241 North Liberty Street Listing Details & Market Data

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).