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    1500 N E St Richmond, IN 47374

    For Sale
    $960,000

    Restaurant/Bar, Bar,Restaurant - Richmond, IN

    Lot size:
    0.62 Acres
    Days on Market:
    390
    Last Refresh:
    Dec 13 at 4:06 am

    Property Features for 1500 N E St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Kitchen
    Bathrooms
    4
    APN
    89-16-33-320-115.000-030
    Parking features
    Paved or Surfaced
    Interior features
    Block, Drywall, Ansel System, Refrigeration/Freezer
    Exterior features
    Ansel System, Refrigeration/Freezer
    Lot size
    0.62 Acres

    Utilities

    Heating system
    Forced Air, Oil
    Cooling system
    Central Air

    Building Details

    Year built
    1910
    Floors in Building
    2
    Flooring type
    Tile, Wood
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    David M Tarter (765) 595-8155 [email protected]

    Listing agent Paul Faddis (765) 595-8155 License #RB15000347

    Listing date Nov 19, 2024

    MLS# 202444662 Listing URL

    Copyright © 2025 Mid-Eastern Indiana Association of Realtor MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Established Bar/Restaurant with Patio

    This established bar and restaurant, located in Richmond, Indiana, offers a spacious indoor dining area and an outdoor patio overlooking the historic area. The property also includes volleyball courts. It is fully equipped for serving pizza, steaks, and classic bar fare. The sale includes a three-way (210) liquor license, allowing for both on-site and carry-out sales. The lot size is 0.62 acres and the property is located in Wayne County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Generations Sports Bar Bar Generations Grill and Sports ... Sports Bar

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    The Down Under, InCONCERT, Smiley's Pub, E Street Pub, U & I

    Location Insight

    • Map
    • Local Demand
    City
    Richmond
    County
    Wayne
    State
    Indiana
    Longitude
    -84.881458
    Latitude
    39.834576

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    FAQs

    What type of property is this?
    Bar - Turnkey bar and restaurant with liquor license and outdoor patio.
    Where is this bar located?
    The property is located at 1500 N E St Richmond, IN.
    What is the asking price?
    The asking price for this property is $960,000.
    What are key features of this property?
    This property features: - Turnkey bar/restaurant opportunity with all equipment included.; - Includes a three-way (210) liquor license for on-site and carry-out sales.; - Features a spacious indoor dining area and an inviting outdoor patio.
    (765) 595-8155
    Request Owner's contact information
    1500 N E St Richmond, IN 47374
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    Richmond, IN 47374
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1500 N E St Richmond, IN 47374
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