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Map

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Property is the corner lot located at the stoplight on State Road 5 in South Whitley.

Description

Unique Opportunity to own both the Legendary Carol’s Corner Drive-In & a Charming 4 Bedroom Home! Unique opportunity to own both a charming home and a thriving restaurant, all in one package! Do not miss this once in a lifetime opportunity to own the legendary Carol’s Corner drive in!! The restaurant is 450 sf and includes 1 half bath, plenty of off street parking, and a lovely covered seating area/play area. Equipment includes multiple freezers and plenty of freezer space, Electrofreeze 2 flavor twist ice cream machine, ross-temp pop machine, Electrofreeze slushie machine, antique cash registers, 4 door refrigerator, star steamer hot dog machine, Keurig coffee maker, microwave, 2 Fry Master french fryers, Valcun-hart grill, Crosley refrigerator, utensils, pots and pans. Burger Buggy, the 1989 Volkswagon Bug, is included! The drive-in is a turn-key business fully ready for the right person to take it over! Seller will help train new owners on all the equipment and day to day functions of the drive-in. Financials are available with an accepted offer. Included in the sale is a 2,567 sf residence featuring 4 spacious bedrooms and 2 bathrooms, perfect for family living. The home boasts a large screened/glassed-in front porch, ideal for enjoying your morning coffee or evening relaxation. With a convenient main floor laundry, a basement for additional storage, and original hardwood floors and hardware that add character, this property is full of delightful surprises. An attached 1-car garage provides easy access, while a large detached garage directly behind the home offers even more space for vehicles or projects. This exceptional property is perfect for those looking to combine their passion for hospitality with comfortable living. Don’t miss out on this rare opportunity!

Details

  • Property Details

  • MLS #:
    202504596
  • Price
    $475,000
  • Approx. Lot Size Acres
    0.25
  • Approx. Lot Size SqFt
    10,890
  • Class
    Commercial
  • DOM
    44
  • Lot Dimensions
    150x150
  • New Construction
    No
  • Parcel ID#
    92-08-04-103-001.000-002
  • Property Sub-Type
    Restaurant/Bar
  • State
    IN
  • Subdivision
    None
  • Year Built
    1950
  • Zip
    46787-1385
  • Interior Features

  • Other Features

  • Waterfront Y/N
    No

Last updated: April 18 2025, 3:04 AM

Listing courtesy of: Chad Metzger, Metzger Property Services, LLC

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified.

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