115 Poplar St Corydon, IN 47112-1025
- Commercial land
- 0.22 lot acres
Current Use by Public Records
- The Alibi / Bar & Grill
Property Details for 115 Poplar St
- Lot size
- 0.22 lot acres
- Property type
- Commercial land
- APN
- 31-10-31-158-011.000-008
- APU
- 311031158011000008
Description
This exceptional opportunity presents a thriving bar and substantial real estate in Corydon, Indiana. The 7,060-square-foot building, constructed in 1945 and extensively renovated in 2020, boasts a highly successful, 5,541-square-foot Alibi Bar, opened in 2021. The remaining 1,519 square feet offers the potential for two apartments, adding significant rental income. The property includes three units in total, spread across two stories, and sits on a prime location at 115 E Poplar St, Corydon, IN 47112. This Class C building presents a unique investment opportunity for both owner-users seeking to operate a successful business and investors looking for strong cash flow potential. Detailed financial information is available upon request after signing a confidentiality agreement. The property is offered at $600,000 and includes 100% ownership. The occupancy date is September 11, 2024. This is a turnkey operation with significant upside potential. Don't miss this chance to acquire a well-established business and valuable real estate in a growing Indiana market.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Corydon
- County
- Harrison
- State
- Indiana
- Longitude
- -86.1259
- Latitude
- 38.2091
- CBSA code
- 31140
- CBSA name
- LOUISVILLE-JEFFERSON COUNTY, KY-IN METROPOLITAN STATISTICAL AREA
