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    101 Indiana Ave English, IN 47118

    For Sale
    $350,000

    Thriving Restaurant, Endless Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This exceptional 2800 square foot commercial property, situated on a 0.47-acre corner lot in the heart of English, Indiana, presents a unique investment opportunity. Built in 1995, this all-brick ranch building currently operates as a successful restaurant, enjoying a prime location just a short distance from Patoka Lake and the English Golf Course, ensuring consistent foot traffic. The property's strategic placement on Indiana Avenue and SR 64, alongside a post office, bank, attorney's office, and a license branch, further enhances its visibility and accessibility. Its proximity to the Crawford County Courthouse (only 1/4 mile away) adds to its appeal. The asking price of $350,000 includes all restaurant equipment and inventory, offering a turnkey operation for a new owner. The building's versatile design allows for easy conversion to other uses, including medical offices, retail spaces, or other commercial ventures. Given the current cost of construction, the opportunity to acquire this established building on a desirable corner lot at this price point is exceptional. The existing business provides immediate income potential, eliminating the need for extensive start-up costs and time. This is a rare chance to acquire a well-located, adaptable commercial property with significant upside. Don't miss this chance to own a piece of English, Indiana's thriving business community.

    Property Features for 101 Indiana Ave

    General Information

    Property type
    Investment properties
    Lot Size
    20,473 SF

    Building Details

    Year Built
    1995
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Investment properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Auto Repair Shop Nail Salon Pharmacy Food Market

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

    Location Insight

    • Map
    • Local Demand
    City
    English
    County
    Crawford
    State
    Indiana
    Longitude
    -86.44347
    Latitude
    38.35509

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    FAQs

    What type of property is this?
    Investment property - Thriving Restaurant, Endless Potential
    Where is this investment property located?
    The property is located at 101 Indiana Ave English, IN.
    What is the asking price?
    The asking price for this property is $350,000.
    (812) 723-4663
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    101 Indiana Ave English, IN 47118
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    English, IN 47118
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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
    101 Indiana Ave English, IN 47118
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