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    8545 State Highway 3 Commiskey, IN 47227

    For Sale
    $260,000

    Profitable Business & Real Estate

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity presents the only restaurant, convenience store, and gas station serving the Commiskey, Indiana area. Strategically located on the heavily trafficked State Highway 3, the "Commiskey Corner Store" boasts a loyal customer base and strong profitability. Extensive renovations were completed between 2018 and 2019, modernizing the building and enhancing its operational efficiency. The asking price of $260,000 includes all inventory, equipment, and the established business value, along with the underlying real estate. The main parcel is commercially zoned for convenience markets and gasoline sales, ensuring a seamless transition for the new owner. A significant advantage is the inclusion of an additional, residentially zoned parcel, offering further investment potential. This presents a rare chance to acquire a turnkey operation with immediate income generation and future expansion possibilities in a thriving, underserved market. The two-acre property provides ample space for current operations and potential future development. This is a truly unique opportunity for an entrepreneur seeking a profitable and established business in a desirable location. Don't miss this chance to own a piece of Commiskey's commercial landscape.

    Property Features for 8545 State Highway 3

    General Information

    Property type
    Investment properties
    Lot Size
    87,120 SF

    Building Details

    Year Built
    1991
    Property Profile Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Building Supply Wholesale Shop Convenience Store Cafe & Coffee Shop Barber Shop Coworking Space

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

    Location Insight

    • Map
    • Local Demand
    City
    Commiskey
    County
    Jennings
    State
    Indiana
    Longitude
    -85.63542
    Latitude
    38.86023

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    FAQs

    What type of property is this?
    Investment property - Profitable Business & Real Estate
    Where is this investment property located?
    The property is located at 8545 State Highway 3 Commiskey, IN.
    What is the asking price?
    The asking price for this property is $260,000.
    (812) 565-9048
    Request Owner's contact information
    8545 State Highway 3 Commiskey, IN 47227
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    Commiskey, IN 47227
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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
    8545 State Highway 3 Commiskey, IN 47227
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