La Porte, IN 46350 518 Lincolnway

518 Lincolnway La Porte, IN - Image 1518 Lincolnway La Porte, IN - Image 2518 Lincolnway La Porte, IN - Image 3
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Presented By: Antje Gehrken with A.R.E. Partners Inc. - (219) 392-9700;
  • MLS# 819484
  • 04/22/2025
  • Get pre-approved
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  • SQFT • 5,800

Home Details

Mixed use building with 54-seat restaurant offers a rare opportunity to own a well-equipped space in downtown La Porte, a city recently ranked the 2nd Best Small City in America by USA Today for 2025. This recognition underscores La Porte's vibrant community, historic charm, and growing economic momentum. Originally built in 1900, the property blends historic charm with modern functionality, making it ideal for an owner-operator or investor looking to step into an established setting. The restaurant is fully equipped with a bar and TVs, a 23-tap system (beer, wine, and nitro beer), and a commercial kitchen that includes a hood and Ansul system. The basement features two large walk-in coolers (7.5'x14' for beer and 7.5'x20' for food storage), along with a grease trap integrated into the kitchen floor. New operator will need to obtain liquor license. Security and fire monitoring systems are already in place. The main floor spans 2,200 square feet, with an additional 2,000 square feet in the basement, offering ample storage and prep space. The restaurant has two single-use restrooms and a kitchen outfitted with two split A/C units for climate control. Major system updates include new plumbing and water lines in 2019, a new 200-amp electrical panel in 2018, and a water heater installed in 2019. Upstairs is a 1,200-square-foot, 2-bedroom, 1-bath apartment provides additional income potential and is currently operating as an Airbnb. The unit was updated in 2019 with new appliances, hot water heater, A/C, and furnace. Includes a washer and dryer.
Presented By: Antje Gehrken with A.R.E. Partners Inc. - (219) 392-9700;

Interior Features for 518 Lincolnway

Other Interior Features

Laundry FeaturesUpper Level

General for 518 Lincolnway

Adult Family HomesNone
Building FeaturesMixed Use
CityLa Porte
CountyLa Porte
DirectionsUS-35 to Lincolnway in La Porte, east to property.
Electric200+ Amp Service
HeatingForced Air
Legal Description05-06-35-441-003 O S E 19 1/2 FT LT 157
Listing TermsCash, Conventional
Lot Size Square Feet2300
OwnerPaysAll Utilities
Property SubtypeMixed Use
Property TypeCommercial Sale
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount2329
Tax Year2023
TownshipCenter
UtilitiesCable Available, Water Connected, Sewer Connected, Natural Gas Connected, Electricity Connected
ViewCity
Year Built1900

Exterior for 518 Lincolnway

Exterior AmenitiesNone
Lot Size Acres0.0528
Lot Size SourcePublic Records
Parking FeaturesOn Street
Total Parking0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Mario Zarantenello

Broker
Price $500,000
MLS#819484
List Date 04/22/2025
Property Type Commercial
Phone
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