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    230-232 S Bdwy St Butler, IN

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    For Sale
    $150,000

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

    Property size:
    6,505 SF
    Lot size:
    0.28 Acres

    Property Features for 230-232 S Bdwy St

    General Information

    Size
    6,505 SF
    Lot size
    0.28 Acres

    Source: Allied Commercial Agent Ricky Kerns

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

    Overview

    Mixed-Use Property with Income Potential

    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.
    Location Intelligence

    Current Use by Public Records

    Bars

    Similar Places Nearby

    Route 6 Bar and Grill, Collins Tavern

    Map

    City
    Butler
    County
    DeKalb
    State
    Indiana
    Longitude
    -84.8713502
    Latitude
    41.4297727

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    FAQs

    What type of property is this?
    Bar - Bar, ice cream parlor, and apartments in Butler, Indiana.
    Where is this bar 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
    Request Owner's contact information
    230-232 S Bdwy St Butler, IN
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    Butler, IN
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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
    230-232 S Bdwy St Butler, IN
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