Property summary
This 6,810+/- SF casual dining restaurant building, formerly O’Charley’s, is situated on a 1.29+/- acre lot in Clark County. The structure was built in 1994 with a wood and concrete block frame and brick veneer siding. The property has approximately 215’ of road frontage along both Vaxter Ave (west) and Cedar St (east). Interior features include an entry area that leads to segmented dining spaces with varying floor elevations, a bar area, restrooms, and a commercial-grade kitchen with an attached cooler and freezer. Dining finishes include ceramic tile and carpet, fluorescent and incandescent lighting, and 9–10’ ceilings. The exterior includes a 38,890 SF asphalt parking lot with 113 parking spaces, landscaping, a pole sign visible from I-65 and Lewis & Clark Pkwy, and an additional pylon sign facing Vaxter Ave. Mechanical and life-safety features include roof-mounted natural gas self-contained furnaces with condensers, a 1,200 amp main breaker, a wet sprinkler system, and a security alarm; plumbing elements include two restrooms with 11 fixtures and multiple sinks, floor drains, and related kitchen/bar plumbing fixtures. The site provides a three-way liquor license to support restaurant use.
Property profile
VerifiedCap rate & NOI
Current use
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Restaurant
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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