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    7093 Rosedale Rd Terre Haute, IN 47805

    Sponsored
    For Sale
    $289,000

    Iconic Restaurant, 4.38 Acres

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional Terre Haute property offers a thriving, established restaurant business known as Green Acres Daily Bar, situated on a 0.95-acre parcel. The sale includes all equipment and inventory. The restaurant features convenient parking, covered picnic areas, and a fenced playground, enhancing its appeal to families and the community. Recent improvements include expanded serving space and a drive-through window, optimizing customer service and efficiency. A significant added value is the inclusion of approximately 3.43 acres of level, vacant land adjacent to the restaurant. This expansive area presents numerous development opportunities, potentially for expansion of the existing business, hosting community events, or constructing additional buildings. The asking price for this combined restaurant and land package is $289,000. This presents a unique opportunity to acquire a well-established business with significant expansion potential in a desirable location. The property is located at 7093 Rosedale RD, Terre Haute, IN 47805, Vigo County. The combined lot size totals 4.38 acres. This is a turnkey operation ready for a new owner to step in and continue the success of this beloved local establishment.

    Property Features for 7093 Rosedale Rd

    General Information

    Property type
    Restaurants
    Lot Size
    190,793 SF

    HighLights

    • Established restaurant, Green Acres Daily Bar, on 0.95 acres, including all equipment and inventory.
    • Features ample parking, covered picnic areas, and a fenced playground.
    • Recent upgrades include expanded serving area and a drive‑thru.
    • Includes an additional 3.43 acres of vacant land, ideal for expansion or development.
    • Turnkey operation listed at $289,000, located at 7093 Rosedale RD, Terre Haute, IN 47805. Total land area: 4.38 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Gilstrap’s Green Acres ... Ice Cream Shop

    Suggested Use

    Restaurant Spa & Massage Building Supply Food Market Computer & Electronic Repair Home Appliance Store Plumbing Service Farmer's Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Terre Haute
    County
    Vigo
    State
    Indiana
    Longitude
    -87.3332032
    Latitude
    39.5523532

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    FAQs

    What type of property is this?
    Restaurant - Iconic Restaurant, 4.38 Acres
    Where is this restaurant located?
    The property is located at 7093 Rosedale Rd Terre Haute, IN.
    What is the asking price?
    The asking price for this property is $289,000.
    What are key features of this property?
    This property features: Established restaurant, Green Acres Daily Bar, on 0.95 acres, including all equipment and inventory.; Features ample parking, covered picnic areas, and a fenced playground.; Recent upgrades include expanded serving area and a drive-thru.
    Request Owner's contact information
    7093 Rosedale Rd Terre Haute, IN 47805
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    Terre Haute, IN 47805
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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
    7093 Rosedale Rd Terre Haute, IN 47805
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