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Property profile & analytics
FOR SALE
Turn key restaurants

101 Indiana Ave English, IN 47118

2,664 SF 0.47 ac lot Built 1995
Individually Owned Absentee Owner Free & Clear
Property ID
US31-2325145
Property summary
AI-generated overview

This exceptional 2800 square foot commercial property, situated on a 0.47-acre corner lot in the heart of English, Indiana, presents a unique investment opportunity. Built in 1995, this all-brick ranch building currently operates as a successful restaurant, enjoying a prime location just a short distance from Patoka Lake and the English Golf Course, ensuring consistent foot traffic. The property's strategic placement on Indiana Avenue and SR 64, alongside a post office, bank, attorney's office, and a license branch, further enhances its visibility and accessibility. Its proximity to the Crawford County Courthouse (only 1/4 mile away) adds to its appeal. The asking price of $350,000 includes all restaurant equipment and inventory, offering a turnkey operation for a new owner. The building's versatile design allows for easy conversion to other uses, including medical offices, retail spaces, or other commercial ventures. Given the current cost of construction, the opportunity to acquire this established building on a desirable corner lot at this price point is exceptional. The existing business provides immediate income potential, eliminating the need for extensive start-up costs and time. This is a rare chance to acquire a well-located, adaptable commercial property with significant upside. Don't miss this chance to own a piece of English, Indiana's thriving business community.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1995
Construction WOOD
Total area 2,664 SF
Lot 0.47 ac (20,520 SF)
APN 13-07-18-400-001.000-011
UPID US31-2325145
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
$255k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$255k
Owner & transaction history
MARCY HORN
MARCY HORN
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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