1500 E St Richmond, IN 47374
- Commercial real estate
- 0.62 lot acres
Current Use by Public Records
- Generations Sports Bar / Bar
- Generations Grill and Sports Bar / Sports Bar
Property Details for 1500 E St
- Year built
- 1910
- Lot size
- 0.62 lot acres
- Property type
- Commercial real estate
Description
This exceptional commercial property at 1500 N E Street in Richmond, Indiana, presents a unique investment opportunity. The 0.62-acre lot houses a well-established bar and restaurant, complete with a spacious indoor dining area perfect for serving pizza, steaks, and other classic bar fare. The property boasts an attractive outdoor patio offering scenic views of historic Richmond. Adding to the lively atmosphere are on-site volleyball courts. This turnkey operation is fully equipped and ready for immediate operation. A significant advantage is the inclusion of a coveted three-way (210) liquor license, enabling both on-site consumption and carry-out sales. The property's established clientele and proven business model make it an attractive proposition for experienced restaurateurs or those seeking a profitable venture in a vibrant community. The sale price is $960,000. Serious inquiries only. The square footage of the building is not currently available.
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
- Richmond
- County
- Wayne
- State
- Indiana
- Longitude
- -84.8814
- Latitude
- 39.8346