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Property profile & analytics
OFF-MARKET
Retail space

211 Walnut St Crawfordsville, IN 47933-1732

2,488 SF 0.32 ac lot Built 2008
Entity Owned 2-yr Hold ~ Est. High Equity
Property ID
US31-1157425
Property summary
AI-generated overview

This exceptional 2,500 square foot restaurant space at 211 N Walnut St presents a unique opportunity for a savvy restaurateur. Currently configured as a single-tenant operation, this second-generation restaurant boasts a wealth of existing inventory included in the sale, saving the new owner significant start-up costs. The kitchen is equipped with an 8-inch hood, ready for immediate use. The property's significant advantage lies in its upcoming paved parking lot, ensuring ample and convenient parking for patrons. This turnkey setup minimizes the time and expense associated with build-out, allowing for a rapid transition to operation. The existing infrastructure and included inventory represent a substantial value proposition, reducing the financial burden of establishing a new restaurant from scratch. The property's location at 211 N Walnut St offers excellent visibility and accessibility, contributing to its potential for success. This is an ideal opportunity for an experienced restaurateur looking to establish a thriving business with minimal upfront investment and maximum operational efficiency. The included inventory and ready-to-use kitchen equipment significantly reduce the time to market, allowing for a quick return on investment. The soon-to-be-paved parking lot further enhances the property's appeal and convenience for customers. This is a rare chance to acquire a fully equipped, established restaurant space with significant cost savings and immediate operational potential.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2008
Construction WOOD
Total area 2,488 SF
Lot 0.32 ac (14,026 SF)
APN 54-17-32-223-004.001-030
UPID US31-1157425
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • First Christian Church Church
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Daichi Strategic LLC · 2 yrs held
Daichi Strategic LLC
since 2024
4 recorded transactions
2024
Price N/A
2024
Price N/A
2023
Price N/A
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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