object(stdClass)#4845 (154) {
["property_id"]=>
int(25298)
["property_name"]=>
string(21) "Sugar Bowl Restaurant"
["industrial"]=>
bool(false)
["office"]=>
bool(false)
["retail"]=>
bool(true)
["land"]=>
bool(false)
["investment"]=>
bool(false)
["multi_family"]=>
bool(false)
["address"]=>
string(15) "402 W US HWY 20"
["city"]=>
string(13) "Michigan City"
["county"]=>
string(7) "LaPorte"
["state"]=>
string(2) "IN"
["zip_code"]=>
string(5) "46360"
["region"]=>
NULL
["highlights"]=>
array(7) {
[0]=>
string(78) "Excellent location & a few minutes from busy Franklin Street in Michigan City."
[1]=>
string(166) "Property is located on Highway 20 that is a part of the United States Numbered Highway System that runs for 3,365 miles from Newport, Oregon to Boston, Massachusetts."
[2]=>
string(173) "Zoned B-2 General Commercial District which allows for B-1 Neighborhood Commercial District as well.The site could lend itself to a commercial use (restaurant/retail/hotel)."
[3]=>
string(20) "Limited competition."
[4]=>
string(55) "Ample parking spaces/ 45,700 square feet paved parking."
[5]=>
string(64) "Part of portfolio that add extra acres for a proper development."
[6]=>
string(26) "Municipal water and sewer."
}
["building_sf"]=>
int(3955)
["all_total_gl_doors"]=>
int(0)
["acres"]=>
string(3) "2.3"
["division"]=>
string(6) "Retail"
["single_tenant"]=>
bool(false)
["comments"]=>
NULL
["latitude"]=>
string(10) "41.7211403"
["longitude"]=>
string(11) "-86.9054694"
["class"]=>
NULL
["zoning"]=>
string(3) "B 2"
["clearance_height"]=>
NULL
["min_clear_height"]=>
NULL
["max_clear_height"]=>
NULL
["primary_type"]=>
NULL
["sub_type"]=>
NULL
["total_dock_high"]=>
NULL
["total_ground_level_doors"]=>
NULL
["all_total_warehouse_sf"]=>
int(0)
["all_total_office_sf"]=>
int(0)
["avail_total_warehouse_sf"]=>
int(0)
["avail_total_office_sf"]=>
int(0)
["call_center_use"]=>
NULL
["data_center_use"]=>
NULL
["office_condo"]=>
NULL
["medical_building"]=>
NULL
["backup_generator_available"]=>
NULL
["elevators"]=>
NULL
["fiber_available"]=>
NULL
["government_use"]=>
NULL
["hospital_use"]=>
NULL
["load_factor"]=>
NULL
["number_of_floors"]=>
NULL
["floor_sf_min"]=>
NULL
["floor_sf_max"]=>
NULL
["property_type"]=>
string(13) "Free Standing"
["lease_type"]=>
string(0) ""
["super_box"]=>
bool(false)
["big_box"]=>
bool(false)
["mid_box"]=>
bool(false)
["pad"]=>
bool(false)
["downtown"]=>
bool(false)
["hotel"]=>
NULL
["bank"]=>
bool(false)
["year_built"]=>
NULL
["storage_units"]=>
bool(false)
["auto_repair"]=>
bool(false)
["car_dealership"]=>
bool(false)
["car_wash"]=>
bool(false)
["shop_space"]=>
bool(false)
["grocery_store"]=>
bool(false)
["restaurant"]=>
bool(true)
["drive_thru"]=>
bool(false)
["retail_anchor"]=>
bool(false)
["gas_station"]=>
bool(false)
["units_per_acre"]=>
NULL
["land_number_units"]=>
NULL
["street"]=>
NULL
["sidewalk"]=>
NULL
["curb"]=>
NULL
["gutter"]=>
NULL
["storm_sewer"]=>
NULL
["sanitary_sewer"]=>
NULL
["freeway_exposure"]=>
NULL
["phone"]=>
NULL
["fiber"]=>
NULL
["gas"]=>
NULL
["water"]=>
NULL
["culinary_water"]=>
NULL
["secondary_water"]=>
NULL
["electricity"]=>
NULL
["rail"]=>
NULL
["rail_access"]=>
NULL
["yard"]=>
NULL
["crane"]=>
NULL
["avail_yard"]=>
bool(false)
["industrial_use"]=>
NULL
["office_use"]=>
NULL
["retail_use"]=>
NULL
["retail_pad_use"]=>
NULL
["agricultural_use"]=>
NULL
["hotel_hospitality_use"]=>
NULL
["residential_use"]=>
NULL
["single_family_use"]=>
NULL
["multi_family_use"]=>
NULL
["divisible"]=>
NULL
["traffic_count"]=>
NULL
["frontage"]=>
NULL
["recreational_use"]=>
NULL
["charitable_public_use"]=>
NULL
["condo_use"]=>
NULL
["apartment_use"]=>
NULL
["townhouse_use"]=>
NULL
["farm_use"]=>
NULL
["ranch_use"]=>
NULL
["land_status"]=>
NULL
["condo"]=>
NULL
["apartment"]=>
NULL
["hookups"]=>
NULL
["laundry_facility"]=>
NULL
["dishwasher"]=>
NULL
["updated_kitchen"]=>
NULL
["disposal"]=>
NULL
["parking_ratio"]=>
NULL
["off_street_parking"]=>
NULL
["carport_covered"]=>
NULL
["separate_electric_meters"]=>
NULL
["air_conditioning"]=>
NULL
["gas_master_metered"]=>
NULL
["gross_rent_multiplier"]=>
NULL
["vacancy_percentage"]=>
NULL
["number_of_units"]=>
NULL
["area_description"]=>
string(473) "This building is conveniently located on E. Michigan Blvd. (US 20) in Michigan City, IN with an average daily traffic count of over 13,000 vehicles per day, providing easy access to Michigan City’s waterfront and beaches, the City of LaPorte and the small beach towns along the coast of Lake Michigan. The property is surrounded by local and national retailers, commercial businesses and residential neighborhoods. It is only 3.5 mile from US 421, and 2 miles from I-94. "
["cap_rate"]=>
string(1) "0"
["noi"]=>
string(1) "0"
["tech"]=>
NULL
["cold_refrigerator_storage"]=>
NULL
["freezer_storage"]=>
NULL
["income_statement_type"]=>
string(0) ""
["property_description"]=>
string(728) "Sugar Bowl Restaurant is approximately 4,000 SF and sits on 2.3 acres in growing Michigan City. It is located on U.S. Highway 20 which is part of the United States Numbered Highway System, which runs 3,365 miles from Newport, Oregon, to Boston, Massachusetts. The site is zoned B-2 General Commercial District, which also allows for B-1 Neighborhood Commercial District. The site could lend itself to commercial use (restaurant/retail/hotel). Please note that the owner is willing to sell the restaurant business and the two-way liquor license.
This property is part of a portfolio. The neighboring property is an industrial building that sits on 2.03 acres with excess land. The properties can be sold separately or together. "
["sprinkled"]=>
NULL
["last_updated"]=>
string(10) "02/11/2025"
["property_for_sale"]=>
bool(true)
["property_for_lease"]=>
NULL
["property_for_sublease"]=>
NULL
["property_for_condo_sale"]=>
NULL
["total_avail_sf"]=>
int(0)
["min_avail_sf"]=>
int(0)
["max_avail_sf"]=>
int(0)
["total_avail_acres"]=>
string(1) "0"
["min_avail_acres"]=>
string(1) "0"
["max_avail_acres"]=>
string(1) "0"
["percent_available"]=>
string(3) "0.0"
["price_per_acre"]=>
string(19) "489130.434782608696"
["property_psf"]=>
string(6) "284.45"
["property_sale_price"]=>
string(10) "1125000.00"
["number_parking_stalls"]=>
NULL
["listings"]=>
array(1) {
[0]=>
object(stdClass)#4848 (71) {
["listing_id"]=>
NULL
["sale"]=>
bool(true)
["lease"]=>
bool(false)
["sublease"]=>
bool(false)
["condo_sale"]=>
bool(false)
["minimum_rate"]=>
NULL
["maximum_rate"]=>
NULL
["minimum_sale_price"]=>
string(7) "1125000"
["maximum_sale_price"]=>
string(7) "1125000"
["date_available"]=>
string(10) "03/15/2023"
["date_on_market"]=>
string(10) "03/15/2023"
["listing_expiration_date"]=>
string(10) "03/11/2026"
["improvements"]=>
bool(false)
["improvements_description"]=>
NULL
["improvements_rate"]=>
NULL
["rate_format"]=>
NULL
["rate_type"]=>
NULL
["listor_1"]=>
int(2675)
["listor_2"]=>
int(11)
["listor_3"]=>
NULL
["investment"]=>
bool(false)
["pocket_listing"]=>
bool(false)
["exclude_from_export"]=>
bool(false)
["last_update_date"]=>
string(10) "03/23/2023"
["last_updated_by"]=>
NULL
["available_for_owner_user"]=>
bool(false)
["market_as_industrial_use"]=>
bool(false)
["market_as_office_use"]=>
bool(false)
["market_as_retail_use"]=>
bool(false)
["market_as_multi_family_use"]=>
bool(false)
["market_as_retail_pad_use"]=>
bool(false)
["market_as_agricultural_use"]=>
bool(false)
["market_as_hotel_hospitality_use"]=>
bool(false)
["market_as_residential_use"]=>
bool(false)
["market_as_single_family_use"]=>
bool(false)
["market_as_recreational_use"]=>
bool(false)
["market_as_charitable_public_use"]=>
bool(false)
["market_as_government_use"]=>
bool(false)
["under_contract"]=>
bool(false)
["assumable_loan"]=>
bool(false)
["auto_renew"]=>
bool(true)
["sdr"]=>
NULL
["income_statement_type"]=>
NULL
["tax_year"]=>
NULL
["cap_rate"]=>
NULL
["vacant_investment"]=>
NULL
["rental_income"]=>
NULL
["cam_income"]=>
NULL
["gross_operating_income"]=>
NULL
["total_expenses"]=>
NULL
["net_operating_income"]=>
NULL
["property_tax"]=>
NULL
["insurance"]=>
NULL
["management_fees"]=>
NULL
["maintenance"]=>
NULL
["vacancy_cost"]=>
NULL
["reserves"]=>
NULL
["utilities"]=>
NULL
["miscellaneous"]=>
NULL
["listor_1_name"]=>
string(20) "Christopher J. Barth"
["listor_1_phone"]=>
string(12) "574-485-1553"
["listor_1_username"]=>
string(6) "cbarth"
["listor_1_email"]=>
string(17) "cbarth@cressy.com"
["listor_2_name"]=>
string(10) "Roy Roelke"
["listor_2_phone"]=>
string(12) "574-286-9159"
["listor_2_username"]=>
string(7) "rroelke"
["listor_2_email"]=>
string(18) "rroelke@cressy.com"
["listor_3_name"]=>
NULL
["listor_3_phone"]=>
NULL
["listor_3_username"]=>
NULL
["listor_3_email"]=>
NULL
}
}
["flyers"]=>
string(88) "https://cressy.astroapplications.com/Listings/get-property-flyer-array/property_id/25298"
["pictures"]=>
string(90) "https://cressy.astroapplications.com/Listings/get-property-picture-array/property_id/25298"
}