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Property profile & analytics

24 State St Kingman, IN 47952-5229

  • Retail space
  • 6,600 SF
  • 0.10 lot acres
OFF-MARKET
Value Estimation
Last Sale
Aug 23, 2023
Location Intelligence
Property ID
US31-2461092
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Retail space

Property Details for 24 State St

Year built
1920
Construction
WOOD
Lot size
0.10 lot acres
Property size
6,600 SF
Zone code
KINGM
Property type
Retail space
APN
23-15-25-321-034.000-021
APU
231525321034000021

Description

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.

Value Estimation

Powered by Realmo proprietary methodology Last update: July 3, 2025
  • CAP approach

  • Comparable approach

  • Alternative Use

Location Insight

  • Map
  • Local Demand
City
Kingman
County
Fountain
State
Indiana
Longitude
-87.2791
Latitude
39.9678

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,561
$5,200
$67,200
$72,400
-
$5,200
$67,200
$72,400
More about this property
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