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    FOR SALE
    Retail space

    1020 Highway 62 NW, Corydon, IN 47112

    3,652 SF 0.83 ac lot Built 1969
    Individually Owned 16-yr Hold Free & Clear
    Property ID
    US31-1580980
    Property summary
    AI-generated overview

    This exceptional opportunity presents the chance to acquire a fully operational wrecker service in the heart of historic Corydon, Indiana. Established in 1970, this business boasts a long-standing reputation for reliability and customer service, built over decades of operation. The 0.83-acre property at 1020 Highway 62 W provides ample space for the existing operations. The sale includes all equipment, tools, and assets, making this a true turnkey acquisition. The business is ready for immediate operation, offering a seamless transition for the new owner. Its prime location in Corydon attracts both local and regional clientele, ensuring a consistent stream of customers. This is a rare chance to own a profitable, established business with a rich history and a loyal customer base. The asking price for this turnkey operation is $3,000,000. This represents a unique opportunity to step into a well-established business and continue its legacy of success. The property is ideally situated to capitalize on the existing customer base and further expand its reach within the community and surrounding areas. All aspects of the business are included in the sale, allowing for immediate commencement of operations.

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1969
    Construction TYPE NOT SPECIFIED
    Total area 3,652 SF
    Lot 0.83 ac (36,285 SF)
    APN 31-09-26-428-037.000-007
    UPID US31-1580980
    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
    Convenience Stones Leasing & Manage · 16 yrs held
    Convenience Stones Leasing & Manage
    since 2010
    2 recorded transactions
    2010
    2005
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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