INCOME PRODUCING PROPERTY WITH MULTIPLE REVENUE STREAMS!

LAKEFRONT REAL ESTATE INCLUDING RESTAURANT, CAMPGROUND, & LAKE HOMES! 

·         Turn-Key Business

·         Fully Staffed, Over 60 Employees

·         Highly Profitable

·         Multiple Revenue Streams

·         Lake Front Real Estate

Monday, October 10, 2022 at 6 pm
3687 N. Barbee Rd., Warsaw, IN 46582
Open House: Monday, September 26th 6-7pm

Bid Live In-Person or Online!
Bid on each tract individually, in combination, or on the entirety for more income producing properties! 

TRACT 1: Great Location on Little Barbee Lake with 244 feet of Water Frontage including 18 pier spaces & over 120 parking spaces! The Turn-key Restaurant & Bar has been Completely Renovated and can seat 421 which includes family dining, downstairs bar room, rooftop deck, & outdoor patio seating! There are 3 Walk-In Coolers & 3 Full-Service Bars. Don't miss this opportunity to own & operate a local landmark in Warsaw, IN! Bid Live In-Person or Online! Bid on this tract individually, in combination, or the entirety for more income producing properties including Campground & Lake Home! Open House: Monday, September 26th 6-7pm

TRACT 2: Lake Home with 2-Car Attached Garage & 3-Car Detached! This home features 4 Bedrooms, 4 Baths with Lake Views from 3 sides! Comes with 2 Deeded Pier Spaces! Lots of updates including New Roof, Siding, Gutters, Fence, Deck, Garage Doors, Paint, Lighting, & Carpeting just to name a few! There is currently an 18-month Lease for the 1st & 2nd Floor expiring in Feb. 2024. Tenants have use of the detached garage! Basement has been converted to a Commercial Kitchen for the Restaurant next door! It has a Lease in Perpetuity. Great Income Producing Property! Open House: Monday, September 26th 6-7pm

TRACT 3: Lakefront Campground & Duplex on Little Barbee Lake! Duplex is 1800 sf with 2 Bedrooms & 1 Bath in each unit! Campground has 14 rented spaces for RVs or mobile homes! Property includes 15 pier spaces & boat launch into the channel! Potential to add more mobile homes or duplexes! New Water Lines on the property. Great Income Producing Property! Open House: Monday, September 26th 6-7pm

Schedule Your Private Showing Today! Call Auction Manager Tim Pitts 317.714.0432 or the Office at 260.982.0238

TERMS: 10% down the day of the auction. Possession at closing. Taxes prorated. No Survey unless required for clear title. 

RE BROKERS: Must Register Clients 24 hrs. in advance of the auction & be present with them at any & all showing they attend including the auction to receive compensation. Client Registration form is in docs. Seller has the right to accept bids prior to auction.