400 Capitol Ave Corydon, IN 47112

Property Details for 400 Capitol Ave

Year built

1948

Construction

WOOD

Lot size

0.07 lot acres

Property size

3,279 SF

Property type

Turn key restaurants

APN

31-10-31-105-013.000-008

APU

311031105013000008

Description

This exceptional business opportunity is located at 400 N Capitol Avenue in the heart of historic Corydon, Indiana. The property boasts a highly visible street-front location directly across from the courthouse, ensuring maximum exposure and foot traffic. Currently operating as Fredericks Restaurant, a thriving establishment known for its excellent breakfast and lunch service, this turnkey operation offers immediate income potential. The restaurant comfortably seats approximately 67 patrons, providing ample space for diners. Adding to the investment appeal is a 2-bedroom, 1-bathroom apartment situated above the restaurant, currently generating rental income. This adds a valuable secondary revenue stream to the overall property value. The 0.71-acre lot is situated in the historic district, offering a unique blend of charm and commercial viability. This is a rare chance to own a well-established business in a vibrant and desirable downtown location, with the potential for continued growth and success. The property's prime location offers easy walking access to numerous shops and attractions, further enhancing its appeal to both customers and residents. This is an exceptional opportunity for an entrepreneur seeking a profitable venture in a thriving community. The combination of a successful restaurant and a rental apartment makes this a truly unique and compelling investment. Don't miss this chance to own a piece of Corydon's rich history and vibrant future.

Location Insight

City

Corydon

County

Harrison

State

Indiana

Longitude

-86.126

Latitude

38.2124

CBSA code

31140

CBSA name

LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA

Property Tax & Assessments