Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1096 Mcclain Ave Scottsburg, IN 47170

    For Sale
    $350,000

    Turnkey Restaurant, Prime Location, Residential Upstairs

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional business opportunity presents a fully equipped restaurant in a high-traffic Scottsburg location, conveniently situated near I-65 on the main thoroughfare. The property has a rich history, having operated successfully as a popular restaurant (Oriental Inn and China Wind) for over a decade. The sale includes all existing kitchen appliances, tables, and chairs, allowing for immediate operation. The building itself boasts recent upgrades, including a new roof, ensuring minimal maintenance needs. Adding to its versatility, the property features a second-story area comprising two bedrooms and a bathroom. This space offers significant potential for residential use, creating an owner's apartment, or conversion into additional seating for the restaurant, or office space. The property's combination of established business potential and residential accommodation makes it a unique and attractive investment. The asking price is $350,000. The lot size is zero acres. This is a must-see property for anyone seeking a turnkey restaurant operation or a mixed-use investment opportunity in a thriving community. Serious inquiries only.

    Property Features for 1096 Mcclain Ave

    General Information

    Property type
    Investment properties

    Building Details

    Year Built
    1946
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Yamato Japanese steak ... Restaurant China Wind Chinese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Scottsburg
    County
    Scott
    State
    Indiana
    Longitude
    -85.78291
    Latitude
    38.68591

    Nearby Similar for Sale

    • New
      $475,000
      3,700 SF

      Commercial Property with Two Units

      Two-unit commercial property in a desirable location with ample parking.
      969 W Mcclain Ave, Scottsburg, IN 47170
      View Details
    • $99,000
      1.14 Acres

      Versatile Warehouse with Living Potential

      Spacious warehouse in Scottsburg, zoned for business and residential use.
      1519 Burton Dr, Scottsburg, IN 47170
      View Details
    • New
      $425,000

      Commercial Building in Scottsburg, IN

      Commercial building with three occupied units and billboard income.
      941 W Mcclain Ave, Scottsburg, IN 47170
      View Details
    • $249,000

      Commercial Building on Highway 31

      3,000 sq ft commercial building with highway frontage.
      841 S Gardner St, Scottsburg, IN 47170
      View Details
    • $925,000
      4,531 SF

      Renovated Apartment Complex Investment Opportunity

      Fully leased, renovated 10-unit apartment complex in Scottsburg, Indiana.
      513 N Gardner St, Scottsburg, IN 47170
      View Details
    • $99,000

      Spacious Scottsburg Warehouse with Loft

      Versatile warehouse with potential for business and residential use.
      1519 Burton Dr, Scottsburg, IN
      View Details

    FAQs

    What type of property is this?
    Investment property - Turnkey Restaurant, Prime Location, Residential Upstairs
    Where is this investment property located?
    The property is located at 1096 Mcclain Ave Scottsburg, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    (502) 454-4404
    Request Owner's contact information
    1096 Mcclain Ave Scottsburg, IN 47170
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1096 Mcclain Ave
    Scottsburg, IN 47170
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    1096 Mcclain Ave Scottsburg, IN 47170
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.