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Property profile & analytics
OFF-MARKET
Turn key restaurants

13294 State Rd 56 Vevay, IN 47043-2925

2,420 SF 0.75 ac lot Built 1967
Individually Owned 5-yr Hold Free & Clear
Property ID
US31-1110198
Property summary
AI-generated overview

This exceptional commercial property, located at 13294 N State Rd 56 in Vevay, Indiana, presents a unique business opportunity. Situated on a 0.75-acre lot, the building offers significant potential for a variety of commercial ventures. Its history includes previous uses as a restaurant/bar and an auto mechanic shop, demonstrating its adaptability to diverse business models. The building's size is not specified, allowing for flexibility in planning and design to suit the needs of a prospective buyer. The asking price is $129,900, representing a compelling investment opportunity in a desirable location. The property's prime location in East Enterprise offers excellent visibility and accessibility, making it an ideal choice for entrepreneurs seeking a high-traffic area. This versatile space is ready for its next chapter, awaiting a visionary owner to transform it into a thriving business. The 0.75-acre lot provides ample space for expansion, outdoor seating, or additional parking, depending on the chosen business use. This is a chance to acquire a well-situated commercial building with a rich history and a bright future. Serious inquiries are encouraged to explore the possibilities this property offers. The property is located in Vevay, Indiana, offering access to local amenities and a strong community base.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1967
Construction WOOD
Total area 2,420 SF
Lot 0.75 ac (32,670 SF)
APN 78-03-34-300-008.000-001
UPID US31-1110198
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
DAVID E MUNCEY
DAVID E MUNCEY
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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