Property Description

The Sweet Spot on Lafayette: A rare opportunity to purchase a long-established Terre Haute commercial property with 26 years of history behind it & tremendous possibilities ahead. Built in 2000 & owned by the same owner since its beginning, this property has been home to Ritterâ??s Frozen Custard for more than two decades. After 26 successful years in business, the owner is ready to retire and open the door for the next entrepreneur to continue the Ritterâ??s tradition or bring an entirely new vision to this highly visible commercial location. The sale includes the real estate, business equipment, fixtures, furniture and inventory, creating an exceptional opportunity for a buyer looking for a well-established, ready-to-operate location. The commercial building offers approximately 4,000 square feet with central air, city water & sewer, interior storage, handicap accessibility & dedicated restroom facilities. Just as impressive is the 1.31-acre commercial lot, a significant asset for future flexibility. The site has extensive existing paved and concrete areas, excellent onsite parking, and convenient ingress and egress designed to accommodate customer traffic. Its established commercial setting and visibility along Lafayette Avenue make this a location that would be difficult to duplicate from the ground up today. The property is commercially zoned and currently utilized for retail/restaurant use. Continue a Terre Haute tradition or make this prominent commercial property the home of your own dream. With the building, substantial commercial lot, existing infrastructure, parking, equipment and inventory already in place, much of the heavy lifting has already been done. The next chapter is ready to be continued...maybe it is sweet or maybe it is spicy! Contact Broker for more info.

Property Features