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Porthole INN 8939 E Southshore Dr 2,682 SF Retail Building Unionville, IN 47468 $1,059,456 CAD ($395.02 CAD/SF)



EXECUTIVE SUMMARY
The Porthole Inn, a legendary bar & grill overlooking Lake Lemon, is now available for purchase. This unique opportunity includes both the real estate and the established restaurant business, which has been serving the Unionville and Bloomington community since 1957.
The offering consists of a ±2,682 SF restaurant building featuring indoor and outdoor seating, a full commercial kitchen with pizza oven and walk-in coolers, and a bar with a small stage for live entertainment. Recent updates include new garage doors on the east side of the building. The property also offers ample parking and includes a detached one-bedroom, one-bath cabin, ideal for staff housing, storage, or supplemental rental income. A dock on Lake Lemon, leased for use by the Porthole Inn (Leased Annually), provides direct lake access and attracts boaters and lake visitors as customers.
The Porthole Inn business conveys with liquor and food licenses, all furniture, fixtures, and equipment (FF&E), and a brand legacy spanning more than six decades. The business is fully operational, open year-round, and financials are available upon request.
The offering consists of a ±2,682 SF restaurant building featuring indoor and outdoor seating, a full commercial kitchen with pizza oven and walk-in coolers, and a bar with a small stage for live entertainment. Recent updates include new garage doors on the east side of the building. The property also offers ample parking and includes a detached one-bedroom, one-bath cabin, ideal for staff housing, storage, or supplemental rental income. A dock on Lake Lemon, leased for use by the Porthole Inn (Leased Annually), provides direct lake access and attracts boaters and lake visitors as customers.
The Porthole Inn business conveys with liquor and food licenses, all furniture, fixtures, and equipment (FF&E), and a brand legacy spanning more than six decades. The business is fully operational, open year-round, and financials are available upon request.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,682 SF
Building Class
C
Year Built
1957
Price
$1,059,456 CAD
Price Per SF
$395.02 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.54 AC
Parking
21 Spaces (7.83 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 53-01-35-300-030.000-003 | Improvements Assessment | $249,564 CAD |
| Land Assessment | $58,102 CAD | Total Assessment | $307,666 CAD |
PROPERTY TAXES
Parcel Number
53-01-35-300-030.000-003
Land Assessment
$58,102 CAD
Improvements Assessment
$249,564 CAD
Total Assessment
$307,666 CAD
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Porthole INN | 8939 E Southshore Dr
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