1704 Scatterfield Rd Anderson, IN 46016-5722
- Turn key restaurants
- 2,613 SF
- 0.48 lot acres
Nov 01, 2022
Current Use by Public Records
- Turn key restaurants
Property Details for 1704 Scatterfield Rd
- Year built
- 1987
- Lot size
- 0.48 lot acres
- Property size
- 2,613 SF
- Property type
- Turn key restaurants
- APN
- 48-12-17-200-373.000-003
- APU
- 481217200373000003
Description
This exceptional investment opportunity presents a thriving quick-service restaurant (QSR) located at 1704 S Scatterfield Rd, Anderson, IN 46016. The property boasts 2,276 square feet of space, situated on a highly visible street-front location within a vibrant commercial area characterized by a high volume of pedestrian and vehicular traffic. Built in 1987, this single-story building is zoned C and offers ample parking with 17 spaces available for customers and employees. Currently operating at 100% occupancy, this established business presents a strong track record of success. The asking price is $330,000, translating to a price per square foot of $144.99. Seller financing is available, making this an attractive proposition for investors seeking a lucrative and readily available income stream. The property's history as a KFC location speaks to its proven suitability for fast-food operations, and its prime location ensures continued success for future ventures. This is a rare chance to acquire a well-established, high-performing QSR in a desirable market. The property's strong financials and convenient location make it an ideal investment for both seasoned and emerging entrepreneurs. Don't miss this opportunity to own a piece of Anderson's thriving commercial landscape.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Anderson
- County
- Madison
- State
- Indiana
- Longitude
- -85.652
- Latitude
- 40.0994
- CBSA code
- 26900
- CBSA name
- INDIANAPOLIS-CARMEL-ANDERSON, IN METROPOLITAN STATISTICAL AREA