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1445 275 N Rd - Mulligan's Reastuarant and Pub 6,000 SF Sports & Entertainment Building Offered at $1,109,756 CAD in Angola, IN 46703

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INVESTMENT HIGHLIGHTS

  • Spacious 4,448 SF interior
  • Ample Parking
  • Potential for expansion into live entertainment or upscale dining
  • Covered outdoor deck with generous seating capacity
  • Golf Course Views
  • Separate leased pro shop on lower level provides additional income stream

EXECUTIVE SUMMARY

Situated on the scenic grounds of the Lake James Golf Course, this fully operational restaurant and event venue offers a rare investment opportunity in the heart of Steuben County. In continuous operation since 1998, this local favorite has built a loyal customer base by delivering more than the standard dining experience.
Set apart from chain establishments in the area, the venue boasts a warm, spacious interior and a covered outdoor deck with ample seating—perfect for summer service and high-volume traffic from golfers, club members, and area residents. The bar has become a go-to destination for casual dining, post-game drinks, and celebrations of all kinds.
Designed to accommodate a wide variety of events, the property is equipped to host private parties, corporate functions, and special occasions. Additional services such as on-site catering and bartending are already in place, enhancing its versatility and revenue potential.
The lower-level pro shop is currently leased to the golf course, providing a built-in tenant and additional income stream.
With its long standing reputation, turnkey operations, and exceptional setting, this property is ideal for restaurateurs, event professionals, or investors looking to acquire a proven hospitality asset in a high-demand market. Contact us today to schedule a private tour and explore the future of this unique offering.
This sale includes business, real estate and liquor license.

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $3,172 $0.53
Operating Expenses - -

TAXES & OPERATING EXPENSES (ACTUAL - 2024)

Taxes (CAD)
Annual $3,172
Annual Per SF $0.53
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $3,172
Annual Per SF $0.53

PROPERTY FACTS

Price $1,109,756 CAD
Price Per SF $184.77 CAD
Sale Type Owner User
Sale Condition Business Value Included
Property Type Sports & Entertainment
Building Class B
Lot Size 0.34 AC
Building Size 6,006 SF
No. Stories 2
Year Built 1936
Parking Ratio 4.16/1,000 SF
Zoning Commercial - Commercial Restaurant / Bar

AMENITIES

  • Lounge
  • Air Conditioning
  • Smoke Detector

ABOUT 1445 275 N RD , ANGOLA, IN 46703

Situated on the scenic grounds of the Lake James Golf Course, this fully operational restaurant  and event venue offers a rare investment opportunity in the heart of Steuben County. In continuous operation since 1998, this local favorite has built a loyal customer base by delivering more than the standard dining experience. Set apart from chain establishments in the area, the venue boasts a warm, spacious interior and a covered outdoor deck with ample seating—perfect for summer service and high-volume traffic from golfers, club members, and area residents. The bar has become a go-to destination for casual dining, post-game drinks, and celebrations of all kinds. Designed to accommodate a wide variety of events, the property is equipped to host private parties, corporate functions, and special occasions. Additional services such as on-site catering and bartending are already in place, enhancing its versatility and revenue potential. The lower-level pro shop is currently leased to the golf course, providing a built-in tenant and additional income stream. With its long standing reputation, turnkey operations, and exceptional setting, this property is ideal for restaurateurs, event professionals, or investors looking to acquire a proven hospitality asset in a high-demand market. Contact us today to schedule a private tour and explore the future of this unique offering. This sale includes business, real estate and liquor license.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
76-06-10-000-002.010-011
Land Assessment
$41,991 CAD
Improvements Assessment
$401,033 CAD
Total Assessment
$443,024 CAD
Annual Taxes
$3,172 CAD ($0.53 CAD/SF)
Tax Year
2024 Payable 2025
  • Listing ID: 35620801

  • Date on Market: 2025-04-24

  • Last Updated:

  • Address: 1445 275 N Rd, Angola, IN 46703

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