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Property profile & analytics
OFF-MARKET
Turn key restaurants

1004 3rd St Rushville, IN 46173

2,317 SF 0.48 ac lot Built 1977
Individually Owned Absentee Owner ~ Est. High Equity
Property ID
US31-0996256
Property summary
AI-generated overview

This exceptional commercial property at 1004 W 3rd Street, Rushville, Indiana, presents a unique investment opportunity in a thriving rural community. Boasting 2,317 square feet on a 0.48-acre lot, this well-maintained building is ideally suited for a variety of businesses. The property's prime location benefits from an average daily traffic count exceeding 5,500 vehicles, ensuring high visibility and accessibility. The building's interior features ample seating for over 92 patrons, making it suitable for restaurants or businesses requiring significant customer capacity. The property includes all existing equipment, offering a turnkey solution for a new owner. Furthermore, potential training and detailed operational information may be available to facilitate a smooth transition. The previous business operated successfully for over 50 years, transitioning from a Dairy Queen franchise, demonstrating the property's proven potential. The drive-thru equipment was updated as recently as 2021, enhancing operational efficiency and customer convenience. Additional exterior storage space provides further versatility and functionality. This is an exceptional chance to establish or relocate your business in a high-traffic, well-established location. The asking price is $250,000.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1977
Construction WOOD
Total area 2,317 SF
Lot 0.48 ac (20,909 SF)
APN 70-07-31-357-004.000-011
UPID US31-0996256
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Christina Jean Stanley
Christina Jean Stanley
since 2025
2 recorded transactions
2025
$200,000
2025
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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