21 Public Rd Salem, IN 47167
- Investment properties
- 0.17 lot acres
Current Use by Public Records
- Investment properties
Property Details for 21 Public Rd
- Year built
- 1934
- Lot size
- 0.17 lot acres
- Property type
- Investment properties
Description
This exceptional opportunity presents the chance to acquire a highly profitable, well-established bakery with a rich history spanning over three-quarters of a century. The Salem location of H&R Bakery, renowned for its delectable donuts and legendary brownies, is offered for sale along with its sister location, Huckleberry's in Mitchell, Indiana. This sale includes both locations, all fixtures, furniture, and equipment. The sale also encompasses the invaluable asset of an established, loyal customer base built over generations, along with the treasured, time-tested baking recipes that have made these bakeries local favorites. The Salem location sits on a 0.17-acre lot at 21 N Public, Salem, IN. The asking price for this turnkey business opportunity is $1,295,000. Significant potential exists to expand revenue streams through the addition of food service options and the rental of space for meetings or parties. Detailed information regarding the Mitchell location (MLS#2024011719) is available in a separate listing. This is a rare chance to own a piece of Southern Indiana history and a thriving, profitable business. This sale is for both locations, all equipment, and the established business as a whole. Don't miss this chance to own a legacy.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Salem
- County
- Washington
- State
- Indiana
- Longitude
- -86.1002
- Latitude
- 38.6065
