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109 Harrison St Carlisle, IN 47838-8400

OFF-MARKET Commercial land Google Maps
0.17 ac lot
Entity Owned Free & Clear
Estimated value (blended)
$245k
Range $221k – $270k (±10%)
Property ID US31-1184549

Property summary

AI-generated overview

This exceptional opportunity presents a fully operational restaurant and bar located at 109 Harrison Street in Carlisle, Indiana. The property boasts a generous 2,128 square feet of space situated on a 0.29-acre lot, providing ample room for both indoor and potential outdoor seating. The sale includes all existing restaurant equipment and furnishings, eliminating the need for significant upfront investment. The kitchen is fully equipped and ready for immediate use, allowing for a seamless transition for the new owner. A key advantage is the inclusion of a three-way liquor license, a significant asset for continued profitability. The restaurant currently has seating for 68 patrons, offering considerable capacity. The current owner is offering support during the transition, providing valuable guidance and assistance to ensure a smooth takeover. This is a rare chance to acquire an established business with significant potential for growth and success in a charming small-town setting. The asking price is $300,000, representing a compelling investment in a turnkey operation. The property is ready for a new owner to step in and continue its success or add their own personal touch. This is a unique opportunity not to be missed.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.17 ac (7,520 SF)
APN 77-14-10-334-071.000-010
UPID US31-1184549

Cap rate & NOI

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

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

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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