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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

505 Grant Ave Fowler, IN 47944

4,096 SF 0.27 ac lot Built 1900
Property ID
Property summary
AI-generated overview

This exceptional turn-key bar and restaurant opportunity in Fowler, Indiana, encompasses a substantial 4,096+/- square foot building constructed in 1900 and situated on a generous 0.27+/- acre lot (100' x 180'+/-). The property boasts seating for approximately 100 patrons within the main restaurant and bar area. All equipment, furniture, décor, and a liquor license (transferable upon qualification) are included in the sale, along with remaining inventory, web domain, and name rights. A significant advantage is the inclusion of two leased one-bedroom, one-bathroom residential units located upstairs, providing additional income streams. Recent upgrades enhance the property's value, including a newer roof, upgraded electrical service, a new central air/furnace system, and new carpeting. The extensive commercial kitchen equipment is comprehensive, featuring a six-burner commercial stove, fire suppression system, flat grill, charbroiler, convection oven, fryers, slicer, multiple refrigerators and freezers, a walk-in freezer, and a walk-in refrigerator. Bar equipment includes a keg cooler with three lines, a soda dispensing system, and ample prep and work tables. Furnishings include dining tables, chairs, and barstools, along with a sound system. Further enhancing the property's functionality are a 22-kilowatt emergency generator, a fenced-in rear lot with storage sheds, and a separate fenced-in dumpster area. This is a complete and ready-to-operate business.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1900
Total area 4,096 SF
Lot 0.27 ac (11,761 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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