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    2825 W Bdwy St Princeton, IN

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    For Lease
    $1,800,000

    Restaurant property in a high-traffic location with development potential.

    Property size:
    3,832 SF
    Lot size:
    1.00 Acres

    Property Features for 2825 W Bdwy St

    General Information

    Size
    3,832 SF
    Lot size
    1.00 Acres

    Source: CBRE Agent Russ Bono, CCIM

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

    Overview

    Restaurant Opportunity on Busy Intersection

    Located on a busy, signalized intersection, the property at 2825 W Broadway St in Princeton, Indiana, is situated in Town Fair Shopping Center, across from a Walmart Supercenter. The site benefits from ample parking and is one block from the US 41 interchange. The property presents a development opportunity due to its location and features. Positioned in a growing community, the site is approximately 1 acre and includes a 3,832-square-foot building currently operating as a Bob Evans restaurant until 04/26. The site has visibility with cross easement access and an average annual daily traffic count of 18,600 on West Broadway Street and 16,533 on US-41. It is surrounded by national retailers such as Walmart, GMC, Maurices, and Dollar Tree, positioning it for future success. The property is available for sale, lease, or ground lease, offering development options to potential investors and tenants. A lease of the existing building is being offered with a desired lease term of 120 months.
    Location Intelligence

    Current Use by Public Records

    Restaurants

    Map

    City
    Princeton
    County
    Gibson
    State
    Indiana
    Longitude
    -87.5675222
    Latitude
    38.3553236

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    FAQs

    What type of property is this?
    Restaurant - Restaurant property in a high-traffic location with development potential.
    Where is this restaurant located?
    The property is located at 2825 W Bdwy St Princeton, IN.
    What are key features of this property?
    This property features: - Prime location on a busy, signalized intersection across from a Walmart Supercenter and one block from US-41 interchange.; - High visibility with cross easement access and strong traffic counts (18,600 AADT on W Broadway St, 16,533 AADT on US-41).; - Flexible development options: available for sale, lease, or ground lease.
    (616) 799-6629
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    2825 W Bdwy St Princeton, IN
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    Princeton, 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
    2825 W Bdwy St Princeton, IN
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