13294 State Rd 56 Vevay, IN 47043-2925
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
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.