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    211 Walnut St Crawfordsville, IN 47933

    For Lease
    $216 SF/Yr

    Established Restaurant, Turnkey Operation

    Lot size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 2,500 square foot restaurant space at 211 N Walnut St presents a unique opportunity for a savvy restaurateur. Currently configured as a single-tenant operation, this second-generation restaurant boasts a wealth of existing inventory included in the sale, saving the new owner significant start-up costs. The kitchen is equipped with an 8-inch hood, ready for immediate use. The property's significant advantage lies in its upcoming paved parking lot, ensuring ample and convenient parking for patrons. This turnkey setup minimizes the time and expense associated with build-out, allowing for a rapid transition to operation. The existing infrastructure and included inventory represent a substantial value proposition, reducing the financial burden of establishing a new restaurant from scratch. The property's location at 211 N Walnut St offers excellent visibility and accessibility, contributing to its potential for success. This is an ideal opportunity for an experienced restaurateur looking to establish a thriving business with minimal upfront investment and maximum operational efficiency. The included inventory and ready-to-use kitchen equipment significantly reduce the time to market, allowing for a quick return on investment. The soon-to-be-paved parking lot further enhances the property's appeal and convenience for customers. This is a rare chance to acquire a fully equipped, established restaurant space with significant cost savings and immediate operational potential.

    Property Features for 211 Walnut St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF

    Unit(s) available at that property

    Space
    Size
    2,500 SF
    Rate per SF
    $216

    HighLights

    • 2,500 square foot restaurant space.
    • Single‑tenant occupancy.
    • Second‑generation restaurant with existing inventory included.
    • Features an 8‑inch hood system.
    • Parking lot will be paved.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    First Christian Church Christian Church

    Suggested Use

    Restaurant Nail Salon Clothing Store Auto Repair Shop Wholesale Shop Department Store Grocery Store Food Market Storage Facility Furniture Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Crawfordsville
    County
    Montgomery
    State
    Indiana
    Longitude
    -86.903134
    Latitude
    40.0437703

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    FAQs

    What type of property is this?
    Restaurant - Established Restaurant, Turnkey Operation
    Where is this restaurant located?
    The property is located at 211 Walnut St Crawfordsville, IN.
    What is the lease rate?
    The lease rate is $216 SF/Yr.
    What are key features of this property?
    This property features: 2,500 square foot restaurant space.; Single-tenant occupancy.; Second-generation restaurant with existing inventory included.
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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
    211 Walnut St Crawfordsville, IN 47933
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