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    599 W State Route 62 Boonville, IN 47601

    For Sale
    $389,900

    Restaurant/Bar, Vacant - Boonville, IN

    Lot size:
    0.70 Acres
    Days on Market:
    278
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 599 W State Route 62

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4
    Bathrooms
    4
    APN
    87-09-36-300-058.000-003
    Interior features
    Drywall, Public Restrooms
    Exterior features
    Public Restrooms
    Lot size
    0.70 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Other (Cooling)

    Building Details

    Year built
    1982
    Floors in Building
    1
    Flooring type
    Concrete, Tile
    Roof type
    Metal
    Architectural style
    Other

    RE/MAX Results (260) 490-1590 [email protected]

    Listing agent Ivan Sanchez Fuentes (260) 490-1590 License #RB22001740

    Listing date Mar 3, 2025

    MLS# 202446755 Listing URL

    Copyright © 2025 Elkhart County Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Boonville Restaurant/Bar Opportunity

    This commercial property in Boonville, Indiana, presents an opportunity for establishing a business. The property is suitable for a restaurant, office building, or store. The building includes a new mini-split cooling and heating system, along with a new water heater. The electrical and plumbing systems are also new. The lot size is 0.7 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Restaurants

    Suggested Use

    Realty agency Auto Repair Shop Hotel & Motel Electronics Store Senior Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Boonville
    County
    Warrick
    State
    Indiana
    Longitude
    -87.257749
    Latitude
    38.03981

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    FAQs

    What type of property is this?
    Restaurant - Commercial property suitable for restaurant, retail, or office use.
    Where is this restaurant located?
    The property is located at 599 W State Route 62 Boonville, IN.
    What is the asking price?
    The asking price for this property is $389,900.
    What are key features of this property?
    This property features: - Versatile commercial space suitable for various business types.; - New mini-split cooling and heating system installed.; - New water heater included.
    (260) 490-1590
    Request Owner's contact information
    599 W State Route 62 Boonville, IN 47601
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    Boonville, IN 47601
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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
    599 W State Route 62 Boonville, IN 47601
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