Former Steak 'N Shake

3,905 SF Building on 1.61 +/- Acre Lot and Restaurant Equipment

Online Auction

7929 E. Division Street, Evansville, IN

Bidding Ends: Thurs., Sept. 28th at 6 PM

(Subject to auto-extend)

Showing: Tues., Sept. 19th, 4-6:00 PM

Showings can be scheduled by calling Curran Miller at 812.474.6100.

REAL ESTATE INFO:

This auction will consist of two lots as follows:

LOT #1 – REAL ESTATE

The real estate consists of 1.61+/- acres zoned C-4 that is improved with a 3,905 sf brick commercial building that was built in 1995. Formerly operated as a Steak ‘n Shake restaurant, the building is comprised of a dining area, men’s & women’s restrooms, kitchen areas, drive through window, walk-in cooler & freezer, storage area & office. Approximately 30,000 sf of the property is paved providing 45 parking spaces. Located at the I-69 / Lloyd Expwy interchange on the east side of Evansville, this property is near hotels, a large car dealership & a medical facility. The traffic count on the E. Lloyd Expwy that pass by the location is 46,690 vehicles per day. The real estate is located in the AE flood zone.

LOT #2 – PERSONAL PROPERTY

This lot consists of all restaurant equipment and fixtures located inside the building, excluding the walk-in cooler & exhaust fan that vents through the roof. Items include: grills, fryers, dishwasher, ice maker, beverage dispensers, stainless steel counters & food bins, dinnerware, booths, tables, chairs, stool, POS equipment & much more! The buyer will be responsible for hiring a licensed electrician and/or plumber to disconnect the equipment and cap lines in a safe and orderly manner. The auction company will require a copy of the service provider’s license prior to item removal.

AUCTION PROCESS: The lots can be bid on individually or in combination & will sell in the manner that generates the highest total sales price.

PROPERTY DIRECTIONS: From the Lloyd Expwy., go north on N. Cross Pointe Blvd., go east on Division St. to property.

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