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    8368 State Road 64 Georgetown, IN 47122

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    For Sale
    $650,000

    Adaptable commercial property suitable for retail, warehouse, or entertainment.

    Property size:
    7,800 SF
    Lot size:
    0.78 Acres

    Property Features for 8368 State Road 64

    General Information

    Size
    7,800 SF
    Lot size
    0.78 Acres

    Source: Lopp Commercial Brokers Agent Garrett Dunaway

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Property on State Road

    This versatile 7,800-square-foot property is located on State Road 64 in Georgetown, Indiana, benefiting from high traffic volume. The building, formerly a restaurant and bar, is adaptable for retail, warehouse space, or an entertainment venue. The layout includes an office and a break room. Situated approximately 3 miles from Interstate-64, the location offers convenient access for customers and clients. The property benefits from an average daily traffic count exceeding 13,000 vehicles. Two newer HVAC units have been installed. Note that the kitchen equipment will not remain with the property.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Bars

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Georgetown
    County
    Floyd
    State
    Indiana
    Longitude
    -85.9628947
    Latitude
    38.2953876

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    FAQs

    What type of property is this?
    Bar - Adaptable commercial property suitable for retail, warehouse, or entertainment.
    Where is this bar located?
    The property is located at 8368 State Road 64 Georgetown, IN.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - High traffic location on State Rd 64 with over 13,000 average daily traffic count.; - Versatile property suitable for retail, warehouse, or entertainment space.; - Conveniently located approximately 3 miles from Interstate-64.
    (812) 972-5908
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    8368 State Road 64 Georgetown, IN 47122
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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
    8368 State Road 64 Georgetown, IN 47122
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