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1616 W Third Street

Bloomington, IN 47404
  • $1,100
  • STATUS: Active
  • ON SITE: 31 Days
  • MLS #: 202403133
UPDATED: 34 min ago
$1,100
  • 0
    BEDS
  • 0.52
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,200
    SQFT
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Listing provided by Lorraine Fowler of RE/MAX Acclaimed Properties: Cell: 812-320-5553.

Description

Take over the LEASE and have the opportunity to own a Business (established Roly Poly) in Westplex! (Subject to lease terms established by landlord and the terms of the Roly Poly franchise.) Sublet (owner) would have to take over the lease agreement for this location as well as the second location at Ivy Tech. (See MLS# 535401) By taking over the two lease agreements, this is a rare opportunity for those that would like to own TWO restaurants with a small amount of capital! Roly Poly specializes in rolled sandwiches, soups, and salads as well as catering services throughout the Bloomington area. Both locations are on the west side of Bloomington and offer a unique opportunity for an operator that is looking for low overhead costs relative to most other restaurant franchises. Per franchise rules, there's an additional $7500 fee PER location ($15,000 total) for training and transitioning to be added to the price of the sale. Lease take over of both locations with the cost of both businesses would be a total expense of $190,000.

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© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2024-03-03T22:28:35.73.

www.movingwithteammelton.com/homes/147143144
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1616 W Third Street Bloomington, IN 47404

  • Price: $1,100
  • Status: Active
  • On Site: 31 Days
  • Updated: 34 min ago
  • MLS #: 202403133
0
Beds
1
Baths
0
½ Baths
0.52
Acres
1,200
SQFT
$1
$/SQFT
1977
Built
Neighborhood:
Southwest Bloomington City
County:
Monroe
Area:
Monroe
Property Description
Take over the LEASE and have the opportunity to own a Business (established Roly Poly) in Westplex! (Subject to lease terms established by landlord and the terms of the Roly Poly franchise.) Sublet (owner) would have to take over the lease agreement for this location as well as the second location at Ivy Tech. (See MLS# 535401) By taking over the two lease agreements, this is a rare opportunity for those that would like to own TWO restaurants with a small amount of capital! Roly Poly specializes in rolled sandwiches, soups, and salads as well as catering services throughout the Bloomington area. Both locations are on the west side of Bloomington and offer a unique opportunity for an operator that is looking for low overhead costs relative to most other restaurant franchises. Per franchise rules, there's an additional $7500 fee PER location ($15,000 total) for training and transitioning to be added to the price of the sale. Lease take over of both locations with the cost of both businesses would be a total expense of $190,000.
Exterior Features

Construction Type1 other Exterior Other Fire Doors YN No Parking Lot Parking Type Parking lot Parking2 Yes Roof Material Asphalt

Interior Features

Basement YN No Bldg1 Below Grd Sqft 0 Bldg1 Fin Office Sqft 0 Ceiling Height 15 Column Spacing 15 Cooling Central Air Flooring Mixed Heating Fuel Forced Air Interior Walls Drywall

Property Features

Annual Taxes 0 Basement Foundation Other Burglar Alarm YN No Currently Leased YN Yes Enterprise Zone No Equipment YN Yes Fire Protection City Gross Monthly Expenses 3658 Ingress Egress Other Lease Includes FurnitureOther Lease Term 1 Year Lease Term Remaining 1 year Lease Type Other New Construction No Owner Re License YN No Planned Unit Dev YN No Platted YN Yes Property For Sale YN No Property Subtype Restaurant/Bar Proposed Financing CashOther Road Access City Sale Rent Auction For Rent Security Light YN No Sewer City Signs YN No Smoke Fire Alarm YN No Special Features Refrigeration/Freezer Sprinkler System YN No Water Heater YN Yes Water Softener YN No Water Utility City Waterfront YN No Year Taxes Payable 2024

Listing provided by Lorraine Fowler of RE/MAX Acclaimed Properties: Cell: 812-320-5553.

© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty.


© 2024 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Team Melton | ERA First Advantage Realty. Data last updated: 2024-03-03T22:28:35.73.

 
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Team Melton | ERA First Advantage Realty
8711 W Highway 66
Newburgh IN, 47630
Listing provided by Lorraine Fowler of RE/MAX Acclaimed Properties: Cell: 812-320-5553.