7247/7227 Main St Wadesville, IN 47638
This exceptional commercial property at 7247/7227 Main Street, Wadesville, IN 47638, presents a rare opportunity to acquire a thriving, established restaurant and bar. The 0.7-acre lot features a single-story building constructed in 1984. The property includes a fully operational restaurant and bar known as Froggy's, complete with a three-way liquor license. Froggy's boasts a loyal customer base and experienced staff, ensuring a smooth transition for the new owner. The business model includes a successful catering arm, expanding revenue streams. The property features both indoor and outdoor dining areas, a well-equipped bar with game machines, and a proven menu. The current owners are prepared to assist with the transition, providing valuable support and expertise. This turnkey operation is ideally suited for an experienced restaurateur seeking a profitable, established business with significant growth potential. The property's APN is 65-06-08-301-033.000-005. Asking price is $895,000. This is a truly remarkable opportunity to own a well-regarded and profitable business in a desirable location. Don't miss out on this chance to own a piece of Wadesville's vibrant culinary scene.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.