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Property profile & analytics
OFF-MARKET
Retail space

241 Liberty St Lowell, IN 46356-1732

4,710 SF 0.55 ac lot Built 1970
Entity Owned Free & Clear
Property ID
US31-0279880
Property summary
AI-generated overview

This exceptional commercial property at 241 N Liberty Street, Lowell, Indiana, presents a unique investment opportunity. Encompassing three parcels totaling 0.88 acres, this 4,000+ square foot space is currently configured as a fully equipped, turn-key restaurant and bar. The property boasts a complete commercial kitchen, a full bar with all necessary equipment, and a spacious dining area featuring booths. A significant advantage is the inclusion of a valuable three-way liquor license, allowing for immediate operation. The property's strategic location is a key selling point. Situated just steps from a new city park development, it benefits from anticipated high foot traffic and strong community engagement. This park will include an outdoor amphitheater, community building, splash pad, and playground, further enhancing the property's appeal. Annual property taxes are under $10,000, and ample parking is available. The versatility of this space allows for a variety of uses, including casual or upscale dining, or even an event venue. This property is ideally suited for entrepreneurs or investors seeking to capitalize on the growth and development within the thriving Lowell community. The 0.55-acre lot offers significant potential for future expansion or development.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1970
Construction WOOD
Total area 4,710 SF
Lot 0.55 ac (23,958 SF)
APN 45-19-23-351-034.000-008
UPID US31-0279880
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
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
Community Beautification Group INC
Community Beautification Group INC
since 2025
3 recorded transactions
2025
Price N/A
2017
Price N/A
2011
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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