109 Harrison St, Carlisle, IN 47838-8400
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.