134 Spg St Jeffersonville, IN 47130-3338
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.
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.