Banquet Center / Restaurant

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1 Banquet Center / Restaurant Completely Renovated FOR SALE 5660 W. SR 46 Bloomington, IN $850,000 including land, building, and too much valuable equipment to itemize! 11,927 SF on 2.14 acres with 89 parking stalls Main Level: 6,099 SF, including 3,103 SF banquet hall and 1,413 SF commercial kitchen Lower Level: 5,828 SF, with 11 ceilings (sprinkled and approved for 1,732 SF banquet hall) 20 x 38 (760 SF) patio accessed through five sets of double doors Permitted occupancy of up to 300; main dining hall comfortably seats 200 INCLUDES EQUIPMENT AND FURNITURE! Excellent access and visibility from SR 46 DAVE HARSTAD Managing Broker, Bloomington Office mobile dave.harstad@colliers.com colliers.com/indianapolis

2 Location PROPERTY Demographics Population 2017 Population Projected 2022 AVG Household Income 2017 Total Households 2017 Households Projected ,898 14,622 35,616 4,068 15,181 36,843 $67,138 $70,247 $ ,508 5,803 15,022 1,577 6,027 15, MILES TO BLOOMINGTON COURTHOUSE SQUARE 12 MINUTE DRIVE

3 Site Plan Building Specs UTILITIES Total SF 11,927 SF (6,099 SF upper, 5,828 SF lower) Sewer/Water Ellettsville Utilities Size / Acreage Total: 2.14 Acres Gas Vectren Zoning C-3 (Ellettsville) Electric Duke (multiple panels) Parking 89 auto spaces Telephone Smithville (for security/fire monitoring) Interior ceiling height Upper: 10 Lower: 11 Trash Republic Fire Protection Upper: dry system Lower: wet system Internet Comcast Security Protection Monitored security system with 12 cameras Permitted Occupancy 300 Construction Wood truss with wood siding ADA compliant Yes KITCHEN FIXTURES Hoods Four 136 x 54 Accurex exhaust hoods - 2 type 1 (for grease and smoke) - 2 type 2 (heat but no grease or smoke) Roof Dimensional shingle (2013) Renovation Completely remodeled in 2013 Walk-in freezer Walk-in cooler Yes Yes Parking Lot Spring 2018: seal coated, striped and repaired Grease Interceptor Water Heater Big Dipper (Model W-200-IS) Rennai Tankless

4 Main Level Plan Kitchen Office Banquet Hall Restrooms State of the art 1,413 SF commercial kitchen, plus restroom and mop area 201 SF office, including security camera monitors, and building thermostats 3,103 SF area with seating for over 200 (Includes AV equipment) ADA men s and women s three stool, two sink restrooms with nice finishes Equipment Lift Deck Ingress Hoods, walk-ins, stoves, sinks, prep areas & utensils all included! Conveniently located lift to/from lower level by center north door 20 x 48 with composite decking, rail, and landscaping Main entrance with airlock (east) plus three additional doors (north)

5 Lower Level Plan 11 Ceilings Very high ceilings permit a wide variety of uses beyond storage Sprinklers The lower level is fully sprinkled and is the location of the riser room Unfinished The entire lower level is framed and ready for finishing Electric The electrical closet includes multiple panels Ingress Two 6 wide stairwells (one currently blocked but could be easily restored) Drains There are some floor drains Banquet Expansion? The east 1,732 SF is set up to be finished for a second banquet area. The stairwell provides convenient access to the main entrance and restrooms upstairs

6 Public Areas Clockwise from top 3,103 SF main banquet hall with seating for up to 200 // spacious fenced and landscaped patio// Double entry door with airlock// 3 stall men s and women s bathrooms// Sale includes tables, chairs, and table settings colliers.com Width: 2.77 Property or Local /Interest Photo

7 Kitchen Clockwise from top 1,413 SF area// Two type 1 and two type 2 hoods// Separate and well designed dish cleaning area// Convenient, but separate, sanitation area// colliers.com

8 Personal Property Included: Hood vents, stoves, grills, prep tables, racks Walk-in cooler/freezer, refrigeration, ice maker Furniture, tables and chairs Décor including vases, candle holders, boxes, baskets, and supplies Glassware, drinkware, plates, bowls, servingware, flatware Kitchen utensils, cutlery, small wares, pots and pans, bakeware Clockwise from top Basement provides large storage area for catering supplies// Lift allows easy movement of equipment between levels// Table and chair storage// Security system, including cameras// Too much kitchen equipment to itemize Cleaning supplies, maintenance equipment Security system including cameras and video monitoring, audio/visual equipment in banquet hall Office equipment and furnishings DAVE HARSTAD Managing Broker, Bloomington Office mobile dave.harstad@colliers.com colliers.com/indianapolis

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