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    1500 E St Richmond, IN 47374

    OFF-MARKET Commercial real estate Google Maps
    0.62 ac lot Built 1910
    Estimated value
    No estimation on file for this property yet.
    Property ID

    Property summary

    AI-generated overview

    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.

    Property profile

    Verified
    Property type Commercial real estate
    Year built 1910
    Lot 0.62 ac (27,007 SF)

    Cap rate & NOI

    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors

    Current use

    Occupant on record · Public records
    • Bar & Pub
    • Bar & Pub
    2 occupants on record

    Value estimations

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    Owner & transaction history

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation by Request
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    • Value Estimation by Request
      299 SF
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    • Value Estimation by Request
      0.20 Acres
      1902 National Rd
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    • Value Estimation by Request
      1902 Nat'l Rd
      Land
      1902 Nat'l Rd, Richmond, IN 47374
      View Details

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    Recent comparable sales
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