113 Morgan St Rushville, IN 46173
- Turn key restaurants
- 8,436 SF
- 0.62 lot acres
Current Use by Public Records
- South 113 / Bar
Property Details for 113 Morgan St
- Year built
- 1949
- Construction
- WOOD
- Lot size
- 0.62 lot acres
- Property size
- 8,436 SF
- Property type
- Turn key restaurants
- APN
- 70-11-06-283-003.000-011
- APU
- 701106283003000011
Description
This exceptional mixed-use property, located at 113 S Morgan Street in Rushville, Indiana, presents a unique investment opportunity. Situated just one block from the main street of this growing rural town, the property boasts impressive daily traffic counts exceeding 10,000 vehicles. The building itself is a solid brick and block structure, benefitting from recent updates including upgraded heating, cooling, and plumbing systems, as well as both single and three-phase electrical service. The main floor offers approximately 4,200 square feet of versatile space, currently configured for restaurant, bar, special events, and meeting functions. An additional 450 square feet of covered outdoor space enhances the property's appeal. A substantial lower level provides an additional 4,200 square feet of readily available space. The property includes restrooms on both the main and lower levels, along with ample storage rooms and multiple meeting rooms. The total building size is 8,336 square feet, situated on a 0.62-acre lot. This property is priced at $494,900 and offers significant potential for a variety of commercial uses. Its prime location and substantial size make it an ideal investment for entrepreneurs and business owners seeking a high-traffic, well-maintained space in a thriving community.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Rushville
- County
- Rush
- State
- Indiana
- Longitude
- -85.4466
- Latitude
- 39.6072
