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Property profile & analytics
OFF-MARKET
Retail space

134 Spg St Jeffersonville, IN 47130-3338

7,525 SF 0.24 ac lot Built 1926
Individually Owned 6-yr Hold Free & Clear
Property ID
US31-1485462
Property summary
AI-generated overview

This exceptional 7,525-square-foot, three-story restaurant and pub space is ideally located in downtown Jeffersonville, Indiana, at 134 Spring St, 47130. Completely renovated in 2022, this property boasts a "like-new" condition, featuring brand new windows, flooring, and kitchen equipment. The building, originally constructed in the late 1800s, benefits from a recent full renovation, including new HVAC systems, an alarm system, and a new roof. A significant advantage is its inclusion within Jeffersonville's Designated Outdoor Refreshment Area (DORA), enhancing its appeal to the 21+ demographic. The property offers stunning Ohio River views and ample outdoor seating across multiple levels of decking, with potential for expansion. A walk-in cooler and hood system are included in the sale. The convenient location provides easy access from I-65 via the 10th Street exit, placing it within reach of a large customer base. The vibrant downtown area offers numerous attractions, including multiple outdoor entertainment events, the Art & Historic District, the Riverfront Wharf and Docks, Main Street Events, and a Farmers Market, ensuring high foot traffic and visibility. The previous operator's equipment is optionally available for sublease, providing a seamless transition for a new tenant.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1926
Construction WOOD
Total area 7,525 SF
Lot 0.24 ac (10,548 SF)
APN 10-19-00-102-972.000-010
UPID US31-1485462
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
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
134 Spring Street Prop · 6 yrs held
134 Spring Street Prop
since 2020
3 recorded transactions
2020
Price N/A
2020
$325,000
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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