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    13294 State Road 56 Vevay, IN 47043

    For Sale
    $129,900

    Prime Vevay location, versatile commercial space.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    307
    This exceptional commercial property, located at 13294 N State Rd 56 in Vevay, Indiana, presents a unique business opportunity. Situated on a 0.75-acre lot, the building offers significant potential for a variety of commercial ventures. Its history includes previous uses as a restaurant/bar and an auto mechanic shop, demonstrating its adaptability to diverse business models. The building's size is not specified, allowing for flexibility in planning and design to suit the needs of a prospective buyer. The asking price is $129,900, representing a compelling investment opportunity in a desirable location. The property's prime location in East Enterprise offers excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a high-traffic area. This versatile space is ready for its next chapter, awaiting a visionary owner to transform it into a thriving business. The 0.75-acre lot provides ample space for expansion, outdoor seating, or additional parking, depending on the chosen business use. This is a chance to acquire a well-situated commercial building with a rich history and a bright future. Serious inquiries are encouraged to explore the possibilities this property offers. The property is located in Vevay, Indiana, offering access to local amenities and a strong community base.

    Property Features for 13294 State Road 56

    General Information

    Property type
    Investment properties
    Lot Size
    32,670 SF

    Building Details

    Year Built
    1967
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Realty agency Wholesale Shop Auto Repair Shop Food Market Grocery Store Convenience Store Daycare Center Arcade & Gaming Center Italian Restaurant

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

    Location Insight

    • Map
    • Local Demand
    City
    Vevay
    County
    Switzerland
    State
    Indiana
    Longitude
    -84.9876
    Latitude
    38.87739

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    FAQs

    What type of property is this?
    Investment property - Prime Vevay location, versatile commercial space.
    Where is this investment property located?
    The property is located at 13294 State Road 56 Vevay, IN.
    What is the asking price?
    The asking price for this property is $129,900.
    (812) 438-4663
    Request Owner's contact information
    13294 State Road 56 Vevay, IN 47043
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    Vevay, IN 47043
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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
    13294 State Road 56 Vevay, IN 47043
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