Highway-Frontage Conventional
For Lease
$199,900
Pending
6595 State Highway 7, Scipio, IN 47273
Established pizzeria with included equipment and additional interior space for restaurant or retail use.
Space SizeContact for details
Days on Market94
Property Features for 6595 State Highway 7
General Information
Standard status
Pending
Property subtype
Commercial
Zoning
Commercial
Building Details
Year Built
1911
Listing Agency:
Bif Ward Real Estate Group
Listed By:
Bif Ward
(317) 580-7871
Source:
Bifward
Added: Jul 15
Changed: Oct 1
Last Checked: Oct 14 at 7:42PM
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 Bif Ward Real Estate Group
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This conventional restaurant occupies a large commercial building with highway frontage and an established pizzeria operation. The property includes pizzeria equipment, while the building dates to 1911. An additional portion of the building is currently open and can accommodate expanded seating, a general store, farm store, deli, or other commercial use supported by the space.
The existing restaurant has served the surrounding community for decades. The owner is willing to remain involved for training, providing operational guidance to a new owner and staff. The property also offers room to consider features such as delivery, online ordering, a drive-through window, or additional food offerings, subject to applicable approvals and site conditions.
The existing restaurant has served the surrounding community for decades. The owner is willing to remain involved for training, providing operational guidance to a new owner and staff. The property also offers room to consider features such as delivery, online ordering, a drive-through window, or additional food offerings, subject to applicable approvals and site conditions.
Key Highlights
- Large commercial restaurant building with highway frontage
- Established pizzeria operating from the property for decades
- Pizzeria equipment included
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 47273, IN
1,917
Population
786
Households
2.4
Avg Household Size
42
Median Age
17%
College-Educated
91%
High-School Grad
31.7 sq mi
ZIP Area
60
Density / Sq Mi
$79,015
Median Household Income
$46,202
Median Earnings
$1,057
Median Rent
$173,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Established pizzeria with included equipment and additional interior space for restaurant or retail use.
Where is this conventional restaurant located?
The property is located at 6595 State Highway 7 Scipio, IN.
What is the lease rate?
The lease rate is $199,900.
What are key features of this property?
This property features: Large commercial restaurant building with highway frontage; Established pizzeria operating from the property for decades; Pizzeria equipment included
