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5 Cumberland Dr
Washington, IN 47501

Former Ponderosa · Specialty Property For Sale · 12,084 SF

PROPERTY FACTS

Property Type Specialty
Property Subtype
Lodge/Meeting Hall
  • Specialty Religious Facility
Lot Size 2.00 AC
Building Size 12,084 SF
No. Stories 1
Year Built 1998
Parking Ratio 10/1,000 SF

ABOUT 5 CUMBERLAND DR , WASHINGTON, IN 47501

Former "world's largest" Ponderosa Restaurant in an excellent location fronting On US Hwy 50 and immediately east of the signalized intersection with IN Hwy 57. Next-door to the Baymont Inn and adjacent to a new Hampton Inn by Hilton which is under construction. Situated on a two acre site with a huge 165 car asphalt parking lot. Presently all restaurant equipment and furnishings remain on site (negotiable) making this an easy turnkey deal for another restaurant or event center. Building is mostly wide open space excepting the approximately 2,500 SF utilized by the commercial kitchen and the space could be easily demised for a multi-tenant setup. Property is also For Lease at $6,000 per month NNN and Landlord is willing to divide (negotiable)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
14-13-03-304-002.000-016
Land Assessment
$175,000
Improvements Assessment
$178,900
Total Assessment
$353,900

ZONING

Zoning Code Commercial
Commercial
  • Listing ID: 19245098

  • Date on Market: 4/16/2020

  • Last Updated:

  • Address: 5 Cumberland Dr, Washington, IN 47501

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