Individually Owned Property summary
This exceptional turn-key restaurant opportunity is located at 24 E State Street in the heart of Kingman, Indiana. The property consists of a two-story, freestanding building situated on a 0.2-acre lot. This beautifully renovated, historic building is move-in ready, offering immediate potential for a new owner. Recent extensive renovations include a complete overhaul of the bathrooms, dining room, and kitchen. Further improvements encompass new windows, a new HVAC system, new plumbing,… completed tuckpointing, and a new electrical system. The fully equipped kitchen boasts a comprehensive array of operational appliances, including a fire suppression system, salad bar, cooling tables, gas fryer, coolers, freezers, ice machine, soda machine, and all necessary tables and chairs. The restaurant holds a current Health Department certification and is connected to all public utilities. The upper floor presents significant potential for conversion into additional living space or a secondary business, adding considerable versatility to this already impressive offering. Priced at $199,900, this is a rare chance to acquire a well-established, fully operational restaurant in a prime location. The property is ready for immediate operation, allowing a new owner to focus on building their business from day one.
Ownership intelligence
Resolved identity, portfolio, hold profile and investor signals. Included in the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recent transactions · within 1.5 miComparable in this City
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
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Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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