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400 Capitol Ave Corydon, IN 47112

For Sale
$599,000

Successful Restaurant, Prime Location

Description

Added:
Feb 3, 2025
Days on Market:
307
This exceptional business opportunity is located at 400 N Capitol Avenue in the heart of historic Corydon, Indiana. The property boasts a highly visible street-front location directly across from the courthouse, ensuring maximum exposure and foot traffic. Currently operating as Fredericks Restaurant, a thriving establishment known for its excellent breakfast and lunch service, this turnkey operation offers immediate income potential. The restaurant comfortably seats approximately 67 patrons, providing ample space for diners. Adding to the investment appeal is a 2-bedroom, 1-bathroom apartment situated above the restaurant, currently generating rental income. This adds a valuable secondary revenue stream to the overall property value. The 0.71-acre lot is situated in the historic district, offering a unique blend of charm and commercial viability. This is a rare chance to own a well-established business in a vibrant and desirable downtown location, with the potential for continued growth and success. The property's prime location offers easy walking access to numerous shops and attractions, further enhancing its appeal to both customers and residents. This is an exceptional opportunity for an entrepreneur seeking a profitable venture in a thriving community. The combination of a successful restaurant and a rental apartment makes this a truly unique and compelling investment. Don't miss this chance to own a piece of Corydon's rich history and vibrant future.

Property Features for 400 Capitol Ave

General Information

Property type
Investment properties
Lot Size
30,928 SF

Building Details

Year Built
1948

Property Profile Insight Report Location Intelligence

Current Use by Public Records

Fredericks Cafe & Grill Restaurant

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

Location Insight

  • Map
  • Local Demand
City
Corydon
County
Harrison
State
Indiana
Longitude
-86.12602
Latitude
38.21239

FAQs

What type of property is this?
Investment property - Successful Restaurant, Prime Location
Where is this investment property located?
The property is located at 400 Capitol Ave Corydon, IN.
What is the asking price?
The asking price for this property is $599,000.
More about this property
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