Technical
Financial
Distress signals
Property profile

2807 Hotel Ave Huntington, IN 46750

FOR SALE
Turn key restaurants
Property ID
US31-2323545
5,000 SF 0.81 ac lot Built 2002
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 0.81-acre storefront property, located at 2807 Hotel Ave in Huntington, Indiana, presents a remarkable investment opportunity. Built in 2002, this retail space is ideally situated for a restaurant, boasting high visibility and foot traffic due to its proximity to established businesses. The property's prime location is directly adjacent to Applebee's Restaurant and across the street from Huntington Cinema Theatres, ensuring consistent exposure to a large customer base. The asking price is $885,000. This property offers significant potential for a thriving business, benefiting from the established commercial activity in the immediate vicinity and the high volume of traffic generated by neighboring businesses. The 0.81-acre lot provides ample space for outdoor seating or other potential business expansions. The property's 2002 construction suggests a relatively modern building, minimizing the need for extensive renovations. This is a rare opportunity to acquire a well-positioned retail space in a thriving Huntington, Indiana commercial area. The 46750 zip code offers easy access to major roadways and residential areas. Serious inquiries are encouraged.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2002
Construction WOOD
Total area 5,000 SF
Lot 0.81 ac (35,284 SF)
APN 35-05-09-200-780.024-005
UPID US31-2323545

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2807 Hotel Ave Huntington, IN 46750
Huntington metro Census 961400 HUNTINGTON, IN MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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