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    505 Grant Ave Fowler, IN 47944
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    505 Grant Ave, Fowler, IN 47944

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    • Retail properties & Spaces
    • 4,096 SF
    • 0.27 lot acres
    Off-Market

    Value Estimations
    Cap Rate Potential
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    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 505 Grant Ave

    Year built
    1900
    Lot size
    0.27 lot acres
    Property type
    Retail properties & Spaces
    Property subtype
    Restaurants

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use


    Location Insight

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    • Local Demand
    City
    Fowler
    County
    Benton
    State
    Indiana
    Longitude
    -87.3144
    Latitude
    40.6132
    More about this property
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