202 State St Ashley, IN 46705-5220
- Retail space
- 2,495 SF
- 0.08 lot acres
Aug 19, 2024
Current Use by Public Records
- Deano's Diner / American Restaurant
- Deano's Diner LLC / Diner
Property Details for 202 State St
- Year built
- 1900
- Construction
- WOOD
- Lot size
- 0.08 lot acres
- Property size
- 2,495 SF
- Property type
- Retail space
- APN
- 17-02-06-226-016.000-019
- APU
- 170206226016000019
Description
This exceptional commercial property presents a unique investment opportunity in the heart of Ashley, Indiana. Located at 202 W State Street, this established diner boasts a highly visible location on State Road 4, ensuring consistent traffic and brand recognition within the Ashley/Hudson community. The property encompasses a substantial 3,485 square feet of space situated on a 0.08-acre lot. The asking price of $124,900 includes all existing equipment and real estate, offering a turnkey business acquisition. This well-established diner has served the local community for many years, providing a solid foundation for a new owner. While some cosmetic updates may enhance the property's appeal, the existing infrastructure and equipment are in place, minimizing initial investment requirements. The property's prime location and established clientele base make it an attractive proposition for both seasoned restaurateurs and first-time business owners seeking a profitable venture. The opportunity to acquire a fully operational business, including land and equipment, at a competitive price point, makes this a truly compelling investment. This is a chance to own a piece of Ashley's history and shape its future. Serious inquiries are encouraged.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ashley
- County
- Dekalb
- State
- Indiana
- Longitude
- -85.0671
- Latitude
- 41.5268
- CBSA code
- 12140
- CBSA name
- AUBURN, IN MICROPOLITAN STATISTICAL AREA