Property profile

112 Orange St Albion, IN 46701

OFF-MARKET
Turn key restaurants
Property ID
US31-2333507
5,139 SF 0.1 ac lot Built 1900
Entity Owned Free & Clear
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Property summary

AI-generated overview

The property at 112 N Orange St, Albion, Indiana consists of a 7,470 sq ft commercial building that includes an operating pizza restaurant space and an attached residential unit. The restaurant portion includes a main dining area with seating for 74 guests and an additional dining room that can accommodate up to 60 guests, with updated bathrooms serving the dining areas. A 992 sq ft apartment with 2 bedrooms and 1 bathroom is included on the premises and has its own separate access. The building features an attached back garage and a loading dock. The storefront on Orange St in downtown Albion includes a renovated stone exterior. The building has a rubber roof that was replaced and includes a lifetime warranty, and the furnaces, air conditioners, and kitchen equipment are maintained on a regular basis.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1900
Construction WOOD
Total area 5,139 SF
Lot 0.1 ac (4,356 SF)
APN 57-13-18-300-097.000-002
UPID US31-2333507

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

112 Orange St Albion, IN 46701-1027
Albion metro Census 972400 KENDALLVILLE, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$270k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$270k

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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