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    OFF-MARKET
    Turn key restaurants

    64 Main St, Scottsburg, IN 47170-1839

    7,665 SF 0.1 ac lot Built 1912
    Entity Owned 3-yr Hold Free & Clear
    Property ID
    US31-0345321
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1912
    Construction WOOD
    Total area 7,665 SF
    Lot 0.1 ac (4,534 SF)
    APN 72-05-20-310-030.000-008
    UPID US31-0345321
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Time Zone Pizza Arcade Restaurant
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Rybc Holdings LLC · 3 yrs held
    Rybc Holdings LLC
    since 2022
    Last sale
    $150,000
    7 recorded transactions
    2023
    2022
    $150,000
    2021
    2020
    2019
    2016
    2015
    $160,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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