Main St Frankfort, IN 46041
- Commercial real estate
- 0.15 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Main St
- Year built
- 1880
- Lot size
- 0.15 lot acres
- Property type
- Commercial real estate
Description
This exceptional Frankfort, IN commercial property presents a unique investment opportunity. The main building houses a thriving, established restaurant and sports bar, a beloved local hotspot known for its diverse menu, from appetizers to home-style meals. The business boasts two banquet/party rooms, perfect for private events, and a welcoming outdoor veranda. Recent renovations have significantly enhanced the property's appeal, including updated dГ©cor, new seating, flooring, lighting, and modern televisions. The kitchen has also received upgrades with new equipment. A significant advantage is the inclusion of a transferable three-way liquor license. Adding to the investment potential is a 3,000 square foot condo located above the restaurant and bar. This condo is currently leased, providing immediate rental income, and features a private entrance and garage for added convenience. The property sits on a 0.15-acre lot, located on N Main Street in Frankfort, Indiana. The asking price for this turnkey operation is $535,000. This is a rare chance to acquire a well-established business with significant upside potential, including a separate income-generating residential unit. The combination of a popular restaurant/bar and a leased condo makes this a truly compelling investment.
Value Estimations
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Frankfort
- County
- Clinton
- State
- Indiana
- Longitude
- -86.3002
- Latitude
- 40.2879