Renovated Restaurant and
For Sale
Contact for pricing
Pending
721 W Walnut St, Albany, IN 47320
Renovated restaurant and bar property with dining, patio seating, and paved parking included with sale.
Property SizeContact for details
Days on Market121
Property Features for 721 W Walnut St
General Information
Standard status
Pending
Property subtype
Retail
Additional Details
Furnished
Yes
Business Included
Yes
Liquor License
Yes
Amenities
patio seating area
paved parking lot
Building Details
Year Renovated
5
Listing Agency:
Kramer Real Estate Group
(765) 717-2489
Listed By:
Ryan Kramer · License #RB14042267
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 8 at 3:01PM
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 Kramer Real Estate Group
Investment Insights
Based on property information with market context.
This for-sale restaurant and bar property is currently operating as Pete's Bar & Grill. The building was completely renovated five years ago, with all new kitchen and equipment installed. The offering includes a dining room and a patio seating area, along with a paved parking lot.
The business is located on a high-traffic corridor at 721 W Walnut St in Albany, IN, and includes the real estate plus the existing restaurant business. The sale package also includes a liquor license and equipment.
Leased equipment included with the sale consists of an ice machine, dish machine, and water softener. The property is being offered as a combined business and real estate opportunity.
The business is located on a high-traffic corridor at 721 W Walnut St in Albany, IN, and includes the real estate plus the existing restaurant business. The sale package also includes a liquor license and equipment.
Leased equipment included with the sale consists of an ice machine, dish machine, and water softener. The property is being offered as a combined business and real estate opportunity.
Key Highlights
- Pete's Bar & Grill restaurant and bar in Albany
- Building completely renovated 5 years ago with all new kitchen and equipment
- Includes dining room, patio seating area, and paved parking lot
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Liquor license
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
40k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 56%
Shops & Services 44%
McDonald's
Dining
19,069 visits/mo
0.3 miles
Dollar Tree
Shops & Services
6,380 visits/mo
0.5 miles
Dollar General
Shops & Services
5,708 visits/mo
0.4 miles
Village Pantry
Shops & Services
5,631 visits/mo
0.1 miles
Pizza King
Dining
3,443 visits/mo
0.2 miles
Demographics for 47320, IN
3,978
Population
2,176
Households
1.8
Avg Household Size
45
Median Age
16%
College-Educated
93%
High-School Grad
32.6 sq mi
ZIP Area
122
Density / Sq Mi
$68,244
Median Household Income
$41,406
Median Earnings
$669
Median Rent
$120,300
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Bar & Pub - Renovated restaurant and bar property with dining, patio seating, and paved parking included with sale.
Where is this bar & pub located?
The property is located at 721 W Walnut St Albany, IN.
What are key features of this property?
This property features: Pete's Bar & Grill restaurant and bar in Albany; Building completely renovated 5 years ago with all new kitchen and equipment; Includes dining room, patio seating area, and paved parking lot
