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    Main St Scottsburg, IN 47170

    For Sale
    $525,000

    Renovated Bar & Restaurant, Liquor License Included.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional turnkey business opportunity in Scottsburg, Indiana, presents a fully renovated bar and restaurant ready for immediate operation. Located at 46 & 48 S Main Street, this property sits on a 0.12-acre lot and is offered at $525,000. The extensive renovations include a new industrial roof boasting a 40-year warranty, ensuring long-term cost savings. The kitchen is equipped with top-of-the-line appliances, including a new 36-inch flat top grill, a two-burner gas cooktop, gas fryers, and a stainless steel freezer. A six-tap beer cooler complements the newly installed granite countertops and updated bar. The sale includes all existing inventory, significantly reducing the start-up costs for the new owner. Further enhancing the property's appeal are eight new smart TVs with mounting brackets, updated plumbing and electrical systems, new light fixtures, flooring, tables, chairs, and barstools. The sale also encompasses a valuable three-way liquor license, a catering license, and a gaming license, providing immediate revenue streams. This fully equipped and meticulously updated establishment is poised for success, offering a rare opportunity for immediate occupancy and profitability. The 10-foot hood and fire suppression system meet all current safety standards. This is a truly turnkey operation, ready for a new owner to step in and begin generating income.

    Property Features for Main St

    General Information

    Property type
    Investment properties
    Lot Size
    5,227 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Map

    City
    Scottsburg
    County
    Scott
    State
    Indiana
    Longitude
    -85.7704
    Latitude
    38.68529

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    FAQs

    What type of property is this?
    Investment property - Renovated Bar & Restaurant, Liquor License Included.
    Where is this investment property located?
    The property is located at Main St Scottsburg, IN.
    What is the asking price?
    The asking price for this property is $525,000.
    (812) 265-3122
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    Main St Scottsburg, IN 47170
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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
    Main St Scottsburg, IN 47170
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