminate
Appliance Building, Business, Furniture, Inventory
Exterior
Roof Type Shingle
Building
Story 1
New Construction No
Others
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202426971
IDX information provided by the Indiana Regional MLS
Listed by Bill Pursell • Area Realty Key Associates • Offc: 812-829-2487