Technical
Financial
Distress signals
Property profile

10801 Main St Cynthiana, IN 47612

OFF-MARKET
Turn key restaurants
Property ID
US31-1651131
1,440 SF 0.09 ac lot Built 1967
Individually Owned 3-yr Hold Free & Clear
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Property summary

AI-generated overview

This thriving restaurant and bar, located at 10801 Main St in Cynthiana, Indiana, presents a fantastic investment opportunity. The property, identified by APN 65-22-11-413-041.000-015, boasts 1,440 square feet of space within a single-story building constructed in 1967. Situated on a 0.11-acre lot, this established business offers immediate income potential. The asking price is $110,000, translating to a price per square foot of $76.39. The property's classification includes Restaurant, Bar, Tavern/Bar/Nightclub, and other relevant subtypes. Its prime location in Posey County, Indiana, zip code 47612 (latitude 38.1993507, longitude -87.7074089), ensures high visibility and accessibility. This turnkey operation is ready for a new owner to step in and continue its success. The property's single-building structure simplifies management and maintenance. Further details are available upon request. This is an exceptional chance to acquire a well-established business in a desirable location. Don't miss this opportunity to own a piece of Cynthiana's vibrant culinary scene.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1967
Construction WOOD
Total area 1,440 SF
Lot 0.09 ac (3,833 SF)
APN 65-22-11-413-041.000-015
UPID US31-1651131

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

10801 Main St Cynthiana, IN 47612
Cynthiana metro Census 40100 EVANSVILLE, IN-KY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$155k

Owner & transaction history

since 2022
3 recorded transactions
2022
Price N/A
2022
$3,900
2018
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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