Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    2825 Broadway St Princeton, IN 47670

    Sponsored
    For Lease
    $30 SF/Yr ($9,580 /Mo)

    3,832 SF Restaurant, High Traffic Location

    Lot size:
    3,832 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This 3,832 square foot retail property, located at 2825 W Broadway St, Princeton, IN 47670, is available for lease or ground lease. Situated on a busy signalized intersection in the Town Fair Shopping Center across from a Walmart Supercenter, this single-tenant building boasts excellent visibility and high traffic counts (18,600 AADT on West Broadway Street and 16,533 AADT on US-41). The property sits on approximately one acre of land and includes 85 parking spaces. Built in 1995, the building is currently operating as a Bob Evans restaurant until April 26th, presenting a redevelopment opportunity. The property benefits from a cross easement access and is surrounded by national retailers such as Walmart, GMC, Maurices, and Dollar Tree. Zoned commercial (APN: 26-11-11-300-004.086-028), this location offers flexible development options. The asking rate for a ground lease is $10,000 per month NNN, while a lease of the existing building is offered at $30 per square foot NNN, with a preferred lease term of 120 months. The property is also available for sale at $1,800,000 as-is.

    Property Features for 2825 Broadway St

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    3,832 SF
    Total Rate
    9580

    Building Details

    Year Built
    1995
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    3,832 SF
    Rate per SF
    $30

    HighLights

    • 3,832 SF retail building available for lease, ground lease, or sale at $1,800,000.
    • Located at 2825 W Broadway St, Princeton, IN 47670, in the Town Fair Shopping Center across from a Walmart Supercenter.
    • High traffic counts (18,600 AADT on West Broadway Street and 16,533 AADT on US‑41) and excellent visibility at a signalized intersection.
    • One‑acre site with 85 parking spaces; built in 1995, currently a Bob Evans (vacating April 26th), offering redevelopment potential.
    • Ground lease: $10,000/month NNN; Building lease: $30/SF NNN (120‑month preferred term).
    • Zoned commercial (APN: 26‑11‑11‑300‑004.086‑028) with flexible development options and surrounded by national retailers.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bob Evans Family Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Princeton
    County
    Gibson
    State
    Indiana
    Longitude
    -87.605484415743
    Latitude
    38.355029093284

    Nearby Comparable

    • Contact for pricing

      Commercial Land in Princeton, IN

      Dominant shopping center location at Hwy 41 and S.R. 64.
      2819 W Broadway St, Princeton, IN 47670
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space in Princeton, IN

      Dominant shopping center with stoplight access at major intersection.
      2691 W Broadway St, Princeton, IN 47670
      View Details
    • Contact for pricing
      3,200 SF

      Princeton Flex Space For Rent

      Flex space available for rent with shop and office areas.
      402 South Richland Creek Dr, Princeton, IN 47670
      View Details
    • Contact for pricing
      99,454 SF

      West Broadway Retail Center

      Princeton, IN Strip Mall - Spaces Available
      1500 Broadway St, Princeton, IN 47670
      View Details
    • $4 SF/Yr
      49,700 SF

      Princeton Warehouse, Manufacturing, or Assembly

      49,700 SF available for lease in Princeton, Indiana.
      901 S 1St St, Princeton, IN 47670
      View Details
    • New
      $95,000
      Pending

      Princeton Office/Apartment Building For Rent

      Four-unit office/apartment building with office and residential spaces.
      220 N Hart St, Princeton, IN 47670
      View Details
    • $1,800,000
      3,832 SF

      Restaurant Opportunity on Busy Intersection

      Restaurant property in a high-traffic location with development potential.
      2825 W Bdwy St, Princeton, IN
      View Details
    • $11 SF/Yr
      14,000 SF

      Class A Office Space Available

      Office suites available in Ft. Branch, Indiana, build-out per specifications.
      Professional Dr - Ft. Branch/#3340, Fort Branch, IN
      View Details
    • $13 SF/Yr
      5,400 SF

      Retail Space with Highway Visibility

      New multi-tenant retail building with high visibility for lease.
      41 Coal Mine Rd, Fort Branch, IN 47648
      View Details
    • $10 SF/Yr
      2,100 SF

      High-Traffic Retail Center Space

      2100 SF retail space in high-traffic area. Open layout.
      1056 In-68, Haubstadt, IN
      View Details
    • Contact for pricing

      Land Available For Lease

      Mixed-use development land ideal for retail, industrial, and multifamily.
      701 Rusher Ln, Evansville, IN 47725
      View Details
    • Contact for pricing

      Land Available For Lease/Sale

      Mixed-use development land for retail, manufacturing, and multifamily housing.
      717 Rusher Ln, Evansville, IN 47725
      View Details

    Nearby Similar for Lease

    • New
      $95,000
      Pending

      Princeton Office/Apartment Building For Rent

      Four-unit office/apartment building with office and residential spaces.
      220 N Hart St, Princeton, IN 47670
      View Details
    • $1,800,000
      3,832 SF

      Restaurant Opportunity on Busy Intersection

      Restaurant property in a high-traffic location with development potential.
      2825 W Bdwy St, Princeton, IN
      View Details
    • Contact for pricing
      99,454 SF

      West Broadway Retail Center

      Princeton, IN Strip Mall - Spaces Available
      1500 Broadway St, Princeton, IN 47670
      View Details
    • $4 SF/Yr
      49,700 SF

      Princeton Warehouse, Manufacturing, or Assembly

      49,700 SF available for lease in Princeton, Indiana.
      901 S 1St St, Princeton, IN 47670
      View Details
    • Contact for pricing
      2,800 SF

      Retail Space in Princeton, IN

      Dominant shopping center with stoplight access at major intersection.
      2691 W Broadway St, Princeton, IN 47670
      View Details
    • Contact for pricing
      3,200 SF

      Princeton Flex Space For Rent

      Flex space available for rent with shop and office areas.
      402 South Richland Creek Dr, Princeton, IN 47670
      View Details

    FAQs

    What type of property is this?
    Retail property - 3,832 SF Restaurant, High Traffic Location
    Where is this retail property located?
    The property is located at 2825 Broadway St Princeton, IN.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: 3,832 SF retail building available for lease, ground lease, or sale at $1,800,000.; Located at 2825 W Broadway St, Princeton, IN 47670, in the Town Fair Shopping Center across from a Walmart Supercenter.; High traffic counts (18,600 AADT on West Broadway Street and 16,533 AADT on US-41) and excellent visibility at a signalized intersection.
    Request Owner's contact information
    2825 Broadway St Princeton, IN 47670
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2825 Broadway St
    Princeton, IN 47670
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    2825 Broadway St Princeton, IN 47670
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.