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Restaurant Opportunity Near Cinema
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2807 Hotel Ave, Huntington, IN 46750

Restaurant property near cinema and future apartment complex.

Property Size5,000 SF
Price / SF$190
Days on Market2426

Property Features for 2807 Hotel Ave

General Information

Standard status Active
Size 5,000 SF
Property subtype Retail

Building Details

Year Built 2002
Units 1
Listing Agency: CENTURY 21 Bradley Realty, Inc
Listed By: Dennis Worman · License #IN
Source: Crexi
Added: Jan 8, 2020 Changed: Aug 13 Last Checked: Aug 28 at 9:33PM

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 CENTURY 21 Bradley Realty, Inc

Investment Insights

Based on property information with market context.

This property presents an opportunity for a restaurant. The building was constructed to accommodate the addition of another floor. The location is near the Huntington Cinema Theatres. An Applebee's Restaurant is situated next to the site. A 500-unit apartment complex is slated to begin construction this year, with plans for additional apartments in the future. The property size is 5000 square feet.

Key Highlights

  • Excellent location for a restaurant.
  • Adjacent to Applebee's Restaurant.
  • Across from Huntington Cinema Theatres.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Big Box & Wholesale Store Kitchen & Bath Showroom Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

291
Businesses Nearby
145k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Superstores 41% Dining 31% Shops & Services 21% Electronics 5%
Walmart Superstores
59,584 visits/mo 0.3 miles
Huntington #2 Shops & Services
16,710 visits/mo 0.5 miles
Starbucks Dining
16,364 visits/mo 0.4 miles
Dollar Tree Shops & Services
11,906 visits/mo 0.4 miles
Applebee's Dining
9,686 visits/mo 0.1 miles

Demographics for 46750, IN

26,580
Population
11,592
Households
2.3
Avg Household Size
41
Median Age
23%
College-Educated
92%
High-School Grad
201.4 sq mi
ZIP Area
132
Density / Sq Mi
$60,883
Median Household Income
$37,303
Median Earnings
$862
Median Rent
$142,200
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property near cinema and future apartment complex.
Where is this conventional restaurant located?
The property is located at 2807 Hotel Ave Huntington, IN.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Excellent location for a restaurant.; Adjacent to Applebee's Restaurant.; Across from Huntington Cinema Theatres.
(260) 403-8451 Call to check price and availability
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