526 S Main St 526 S Main St

Two- 2 BR/1bath apartments and One 1BR/1bath apartment upstairs. All units were remodeled in 2014 and offer refrigerator, dishwasher, stove and washer/dryer combo. Each unit has a rooftop HVAC system and are metered individually for gas/electric. Water/sewer is provided by one city water meter for all of the parcels at this address. Total monthly apartment lease income-$3400. The extra- large commercial kitchen is tied to the main restaurant space. It features a Walk -in cooler (new in 2022) and walk in freezer. A second walk in cooler is located in the finished lower level which doubles as The Comedy Club /Banquet room. Kitchen features two separate kitchen lines under two hood systems and features over 24 foot of cooking space. The kitchen meets and exceeds current Elkhart County health codes. Total electrical and plumbing update in 2008. A banquet room, with service bar in the lower level doubles as a Comedy Club with a stage. Private patio seating area includes a small stage, in addition to a second overflow seating area on the main floor with its own separate bar and entrance. This operation is managed under a Downtown Elkhart Economic Development Liquor license for alcohol, beer, wine with no carry out alcohol. The bar/restaurant has 165 capacity and all furniture/bar equipment and appliances included. A live music stage is built out for local as well as nationally touring bands. This feature has been used for a variety of performances and even additional seating. The stage was leased by the Elkhart Jazz Festival, it has hosted comedian Ron White and many Lerner Theater musicians after the advertised theater show.