Properties

1616 W Third Street, Bloomington, Indiana 47403 MLS 202403133

0.52 acre - 1616 W Third Street, Bloomington, Indiana 47404

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Property Description

Take over the LEASE and have the opportunity to own a Business (established Roly Poly) in Westplex! (Subject to lease terms established by landlord and the terms of the Roly Poly franchise.) Sublet (owner) would have to take over the lease agreement for this location as well as the second location at Ivy Tech. (See MLS# 535401) By taking over the two lease agreements, this is a rare opportunity for those that would like to own TWO restaurants with a small amount of capital! Roly Poly specializes in rolled sandwiches, soups, and salads as well as catering services throughout the Bloomington area. Both locations are on the west side of Bloomington and offer a unique opportunity for an operator that is looking for low overhead costs relative to most other restaurant franchises. Per franchise rules, there’s an additional $7500 fee PER location ($15,000 total) for training and transitioning to be added to the price of the sale. Lease take over of both locations with the cost of both businesses would be a total expense of $190,000.

Basic Details
Property Type : Commercial for lease
Listing Type : For Rent
Listing ID : 202403133
Price : $1,100
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Year Built : 1977
Lot Area (ACRES) : 0.52
Total Finished SqFt : 0
Address Map
Country : US
State : IN
City : Bloomington
Area : Monroe County
Subdivision : Southwest Bloomington City
Zipcode : 47404
Street : Third
Street Number : 1616
Floor Number : 0
Longitude : E0° 0' 0''
Latitude : N0° 0' 0''
Additional Details
Property SubType : Restaurant/bar
List Agent : 10520
Listing Office 1 : 3214
Status : Active
Waterfront Y/N : No
New Construction : No
Lot Dimensions : Irregular
Main Level SqFt : 0
Approx. Lot Size SqFt : 22,651
Annual Taxes : $0
Association Dues $ : $0
Other Fees $ : $0
Basement Y/N : No
Age : 47

Listing provided courtesy of: RE/MAX Acclaimed Properties, Lorraine Fowler.

Commercial for lease For Rent
  • Listing ID : 202403133
  • Bedrooms : 0
  • Bathrooms : 0
  • Lot Area (ACRES) : 0.52 acre
  • Visits : 0 in 87 days
$1,100
Agent info
Keith Realty & Auction Group
2411 River Road, Spencer, IN 47460
Contact Agent

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