200 Chestnut St Seymour, IN 47274
- Retail space
- 4,400 SF
- 0.07 lot acres
Current Use by Public Records
- Larrison's Diner / Restaurant / Breakfast Restaurant
Property Details for 200 Chestnut St
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 0.07 lot acres
- Property size
- 4,400 SF
- Property type
- Retail space
- APN
- 36-66-17-318-016.000-009
- APU
- 366617318016000009
Description
This exceptional investment opportunity presents a well-established, 4,400 square foot commercial building situated on a 0.07-acre corner lot in the heart of Seymour, Indiana, at the intersection of South Chestnut Street and US Highway 50. The property boasts a long-standing, successful family-owned business – Larrison's Diner – a beloved 50's-style establishment celebrating its 50th anniversary. The two-story brick building, constructed in 1900, offers significant income potential from the main tenant and additional commercial lease space. A second-floor apartment provides further versatility and income streams. The sale includes all existing equipment, allowing for a seamless transition for the new owner. This turnkey operation presents a rare chance to acquire a profitable, established business with significant historical value in a high-traffic location. The property's prime location ensures high visibility and accessibility, making it an ideal investment for both seasoned entrepreneurs and those seeking a stable, income-generating asset. The building's solid construction and established tenant base offer a strong foundation for continued success and growth. Don't miss this unique opportunity to own a piece of Seymour's history and secure a thriving commercial enterprise.
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
- Seymour
- County
- Jackson
- State
- Indiana
- Longitude
- -85.8899
- Latitude
- 38.9569
- CBSA code
- 42980
- CBSA name
- SEYMOUR, IN MICROPOLITAN STATISTICAL AREA
