64 Main St, Scottsburg, IN 47170-1839
This exceptional commercial opportunity presents a rare chance to acquire the historic T.H. Everitt Building in the thriving Scottsburg Square. This landmark property comprises two buildings totaling 12,449 square feet, offering significant versatility and immediate income potential. The first floor is currently operational, featuring a storefront, a fully equipped kitchen, brewery equipment, and commercial refrigeration. This established space provides a strong foundation for continued success or expansion. Upstairs, a large banquet room and additional space offer immense potential for redevelopment into offices, event space, or even residential apartments, catering to a variety of needs. The property boasts approximately 61 feet of combined window frontage, maximizing visibility and attracting customers. Its strategic location directly off I-65, as well as Highways 31 and 56, ensures high traffic volume and easy accessibility. This is an unparalleled opportunity to invest in a landmark property in a growing community, poised for significant returns. The property is priced at $484,000. The land area is 0 acres.
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Time Zone Pizza Arcade Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.