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    915 Main St Mitchell, IN 47446

    For Sale
    $1,295,000

    Established bakery, two locations, equipment included.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    311
    This exceptional business opportunity encompasses two thriving bakery locations in Southern Indiana: H&R Bakery in Mitchell and Huckleberry's in Salem. This sale includes both established businesses, complete with all fixtures, furniture, and equipment. The Mitchell location sits on a 0.33-acre lot at 915 W Main Street. For over 75 years, H&R Bakery has been a beloved local institution, renowned for its delectable doughnuts and legendary brownies, cultivating a loyal customer base spanning generations. The sale also includes the valuable recipes and baking secrets that have contributed to the bakeries' enduring success. This turnkey operation presents a unique chance to acquire a well-established business with significant growth potential. The existing infrastructure provides a solid foundation, and there's potential to expand revenue streams by adding food service options or renting space for meetings and parties. This is a rare opportunity to own a piece of Southern Indiana history and a thriving, profitable business. Please note that this listing pertains to the Mitchell location

    Property Features for 915 Main St

    General Information

    Property type
    Investment properties
    Lot Size
    14,375 SF

    Building Details

    Year Built
    2009
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Mitchell
    County
    Lawrence
    State
    Indiana
    Longitude
    -86.47669
    Latitude
    38.73229

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    FAQs

    What type of property is this?
    Investment property - Established bakery, two locations, equipment included.
    Where is this investment property located?
    The property is located at 915 Main St Mitchell, IN.
    What is the asking price?
    The asking price for this property is $1,295,000.
    (888) 611-3912
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    915 Main St Mitchell, IN 47446
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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

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    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
    915 Main St Mitchell, IN 47446
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