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Mixed-Use Property with Income Potential
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230-232 S Bdwy St, Butler, IN

Bar, ice cream parlor, and apartments in Butler, Indiana.

Property Size6,505 SF
Lot Size0.28 Acres
Price / SF$23.06
Days on Market651

Property Features for 230-232 S Bdwy St

General Information

Standard status Active
Size 6,505 SF
Lot size 0.28 Acres
Property subtype RETAIL
Listing Agency: Allied Commercial
Listed By: Ricky Kerns · License #RB14051295
Source: Moodyscre
Added: Nov 30, 2024 Changed: Sep 9 Last Checked: Sep 12 at 9:10AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Allied Commercial

Investment Insights

Based on property information with market context.

This mixed-use property includes a bar, an ice cream parlor, and two upstairs apartments. The purchase includes a small garage and a parking area located on the rear parcel. The total building area, combined with the garage area, measures 6,505 square feet. The property benefits from visibility to approximately 4,000 vehicles per day.

Key Highlights

  • Includes bar, ice cream parlor, and 2 upstairs apartments
  • Total building area + garage area = 6,505 SF
  • Small garage and parking area included

Property Analytics

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Current Use

Bars & Pubs

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby
Balanced
Demand for This Use
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
Rey
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Similar Off Market Nearby

  • Collins Tavern 230 S Broadway St, Butler, IN 46721
  • Route 6 Bar and Grill 110 W Main St, Butler, IN 46721

Frequently Asked Questions

What type of property is this?
Bar & Pub - Bar, ice cream parlor, and apartments in Butler, Indiana.
Where is this bar & pub located?
The property is located at 230-232 S Bdwy St Butler, IN.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Includes bar, ice cream parlor, and 2 upstairs apartments; Total building area + garage area = 6,505 SF; Small garage and parking area included
(260) 615-6535 Call to check price and availability
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